Pop Social Enterprise LLC is a hybrid between non-profit and for-profit operating as a social enterprise that has specific "social" objectives. Our company generates revenues and profits from business activities while helping nonprofits achieve their missions.
POP Social Enterprise's mission is “impact investing for social good,” which serves to bridge the funding gap for nonprofits. We work in partnership with for-profit companies, foundations, and government organizations to help nonprofits promote their mission and grow their general operating capacity. Our mission is in response to a critical need for unrestricted general operating funding otherwise known as "overhead" to support the day-to-day operations of impact-driven nonprofits.
POP Social Enterprise was established to continue the mission of ParentJobNet by working in partnership with private and public companies to strengthen the day-to-day operations of nonprofits that are serving families and children.
Many nonprofits share a common funding problem—lack of cash reserves for general operating support. Industry funding practices such as not funding full costs, requiring all restricted funds to be spent without provision to save, and operating on reimbursements instead of upfront payments, prevent nonprofits from building reserves, making them ill-equipped to serve the most vulnerable among us. Without general operating support, a nonprofit doesn’t have funds for staff, technology, training, rent, or even electricity. And, without a strong operating infrastructure, programs that lift families and communities out of poverty simply can’t happen, especially in times of crisis.
General operating capacity building is not just about the capacity of a nonprofit -- it's about the nonprofit’s ability to deliver its mission effectively now, and in the future. General operating capacity building is an investment in the effectiveness and future sustainability of a nonprofit. Capacity building projects, such as identifying a communications strategy, improving staff recruitment, ensuring thoughtful leadership succession, updating a nonprofit’s technology, and improving how it measures its outcomes, all build the capacity of a charitable nonprofit to effectively deliver its mission. When general operating capacity building is successful, it strengthens a nonprofit’s ability to fulfill its mission over time, thereby enhancing the nonprofit’s ability to have a positive impact on lives and communities.
Collaborating with companies, we provide marketing exposure to nonprofits, sponsorship, fundraising, and general operating capacity building support to nonprofits that offer programs that align with ParentJobNet™ legacy commitment of:
Income Stability: Prepare and connect low-income families with sustainable jobs and careers.
Job Training: Prepare low-income families for the jobs of tomorrow by providing training, entrepreneurship, and small business support.
Financial Literacy: Increase financial literacy in a digital age.
STEM Program: Provide STEM programming that improves reading and math abilities in children Grades K – 12th.
Adult Education: Provide trade certification, ESL, GED, and other accredited certification.
Equality for All: Promote economic and social rights by opening the doors of access and opportunity for everyone, particularly those in greatest need.
The challenges faced by many nonprofits to secure general operating funds required to sustain and grow their day-to-day operation is a harsh reality most growing nonprofits face and we are about to change that narrative with the help of our partners and supporters.
WHAT IS A
A for-profit business that earns most of its revenue through earned income
It's invested in a social mission
The social mission is integrated in its business plan and model
It's transparent about its operations and impact
It gives away some of its profits to its social purpose