Moneytalk's Goals

Just like you should do in your personal life, your career, your health plan, and so on, businesses need to have something they are working toward as well.  This includes a non-profit!

This page is dedicated to communicating the major goals for Moneytalk, how the goal ties into the mission, and how accomplishing this goal will ultimately help those in need to become financially stable.

Goal: Moneytalk will acquire its own permanent space

Moneytalk was already needing to move from a home-based non-profit, renting and borrowing space for workshops and other needs, to having their own permanent space.  Now, due to the exploding increase in number of individuals and families needing assistance, Moneytalk needs their own space more than ever.   And, more importantly, those we are helping need the services that will be available once this goal is met.

While this may sound like it is just overhead, our own space is the only roadblock to our ability to:

  1. Host the Drop & Shop store. We have received over 850 items for the free clothing store including clothes, coats, shoes, purses, belts, and jewelry.
  2. Accept donated vehicles – a dealer’s license is required to accept donated vehicles, provide a charitable donation receipt, and pass the vehicle on to someone in need without having to spend donation dollars on tags, registration, and insurance before passing it on; qualifying for a dealer’s license requires our own separate secure space.
  3. Access to pull client credit reports – separate secure space required by credit reporting agencies.  Our clients have moved many times, had lots of evictions, credit cards, loans, and phone numbers.  It is hard enough to get through the online request process with few moves, jobs, addresses, loans, and phone numbers.  For our clients, it is nearly impossible.  Cleaning up their credit report is critical to helping them be housed and find employment.
  4. Begin a Homeownership Center – helping clients prepare, purchase, and maintain a home by partnering with businesses specializing in homeownership. Partners will have an annual sponsorship will create sustainable income.  Our partners will have the ability to establish a connection with potential customers and establish their expertise in their field and with their products.
  5. Increase volunteer opportunities needed to support the increased client requests.  There are some volunteer opportunities at this time, but the in-person opportunities cannot happen until we have our own space with the exception of the rare in-person workshop, event, or fundraiser.
  6. Ability to support financial literacy education & coaching for the increasing number of clients (Ongoing Support participation requires participation in financial literacy, this is a hand-up not a hand-out)
  7. Meet client requests for positive support opportunities. These opportunities not only help single moms to have a short get-away, but adult conversation, a good listener, and help without ulterior motives.
  8. Set up a food pantry, including non-food items such as laundry supplies, feminine care products, bath soap, shampoo, toothpaste, and so on. Some of our clients do not receive food stamps.
  9. Provide opportunity to “purchase” new items using only the credits earned through program participation and progress toward financial stability. The ability to shop for and receive new items is a huge boost for one’s self-esteem and self-confidence.  These items would include small appliances, new clothes and shoes, bedding, towels, batteries, baby items, cleaning supplies, pots and pans, dishes, candles, humidifier, and more.  For a small admin fee, we can receive donations from many different stores.
  10. Qualify for grants we currently cannot even apply for because we do not have our own space and at least 2 paid employees. Funders consider Moneytalk unsustainable and will not support us.  We have never received any government funding.  All of the COVID relief funds require our own space & paid staff.
  11. Hire some of our clients, homeless veterans, and others who need an opportunity for current work history on their resume and a second chance.
  12. Have a few paid staff to provide consistency in the services we provide for those in need. Grantors are more likely to fund a non-profit they consider sustainable which means our own space and paid employees.
  13. Provide washers and dryers for those who do not have access to them or suffer the cost of laundry mats.  It is a proven fact that many children miss school because of dirty clothes.  There are adults who miss work because they cannot afford to wash their clothes.  Clean clothes, towels, and bedding not only make a person feel better, but also have a direct link to their mental, physical, and emotional health as well.
  14. Host community events and activities such as an art show for students in area schools, a summer art camp, or a summer financial literacy camp for teens & young adults.
  15. Offer cooking classes, through partners.  Clients cannot be more economical with their grocery budget without it.  Many do not know how to cook or have the equipment necessary, therefore they rely on the more expensive and less healthy fast-food, already prepared foods at the store, and highly processed quick cook options.

Once we get the funding, we have two options for acquiring our own space.  One option is to rent office space, the other is to purchase a building.  We would rather purchase a building and have equity available when we outgrow the space to put toward another space than throw money away on rent.  However, if renting a space is the next step, we will gratefully make it work for the shortest amount of time possible so we can be a good steward of the donated funds.

We have a potential lead on a contact who can help us purchase a building at a huge discount, possibly a former government building.  Also, there is funding available to rehab these buildings and remodel the interior to meet your organization’s needs.  From what I have been told, if we can complete the remodel with money left over (such as volunteers to do some work or discounted materials), we get to keep what is left.  We just need to get the funding to be able to purchase the space.

Goal: Moneytalk will be able to hire 2-5 employees.

By hiring a few employees, Moneytalk will be able to improve the consistency and timeliness of services to clients, donors, and sponsors.

We would like to include at least one current client as an employee.  This would provide them current work experience for their resume, potentially learn new skills, and give them a second chance for those who are struggling.

We would also like to be able to hire one person who is currently homeless.  This will provide them current work history, new skills, income for housing, and the hand-up to get out of the current situation.