How NonProfits Can Create Social Enterprise Ventures

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 helps young women succeed during difficult life transitions, even in the face of trauma. In 2016, Bailes founded Transitions Candles, a social enterprise that supports GEMS programs, and clients.

For more information visit: https://www.girlsrgems.org/