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Mastering Next Year’s Budget With Revenue Projections and Donor Attrition Analysis

Neon CRM

Understanding Revenue Projections When a nonprofit is putting together a budget for the coming year, an important step is to perform a revenue projections analysis that can inform the expected amount of income used for operational expenses and deepen mission impact.

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Pop the champagne: This year Candid’s grants data set turns 21!

Candid

Much like a developing human, our data collections have gotten bigger over time (see chart below), undergone developmental changes, and experienced the associated growing pains. as measured by total giving. Analysis tip : We still create these annual data sets. And this year, it enters full-fledged adulthood!

Grant 98
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Top 2021 Fundraising Strategies: Mastering an Analytical Approach to Strategy and Planning

Bloomerang

If you have no idea what a good or poor donor retention rate is, it’s difficult to measure your own performance. Track your own data. Here are some of the questions you might ask in order to understand what metrics to track: . But you’ve got to be patient, and you’ve got to have goals against which you can measure your results.

Analytics 126
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SXSW 2013: Measurement and Making Sense of Your Data

Beth's Blog: How Nonprofits Can Use Social Media

This post summarizes the sessions I facilitated or participated in related to “ Measuring the Networked Nonprofit ,” which included a book signing, panel discussion in the Beacon Lounge , and a workshop with co-author KD Paine. KD says don’t use pie charts, plot your data over time.

Measure 98
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Integration: The Ultimate Solution for Nonprofit Data Silos

sgEngage

There are two solutions for integrating your data — either build an in-house centralized data platform or research an analytics vendor to outsource data collection and analysis. This leads to measurable growth and improved patient results. So, how do healthcare organizations overcome these data silos? Informed fundraising plans.

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4 Performance Measurement Mistakes You Don't Want to Make

Tech Soup

Here are four common mistakes my team and I see made by social, government, and nonprofit organizations trying to measure their impact, and tips on how to avoid them: 1. Measuring Too Much. By far the most common problem we see is that most organizations try to measure too much. Little or nothing happened as a result.

Measure 36
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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

These proactive measures will not only keep your SOA in line with the latest accounting standards but also ensure your organization’s financial health is accurately represented, fostering trust among stakeholders and supporting the sustainability of your mission. Engage with accounting professionals who specialize in nonprofit finance.