Swagg University

How NonProfits Can Create Social Enterprise Ventures

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Synopsis

A common misconception about nonprofit organizations is that they are not supposed to be profitable.  That is incorrect.  Nonprofit organizations use surplus revenue to forward their mission or a social issue.  Crystal Bailes visits the guest seat to discuss how she established a social enterprise venture aligned with her nonprofit agency, Girls Empowered Mentally for Success (GEMS), to create a better experience and world for the girls served through the agency. Transition Candles utilizes a business model and strategies to teach entrepreneur skills and generate income for GEMS clients.  GEMS and Transition Candles mutually exist as vehicles to pursue both revenue-generating and socially beneficial goals.  In this episode, learn how to create a social business venture to a solution to current social problems.   Crystal Bailes is the CEO and founder of Girls Empowered Mentally for Success (GEMS), a local nonprofit organization that has provided support for at-risk adolescent girls for more than 15 years. GEMS