article thumbnail

How to Develop Your Nonprofit Operating Reserves

sgEngage

Find the Right Number for Your Nonprofit Operating Reserves The Nonprofit Operating Reserves Initiative (NORI) Workgroup suggests that the minimum operating reserve ratio at the lowest point during the year should be 25 percent, or about three months of the annual operating expense budget. However, this is not a universal benchmark.

Develop 100
article thumbnail

Ratio bags $411M in equity, credit for flexible subscription payment models

TechCrunch

Fintech startup Ratio secured $411 million in equity and debt funding to continue developing what it calls “a new flavor” of buy now, pay later that combines payments, predictive pricing, financing and a quote-to-cash process. trillion subscription market for recurring revenue. How to grow a SaaS company efficiently in a recession.

Ratio 98
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Return on Mission: A Framework to Measure Success at Philanthropic Organizations

sgEngage

Overhead to program expense ratio Having money left over to reinvest at the end of the year Programmatic statistics related to mission impact As with many multiple-choice tests, there is only one answer here that makes sense: programmatic statistics related to mission impact.

Measure 111
article thumbnail

SME lender Funding Societies raises $144M led by SoftBank Vision Fund 2, plus $150M in debt lines

TechCrunch

Small businesses are the backbone of Southeast Asia’s economy, but many struggle to secure working capital loans because they don’t have traditional credit records or collateral, say the founders of Funding Societies. TechCrunch first covered Funding Societies when it raised its Series A in 2016. million loan transactions.

Fund 94
article thumbnail

MyHealth Africa, a startup connecting patients with health specialists across the globe, lands $1M funding

TechCrunch

The growth plan comes against the backdrop of $1 million seed funding it has raised in round led by GIIG Africa Fund, with participation from Japanese-based Samurai VC, a family office, and existing investors. This brings total amount raised by the startup, which received its pre-seed funding last year, to $1.3

Africa 89
article thumbnail

Onramp Funds accelerates e-commerce financing platform with $42M in equity, credit

TechCrunch

Onramp Funds , an Austin-based company providing financing to e-commerce sellers, secured $42 million in equity and credit to expand its working capital offering. The solution Onramp Funds came up with was a data-driven technology. Onramp Funds web platform. Image Credits: Onramp Funds.

Fund 95
article thumbnail

mPharma raises $35million in round participated by Tinder co-founder’s JAM fund, Bharti executive

TechCrunch

The new funding, mPharma co-founder and CEO Gregory Rockson told TechCrunch, will be used to build the startup’s data infrastructure, triple its talent pool over the next three years and support expansion plans in its current and new markets. doctors for every 10,000 people against the best ratio of 84.2

Fund 97