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/
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