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Statement of Activities (SOA): A Nonprofit’s Income Statement Equivalent

sgEngage

A nonprofit Statement of Activities (SOA) is a report used by nonprofit organizations to highlight their financial performance over a specific period, typically a fiscal year. What’s included in a Statement of Activities? Statement of Activities Example Let’s look at a real example to put everything together.

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Data as Decision in Grantmaking

sgEngage

In grantmaking, one word makes more eyes glaze over than any other – data. With one shift in our understanding about data, we can reclaim a sense of wonder, creative agency, and value in our data work: Recognizing that information does not equal data and data does not equal knowledge.

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Data-Enhanced Learning Management & Certification for Associations

Nucleus

To grow your education business, you need to take advantage of the sophisticated metrics now available through modern data analytics – trends, behaviors, preferences, popularity, geography and much more. If your association is like most today, you use a variety of software systems and there is useful member data contained in each of them.

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Easy Guide to Fundraising Data Management for Nonprofits

Qgiv

And at the heart of successful fundraising lies one key element—data. Managing your fundraising data can help engage your donors, reach your goals, and maximize your organization’s impact. What is fundraising data or database management? What is fundraising data or database management? What data should you collect?

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

The Statement of Activities—commonly referred to as an SOA—is one of four essential financial statements for nonprofit organizations. As a CPA working with nonprofits of all sizes, I’ve encountered numerous errors in Board of Directors’ financial reports and Statements of Activities documents.

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[Free Webinar] The Top 5 Benefits of Adopting a CRM System at Your Nonprofit

Nonprofit Tech for Good

The effective accounting, donor management, and data analysis of donor activity has become essential as nonprofits have embraced online fundraising, virtual events, and fundraising on social media in recent years. Implementing a CRM system can: Establish one system of record for all data.

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How to Demonstrate ROI to Your Nonprofit Board Members

Nonprofit Tech for Good

Nonprofit managers can show the board (and others) that the organization has maximized efficiencies by accurately measuring the amount (and types) of resources going to marketing and fundraising activities. If your nonprofit doesn’t do this kind of record-keeping and analysis, the good news is that it is never too late to start! .

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