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4 Financial Metrics to Increase Transparency for Your Nonprofit

sgEngage

Every day, you and your donors are inundated with thousands of pieces of news and bits of information. You want your donors to trust your work, your impact, your stewardship of resources, and your connection to the community, and stand out in a sea of information. Here are the metrics: Program ratio = program expenses / total expenses.

Metrics 107
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How can nonprofits acquire skilled talent to better achieve their mission?

ASU Lodestar Center

However, if boards and upper management do not prioritize human capitol recruitment and retention with proper funding, then the result is often high turnover rates and lack of skilled leaders. Organizations that provide a suitable work environment typically attract better candidates. Compensation. Recruiting strategy.

Skills 52
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The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

Obviously, donors want as much of their donation as possible to go to your programs, to help change lives. On the other end of the spectrum, if you’re spending more than 25% of your total income on fundraising and administration, your donors may be turned off and stop giving, which means your programs may suffer. And fundraising.

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Matching Donations: A Nonprofit’s Guide to Doubling Impact

DipJar

These programs make the original donation go twice as far, so you should encourage your donors to look into their companies’ guidelines. Locating match-eligible donors is a fantastic way to diversify your revenue streams and maximize the donations you’re already receiving. Let’s dive in! What Is Donation Matching?

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Supporting a Nonprofit Business Plan: A Leader’s Guide to Guiding Your Board

Neon CRM

The American Red Cross prevents and alleviates human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.​ Now, let’s say that, during a proposed budget review, you notice that the board has cut funding for a top-rated yearly educational program with your constituents.

Guide 52
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4 Important Membership Trends Every Museum Needs to Consider

Connection Cafe

According to the American Alliance of Museums, the average museum has 6 volunteers for every paid staff member , a ratio which s oars to 18:1 in museums with budgets under $250,000. This has grown steadily since 2014, and even higher rates occur for event registration and membership purchases.” That dropped to 22% by 2017.

Museum 34
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The Math Is Starting to Add Up: The Promise of Mobile

NTEN

Anecdotal evidence was not only accepted but encouraged by donors -- it was the only way we could make them look good! . This allows us to leverage basic phones that are already in most people’s pockets and work in environments where there is still no GSM data connectivity. .

Mobile 62