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4 Financial Metrics to Increase Transparency for Your Nonprofit

sgEngage

And nonprofits that just upgraded their Guidestar rating one unit by being just a little bit more transparent still raised 26% more the following year. But only 16% of nonprofits in the Guidestar database of 14,000 organizations actually take the time to actively be more transparent. Why Aren’t Nonprofits More Transparent?

Metrics 96
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How to effectively communicate impact to nonprofit stakeholders

ASU Lodestar Center

As nonprofits rely heavily on donors to provide their revenue, the question becomes, how do prospects determine an organization’s donation-worthiness? The problem with ratios. Charity watchdogs are a type of nonprofit that publicly share information about charities, including reviews and ratings. Illustration by Yuxin Qin.

Impact 52
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Supporting a Nonprofit Business Plan: A Leader’s Guide to Guiding Your Board

Neon CRM

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. Data segmentation is something you can do within your donor database. Use a survey to gather participant satisfaction ratings, typically on a scale (e.g.,

Guide 52
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Phonathons: The Fundraiser’s Ultimate Guide & 15+ Top Tips

Double the Donation

Prepare for donor questions. Here are the key components to any phonathon script: Introduction: Answer the most basic questions: Who are you? See how they respond when a donor has questions about the campaign, voices objections, or is looking to complete their transaction. Set nightly/weekly fundraising goals.

Guide 98
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[VIDEO] Raising More Money By Asking (And Answering) Better Questions

Bloomerang

The key to successful fundraising is asking smarter questions. We’re here to talk about “Raising More Money By Asking and Answering Better Questions.” There’s also a Q&A box specifically, your questions might be a little more visible there if you use that one. We’ll take questions at the end.

Money 108
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Finding a Nonprofit Partner: Who is the Right One?

BoardAssist

Questions to answer in an assessment include: What purpose does your nonprofit serve? The Foundation Directory Online, The National Center for Charitable Statistics and Guidestar are all useful databases for researching other nonprofits similar to yours. Objectivity is key. Why is your organization unique?

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Enhancing Your Major Gift Fundraising Strategy with Analytics

Connection Cafe

When embarking on a comprehensive analysis of your database, be sure to keep your goals and objectives first and foremost. Fundraisers should also analyze how much idealized potential exists for a proposed campaign by calculating the low, middle, and high end of capacity ranges, thus weighting “hit rates” or yield ratios.