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How to Evaluate a New Revenue Stream

sgEngage

Finance teams can help their nonprofit organizations evaluate new revenue streams, enhancing the organizations stability and mitigating risk while intentionally experimenting with varied income sources. Verify Feasibility Once you confirm that the opportunity aligns with your mission, evaluate the feasibility of launching it.

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6 Innovative QR Code Strategies for Nonprofits

Nonprofit Tech for Good

By Jessica Fox , writer at Eventgroove a one-stop, integrated platform for events, fundraisers, and e-commerce driven to help its customers amplify their brand and reach their goals. Additionally, you can include QR codes in annual reports to further illustrate the difference your organization makes.

Strategy 246
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AI for good: How you can help Candid Labs empower nonprofits 

Candid

As of May 2024, the MMMU benchmark , which evaluates responses to college-level questions, scored GPT-4o at 60%, compared with an 83% human average. Candid’s AI-powered LOI writer assistant aids fundraisers and provides guidance on writing different sections of an LOI. Please visit Candid Labs to learn more about how to participate.

Help 98
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Flat, Tall, or In Between—Is It Time to Evaluate Your Organizational Structure?

.orgSource

You are ready to add new categories of membership, sell products to a different audience, expand programs, or even revise the business model. You can take baby steps and evaluate which strategies are successful and which are not. How do you know that your organizational structure might need retooling? Remote work is challenging teams.

Structure 251
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3 Tips to Help Your Nonprofit Steward Corporate Partners

Nonprofit Tech for Good

Stellar stewardship can deepen your relationship with your partners and help build trust in your area of expertise that in turn translates to positive funds for your mission. We’ve borrowed basic business principles to help you steward your partners like a boss ! In business, customer retention is “big business.”

Help 280
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EI Helps Teams Use Technology to Fly

.orgSource

Support Adaptation Emotional intelligence offers a path to support teams and helps them acquire the skills to become digitally proficient. Building these skills helps teams to be comfortable in environments that are characterized by change. Empathy helps teams see beyond differences and connect on a human level.

Team 221
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Your Foundation Grant Report Is Due, But You’re Short On Your Goals. Now What?

Bloomerang

5 steps to take when youve fallen short on your grant proposal goals For nonprofits in this situation, two things are vitally important: 1) an evaluative mindset , and 2) an honest, open relationship with the funder. Evaluate – Take the time to gather all relevant parties and think critically about the problem.

Grant 104