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How much do you spend on overhead?

ASU Lodestar Center

Instead of focusing on income and expense ratios, donors should ask about the scale of the organization’s goal, how they are measuring their goal progress, and what it would take to reach that goal. Encourage honest discussion with grantees and come to an agreed upon definition of overhead. Nonprofits.

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Ensuring compliance and accuracy in your financial reporting involves several key actions: Regularly review the latest guidelines and summaries provided by authoritative bodies on revenue recognition of grants and contracts. As the leader of a nonprofit, you must stay on top of updated standards or hire an accountant who does.

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How to Use AI for the Right Ask (Without Being Creepy)

sgEngage

You can also have AI analyze recordings of past pitches to review metrics like listening ratio, speaker engagement, and overall emotional tone of the meeting. Adding the Human Touch to Reduce the Cringe We’d be remiss to not address how to avoid being creepy when using AI.

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How Data Analysis Can Help Nonprofits Reach Major Donors

sgEngage

According to the 80/20 rule in major donor fundraising, 80% of a nonprofit’s total revenue comes from the top 20% of its donors—and for some nonprofits, this might even be closer to a 90/10 ratio. For example, you might send a summary of your last annual report over email rather than reciting it over the phone.

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

Neon CRM

To make it easier, we’ve organized the components of a nonprofit business plan into three categories based on your responsibilities: Board Support and Guidance Vision and Values Alignment Financial and Resource Planning Executive Summary: A brief overview of the nonprofit’s mission, goals, and strategies.

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From Donation to Payout: The Matching Gift Process Explained

DNL OmniMedia

Matching gifts are a fundraising method in which companies match their employees’ donations, usually at a 1:1 ratio. In summary, matching gifts are a popular corporate giving program that encourages donors to give bigger gifts more often. Fortunately, there is a way to double some of the donations your nonprofit has already earned.

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4 Tips to Cultivate Major Gift Prospects with Data Analysis

sgEngage

According to the 80/20 rule in major donor fundraising, 80% of a nonprofit’s total revenue comes from the top 20% of its donors—and for some nonprofits, this might even be closer to a 90/10 ratio. For example, you might send a summary of your last annual report over email rather than reciting it over the phone.