Did you know that there are over 1 Million registered 501(c)3 charitable organizations in the United States alone? How about that over 690,000 of these charitable organizations take in revenue of less than $25,000 per year? Every year small nonprofit organizations waste millions of dollars due to a duplication of basic services and structure necessary for a nonprofit organization to exist.
What does this mean? It means that every year, nonprofit organizations spend valuable resources on administrative services and structure which could be going directly to their operating programs. At the end of the year, many of these organizations barely have enough left in the bank to cover program costs, let alone to participate in educational and mentorship opportunities which would empower them to learn how to sustainably grow their worthy social enterprises.
ECTA brings together worthy causes via a common charitable network, known as an ECTA Hub, which allows for the creation of ‘micro-organizations’. Each of these micro-organizations operate as any small non-profit organization would, except that all of their administrative and structural necessities are provided for by ECTA, thus freeing up the valuable resources of the micro-organizations so that they can be more effective in accomplishing their missions.
Not only that, but ECTA also provides subject matter expertise and educational resources in the areas of finance and accounting, communications and web presence, fundraising, and organizational development, in addition to financial grants designed to meet urgent project needs. Through the provision of these resources, ECTA enables its micro-organizational partners to grow in a sustainable way.
All of this is provided to the Project Members within an ECTA Hub free of charge. ECTA raises its own funds separately from its Project Members, ensuring that every dollar donated to a worthy cause goes directly to support that specific program.
How We’ve Done and Where We’re Going
Since ECTA’s founding, its first Hub has helped to support five Project Member micro-organizations spanning across 3 continents, which represent more than 15 total programs and over $200,000 in donations. These programs have helped to support everything from rural health and education programs in India and South Africa, to athletic and mentorship programs for homeless youth in Denver, to a bicycle clinic providing free bikes, maintenance, and vocational training to low-income and disabled persons in the Colorado Springs area.
In the next five to ten years we envision a network of upwards of ten ECTA Hubs, each working to support and encourage individuals and micro-organizations to live by ECTA’s most basic principle – “Do Good”.
Want to help us get there? Check out our Get Involved page.
All data sourced from the National Center for Charitable Statistics (http://nccsdataweb.urban.org/PubApps/profile1.php)