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Your Unrestricted Funds Need Stewardship, Too

sgEngage

All in unrestricted funds with no reporting necessary. While nonprofits will hopefully see an increase in unrestricted funds—and a decrease in burdensome reporting requirements—as part of this and other movements, good nonprofit accounting principles still apply. What Are Restricted Funds? What are Unrestricted Funds?

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How a Project Charter Can Help You Have a Successful Fund Accounting Software Implementation

sgEngage

Any major project—such as implementing new fund accounting software—needs a well-developed charter to keep stakeholders focused on the goals and desired outcome. Give your project an easily identifiable name, such as Fund Accounting Software Implementation. Goals and Metrics What does success look like? out of scope).

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MatrixMaxx 24.1 Release is Full of Visualizations and Dashboard Enhancements

The MatrixFiles

Staff views of Meetings, Funds, Sponsorships, and Products have been transformed, bringing a sleek look with expanded functionality. Membership Churn, in particular, charts members lost over a specific time period, providing a crucial metric alongside membership retention. MatrixMaxx 24.1 has so many more features!

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7 Ways Your Nonprofit Can Build a Strong Financial Foundation in 2024

sgEngage

Create an Operating Reserve Fund (or Review Your Policy) An operating reserve is a crucial part of creating a strong financial foundation for your organization. Like an emergency fund for your organization, an operating reserve allows you time to make data-driven decisions instead of having to react immediately.

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6 Tips for Analyzing Online Fundraising Campaigns

Bloomerang

It can be helpful to set up dashboards that give you a daily overview of key performance metrics and trends for each of your campaigns. A good place to start is to think about the metrics that are most important to each campaign. A good place to start is to think about the metrics that are most important to each campaign.

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Helpful Ways to Measure and Optimize Your Nonprofit’s Performance

sgEngage

If you are not sure which metrics are essential or how to convert your data into something stakeholders can grasp and absorb, start simply by setting clear goals. Learn more: Using Data to Make Annual Giving Work for You Measuring Outcomes Outcome metrics are powerful, necessary tools for demonstrating transparency and accountability.

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Double the Donation’s Year in Review: 2021

Double the Donation

Over time, we are continuing to develop our company, refine our products, and expand our network of social good. Product Updates & Enhancements. For information on even more Double the Donation updates and enhancements, check out our product release notes. As our product continues to grow, so does the company behind it.

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