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How We Grew Our Nonprofit to $30 million - NonProfit MBA 8.34

The Nonprofit MBA Podcast with Stephen Halasnik

Release Date: 01/30/2026

How A Nonprofit Can Address Financial Challenges in an Era of Uncertainty show art How A Nonprofit Can Address Financial Challenges in an Era of Uncertainty

The Nonprofit MBA Podcast with Stephen Halasnik

In this episode, Stephen Halasnik speaks with Dr. Adam Aponte about how nonprofits can manage cash-flow gaps, funding delays, and working-capital challenges in today’s uncertain environment.

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Is Your Nonprofit Mission Achievable? – Nonprofit MBA 9.4 show art Is Your Nonprofit Mission Achievable? – Nonprofit MBA 9.4

The Nonprofit MBA Podcast with Stephen Halasnik

Is your nonprofit mission actually achievable? In today’s uncertain funding environment, nonprofit leaders are being pushed to prove not only that their work matters, but that their mission is realistic, measurable, and aligned with real community needs. In this episode of the Nonprofit MBA Podcast, Stephen Halasnik speaks with Dr. Zuri Tau, founder and CEO of Social Insights, about how nonprofits can evaluate whether their mission is achievable, why theory of change matters, and how organizations can build stronger evaluation systems without needing massive budgets. They also discuss how...

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Change Management in Nonprofit Strategy: How Smart Organizations Stay Ready for What Comes Next - Nonprofit MBA 9.3 show art Change Management in Nonprofit Strategy: How Smart Organizations Stay Ready for What Comes Next - Nonprofit MBA 9.3

The Nonprofit MBA Podcast with Stephen Halasnik

Change management in nonprofit strategy has become increasingly important as nonprofit leaders balance mission, funding uncertainty, and leadership transitions. In today’s environment, that challenge is becoming far more complex. Funding can shift quickly, leadership transitions can happen unexpectedly, and external events can reshape priorities almost overnight. In this episode of the Nonprofit MBA Podcast, Stephen Halasnik, Co-Founder of Financing Solutions, speaks with Matt Glazer of Blue Sky Partners about one of the most important issues facing nonprofit organizations today: change...

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Why Fast, Secure, Reliable Nonprofit Websites Matter More Than Ever- Nonprofit MBA 9.2 show art Why Fast, Secure, Reliable Nonprofit Websites Matter More Than Ever- Nonprofit MBA 9.2

The Nonprofit MBA Podcast with Stephen Halasnik

Nonprofit leaders often overlook website maintenance, security, and speed. Yet, a nonprofit website is critical infrastructure for fundraising, donor trust, and search visibility. In the early days of the internet, a nonprofit’s website was little more than a digital brochure: a static page listing a mission statement, a mailing address, and perhaps a grainy logo. Today, that same website is the organization’s front door, donation engine, volunteer recruiter, grant validator, and public trust ledger all at once. For nonprofit leaders, the shift has been profound. A slow or insecure...

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The New Math of Doing Good: How Nonprofits Can Thrive in Uncertain Times - NonProfit MBA 9.1 show art The New Math of Doing Good: How Nonprofits Can Thrive in Uncertain Times - NonProfit MBA 9.1

The Nonprofit MBA Podcast with Stephen Halasnik

Nonprofit financial management has become one of the most important challenges facing nonprofit leaders today. Economic uncertainty, changing donor priorities, and shifting government funding have made financial strategy more critical than ever. In this episode of the Nonprofit MBA Podcast, Stephen Halasnik speaks with Nick Jain, co-founder of Eagle Rock CFO Services, about how nonprofit financial management can improve through stronger budgeting, better bookkeeping, operational discipline, and measurable outcomes. Below is a summary of their conversation, followed by the full podcast...

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How We Grew Our Nonprofit to $30 million - NonProfit MBA 8.34 show art How We Grew Our Nonprofit to $30 million - NonProfit MBA 8.34

The Nonprofit MBA Podcast with Stephen Halasnik

In this episode of the Nonprofit MBA Podcast, host Stephen Halasnik speaks with Luke Mickelson, founder of Sleep in Heavenly Peace, about how a small garage-based Christmas project grew into a nearly $30 million nonprofit operating across the U.S. and beyond. Mickelson shares the key inflection points behind that growth, including realizing the scale of child bedlessness, transitioning to a formal nonprofit, leveraging a major media moment from Returning the Favor with Mike Rowe, and—most importantly—building the right governance structure, systems, and processes to sustain rapid...

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Your Nonprofit Staff: Building Your Strategic Asset - NonProfit MBA 8.33 show art Your Nonprofit Staff: Building Your Strategic Asset - NonProfit MBA 8.33

The Nonprofit MBA Podcast with Stephen Halasnik

In this episode of the Nonprofit MBA Podcast, Stephen Halasnik sits down with nonprofit HR expert Allison Wyatt, from Edgility Talent Partners, to explore why an organization’s staff should be viewed not as an expense, but as a strategic asset. Wyatt explains how intentional hiring, clear role design, and ongoing staff development directly impact mission effectiveness, financial sustainability, and organizational culture. The conversation covers common nonprofit staffing mistakes, the hidden costs of turnover, and how leaders can better align people strategy with long-term goals—even with...

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How Nonprofits Can Survive Tough Grant Cycles and Reduce Staff Burnout - NonProfit MBA 8.32 show art How Nonprofits Can Survive Tough Grant Cycles and Reduce Staff Burnout - NonProfit MBA 8.32

The Nonprofit MBA Podcast with Stephen Halasnik

In this episode of the Nonprofit MBA Podcast, Stephen Halasnik talks with Michael Toguchi, Chief Strategy Officer at eResources, about how nonprofits can streamline grantmaking and donor programs to save time and reduce staff burnout in a tighter funding environment. They explore how recent economic and political shifts have made grants harder to secure, pushing organizations to apply for more funding with limited resources. Michael explains how combining strong internal processes with nonprofit-specific software can create efficient, repeatable workflows for grants and donor management,...

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How Nonprofit Arts Organizations Evolve for Community Impact- NonProfit MBA 8.31 show art How Nonprofit Arts Organizations Evolve for Community Impact- NonProfit MBA 8.31

The Nonprofit MBA Podcast with Stephen Halasnik

In today’s rapidly changing nonprofit landscape, nonprofit arts organizations are facing significant challenges. Traditional models of fundraising, ticket sales, and audience engagement no longer meet funder expectations. The conversation between Stephen Halasnik and Alan Harrison highlights a core shift taking place: arts organizations and community impact must now be directly connected. Organizations that can measure and demonstrate their impact are the ones best positioned to survive and thrive. Harrison’s career spans more than 300 theater productions on and off Broadway. He is the...

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How Nonprofits Can Grow Faster by Taking Risks Like For-Profit Businesses- NonProfit MBA 8.30 show art How Nonprofits Can Grow Faster by Taking Risks Like For-Profit Businesses- NonProfit MBA 8.30

The Nonprofit MBA Podcast with Stephen Halasnik

Nonprofits have traditionally operated with a mindset of caution, focusing primarily on mission-driven work while avoiding While this approach promotes stability, it often limits growth and long-term impact. On a recent episode of the Nonprofit MBA Podcast, host Stephen Halasnik, co-founder of Financing Solutions, discussed this topic with Barb Clapp, CEO of Dwyer Workforce Development. Together, they explored how nonprofits can grow faster by taking strategic risks similar to for-profit businesses.

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In this episode of the Nonprofit MBA Podcast, host Stephen Halasnik speaks with Luke Mickelson, founder of Sleep in Heavenly Peace, about how a small garage-based Christmas project grew into a nearly $30 million nonprofit operating across the U.S. and beyond. Mickelson shares the key inflection points behind that growth, including realizing the scale of child bedlessness, transitioning to a formal nonprofit, leveraging a major media moment from Returning the Favor with Mike Rowe, and—most importantly—building the right governance structure, systems, and processes to sustain rapid expansion. The conversation explores why treating a nonprofit like a real business matters, how a “franchise-like” chapter model with a single EIN enabled scalable growth while preventing mission creep, and how COVID ultimately helped the organization slow down and professionalize operations. Mickelson also discusses the critical distinction between visionary founders and operational leaders, the necessity of investing in talent, and why long-term nonprofit success depends on strong leadership, clear roles, and disciplined execution of best practices.