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Final project


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Final project

  1. 1. Helping Students Give Back in ways they understand Ryan Anderson April 26th, 2010
  2. 2. What We Want to AchieveEvery nonprofit should be able to operate at a bare minimum of professionalism• Useful website• Professional feel and design• Proper backend management
  3. 3. Our Market• 1.6 million nonprofit organizations in the US• As of April, 2010 – 828,017 organizations with revenue below $250,000 – 570,578 didn’t report, but only 0.1% had filed a Form 990• That’s 1.4 million US charities trying to operate on less than $250,000 a year
  4. 4. Our OTHER Market• 15.9 million college students• #1 major: Business Administration & Management• #8 major: Communications Studies• #10 major: Computer Science• Over 25% of people 16 and older volunteer yearly
  5. 5. What We Offer• Let students give back with what they know• An E-lance for volunteer work with nonprofits – Marketing students can work on promotional material – Communications students can help with presentations – Computer science students can code
  6. 6. The Benefits• For the Nonprofit – A way to get skilled labor for no cost – Aggregation of projects and talent speeds the adoption of best practices• For the Students – An opportunity to give back while building skills – Actionable experience for their resumes – Tax credits (?)
  7. 7. The Safeguards• Social Policing – Users choose their projects and nonprofits rate the users• Bad projects for shady companies will not get users• Bad users who cannot produce will not win jobs• The eBay feedback model
  8. 8. Measuring Impact• Number of jobs listed• Number of contributing users• Number of companies listing again• Percentage of jobs completed over time period X – 1 week, 1 month, 3 months• Percentage of completed jobs rated favorable
  9. 9. How Do We Get Users?• Focus on the talent to draw in the companies• We already know that people like to help• Partner with schools – They help legitimize the new venture – We provide their students with work experience• Partner with those who deal with nonprofits – The Community Foundation
  10. 10. Revenue Streams• Our goal is to be a profitable business who helps nonprofits perform better.• Supplier Partnerships – As some of these nonprofits grow, they will need to purchase hardware and software• Preferred Project Listings – For $15, your project shows up at the top of the list
  11. 11. Revenue Streams• Full-Time Job Postings – - $200 for 30 days, online only – - $100 for 30 days – - $120 premium posts for 60 days• We have built in resumes for each applicant• $40 to list a job (90 days)• 3 premium spaces for each category – $100 for a week
  12. 12. The Team• This should not be capital intensive• Therefore, not many people should be required• President – evangelist for the company• Coder (1) – create and maintain the site• In Time – Business Development (2) – reach out to nonprofits – Customer Support (3) – help the customers
  13. 13. The Competition• – Very successful – Aim for 10,000 new nonprofits yearly – Personally vet every nonprofit and volunteer• – Launched a beta late last year – No public information since December
  14. 14. Thank YouQuestions?