
Frequently Asked Questions
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You can join River Valley Nonprofits by easily filling out our contact form here. This will add you to our mailing list, through which we send out notices for all our meetings and important updates.
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Generally, the City of Fort Smith mandates that all businesses, regardless of their structure (corporation, nonprofit, LLC, etc.), must obtain a business license to operate legally within the city limits. Typically, the license fee for nonprofits is waived.
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(1) Diversify Funding Sources; (2) Increase Efficiency and Cut Costs; (3) Form Strategic Partnerships; (4) Leverage Technology; (5) Advocacy and Lobbying; (6) Focus on Mission Impact and Sustainability. By adapting to these strategies, nonprofits can reduce the impact of federal spending cuts tied to the Department of Government Efficiency(DOGE), maintain their operations, and continue to serve their communities effectively.
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The funding model typically involves a diversified approach that combines multiple revenue streams to ensure financial sustainability and flexibility.
"EXAMPLE: Ideal Funding Model Components for Arkansas Nonprofits"
30-40% Government Grants (State & Federal)
20-30% Foundation and Corporate Grants
15-20% Individual Donations (Annual Giving Programs)
10-15% Earned Income/Social Enterprise
5-10% Fundraising Events
5-10% Planned Giving or Legacy Donations