NonProfit Hub

NOVEMBER 26, 2020

Your nonprofit’s donor retention rate is the percentage of donors who give from year to year, or over any other specific time period. With concrete retention strategies, you can make the most of increases in new donors. Here are the essentials to keep in mind when building or updating your nonprofit’s donor retention strategy.

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Association Analytics

MARCH 13, 2024

Are you taking advantage of this important information, or are you still creating events, products, and activities based on what’s always been done? This blog provides an overview of how to establish your scoring model, establish a team of data champions, and adopt a regular reporting routine so that your association is set up for success.

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Analytics Associations Model Metrics 169

Greater Giving

DECEMBER 12, 2022

But as we kick off 2023 and look back at what worked well in 2022, an excellent tool for evaluating donor retention is to look at the donors that gave last year but unfortunately not this year (LYBUNT) and work on engaging them with new opportunities to give. ” TIP: How do you Calculate Donor Retention Rate?

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Neon CRM

DECEMBER 6, 2023

That’s why it’s essential to have a donor retention plan in place. Having a donor retention strategy in place to retain year-end donors is the best way to get a good return on the investment you put into acquiring them. 114 ÷ 367) x 100 = 31, so they had a 31% donor retention rate. Let’s take a look.

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.orgSource

FEBRUARY 27, 2023

Back in 2017, McKenzie reported that: “By 2030, 75 million to 375 million workers (3 to 14 percent of the global workforce) will need to switch occupational categories. Retention rates are 34% higher among organizations that offer employee development opportunities. This should not be a top-down activity.

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sgEngage

MARCH 15, 2024

Some examples: Employee retention rate Absenteeism rate Employee satisfaction, quantified on a questionnaire or survey Free Guide Development Plan Toolkit Download Now Utilizing Effective Data Tools Many nonprofits started out as a grassroots group with a dream and some bootstraps. How do you present nonprofit outcomes?

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Nonprofit Tech for Good

APRIL 2, 2020

2) Conversion Rates. The mention of conversion rates often makes nonprofit pros cringe, because it sounds technical, like some jargon a marketer would use. By increasing your conversion rate to 1.5% Focusing on your conversion rate is one of the few things you can do that can truly multiply your results. 5) Retention.

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Bloomerang

AUGUST 21, 2023

This post describes actions you can take to implement the findings of Bloomerang’s 2023 Fundraising Planning and Climate Report. General guidance for fundraisers Here is general guidance on actions fundraisers can take based on fundraising trends and best practices drawn from the report.

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Bloomerang

NOVEMBER 29, 2022

Disclosure: Bloomerang is one of several software providers that helped the Fundraising Effectiveness Project collect the data analyzed in the report we discuss in this post. . You can download the report by visiting FEP’s website. In this post, you’ll learn more about two key insights from the report. By how much? By how much?

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Association Analytics

NOVEMBER 16, 2021

What’s the difference between analytics and reporting? First: Reporting vs. Analytics. Reports share information on what has already happened in your business in an organized, straightforward format. You need reports to help run your business. Some examples to consider: What are the main drivers of member retention?

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M+R

APRIL 27, 2023

Total online revenue for nonprofits decreased by 4% in 2022 , and nonprofits reported especially sharp drops in revenue on Giving Tuesday and December 31. We also compare retention rates and annual value for one-time and monthly donors. Also: we say goodbye to open rates! Email generated 14% of all online revenue.

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Bloomerang

JUNE 6, 2024

Celebrating contributions: How recognition fuels donor retention Recognition matters. This sense of empowerment is crucial—it transforms the act of giving from a passive donation to an active contribution to a cause they care about. Other studies show that personalized calls to action can improve conversion rates by more than 200%.

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Candid

JUNE 5, 2024

Start by examining previous training materials, reports, and presentations that align with your current learning objectives. For example, if you’re trying to onboard volunteers, you could create a YouTube series featuring short videos that follow a volunteer’s journey from application to active service. What’s resonating?

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Connection Cafe

NOVEMBER 19, 2018

According to the #GivingTuesday Insight Report , the month of November will witness a spike in charitable giving for many years to come. Assuring you have a successful retention rate starts with these four steps: Inform: Your community needs to know about your involvement. Practice active listening during in-person meetings.

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The Science Behind Engaging your Supporters

MAY 15, 2019

Every year, nonprofit consultants M+R release their annual Benchmarks report , which provides an overview of digital trends in the sector. This year's report addressed issues such as email list growth and churn, the rise of monthly giving, and the impact of social media's peer-to-peer fundraising for nonprofits.

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M+R

APRIL 16, 2024

And, finally, update your GA4 Explorations data retention settings from the default (2 months) to 14 months so this critical data isn’t being lost. UA used “cookie-based” tracking that allowed the platform to record web activity on the site during a user’s session on the site. Ok, back with us?

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Association Analytics

AUGUST 15, 2022

Are active online community users more apt to purchase a product? People often confuse reporting and analytics. Reporting is rear-facing, looking back on what happened: It’s about organizing information using past data. Reporting is rear-facing, looking back on what happened: It’s about organizing information using past data.

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Nimble AMS

APRIL 11, 2024

Additionally, members who leverage online community platforms report a stronger sense of community. With a poll or volunteer survey, you can gain statistically beneficial answers, while simultaneously empowering your members and boosting your volunteer retention efforts. How would you rate your current volunteer experience?

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Nonprofit Tech for Good

FEBRUARY 12, 2021

Access to real-time reports with donor and transaction information for your CRM, and forecasted donations for the month. The average RoundUp App user donates $15 – $20 a month and has an 80% retention rate. Access to an entire library of marketing templates, sample fundraising campaigns, and industry best practices.

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Bloomerang

AUGUST 30, 2021

Giving USA 2021 , produced by Giving USA Foundation and Indiana University Lilly Family School of Philanthropy , reports total giving grew 5.1% Here are a few 2021 key findings from the report to help us retain and upgrade nonprofit donors: . Per the FEP’s report, in 2020: The overall number of donors grew by 7.3%.

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Nonprofit Tech for Good

NOVEMBER 15, 2019

There is a higher website conversion rate and donors stay on the website longer because of more opportunities to engage with the software. Kindful places a heavy focus on data, giving the user access to donors’ giving history, wealth details, and rating for likelihood to give.

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Bloomerang

JUNE 5, 2024

Encourage active participation. Equip your board with the resources, information, and tools they need to fulfill their roles effectively—from detailed reports to training on the latest nonprofit governance trends. So, it’s essential that you understand and support the individual needs of your board members. Provide the right tools.

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sgEngage

JANUARY 17, 2023

Using the toolkit’s free Reflection worksheet, gather data on your current revenue streams, audience, donor retention rates, and more. retain 75% of previous year’s donors; or activity-based—e.g., Step 2: Identify specific, realistic goals. Goals may be dollar-based—e.g., raise $100,000 via major gifts; volume-based—e.g.,

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Neon CRM

MAY 17, 2024

Calling to thank donors for their support after they give a gift can strengthen their bond with your nonprofit, leading to higher donor retention and engagement rates. The 2020 Global Trends in Giving Report , too, found that donors’ decision to make a second gift may be influenced by a personal phone call. Not necessarily!

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Candid

NOVEMBER 14, 2023

But unfortunately, the average donor retention rate in 2022 was 42.6%, making it the lowest rate on record. Plan your post-Giving Season retention activities as part of your campaign—not an afterthought. In fact, recent research shows that a quarter of annual nonprofit revenue is raised in the month of December.

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Bloomerang

JUNE 3, 2024

Small nonprofits face even more challenges when it comes to securing funding in comparison to larger organizations—from low donor retention rates to limited resources to an overall lack of unrestricted funding. Report results. Without it, your nonprofit can’t operate and do the important work that fuels your cause.

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The Modern Nonprofit

MARCH 26, 2024

Tracking open and click-through rates for each segment provides data to refine messaging. Ongoing reporting about distributions, aid delivered, and people helped provides accountability and the incentive for donors to continue their support. This emergency response communication sets the foundation for building lasting relationships.

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Get Fully Funded

JANUARY 24, 2024

Simplified reporting: Most email automation tools include built-in reporting capabilities that allow you to easily generate reports on key metrics, such as email open rates, click-through rates, and overall campaign performance. Then, sit back and let your automatic emails do the work.

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Nimble AMS

JULY 11, 2022

47% of members report joining an association for certifications or credentials and 45% say they chose an organization for job opportunities. . Every month, pull a list of active job seekers and send them an email with tips and best practices for career advancement. Activate your online community. Keep in touch.

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Integration Experiment Software Associations 107

The NonProfit Times

APRIL 18, 2024

Dill acknowledged that the association had many of its highest rankings in recent years in that 2021 report. Student loans were paused in mid-March 2020, right around the time employers were offered Employee Retention Credits by the Internal Revenue Service. The federal Paycheck Protection Program (PPP) launched in April 2020.

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Association Analytics

FEBRUARY 20, 2024

Not surprisingly, a 2020 report from Wild Apricot showed that 68% of organizations have difficulty growing membership. Step 1: Build the top of your funnel SImply put, building the top of the funnel means participating in activities designed to create awareness about your association. It’s no secret that growing membership is hard.

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Create Strategy Associations Registration 169

Neon CRM

JUNE 23, 2023

Check out these GivingTuesday statistics sourced from the GivingTuesday 2022 impact report and broader impact data to learn more about the influence GivingTuesday has on the philanthropic sector. GivingTuesday is a one-day event where donors are actively seeking ways to support the organization and causes they love. billion in 2022.

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Nimble AMS

MAY 25, 2022

An AMS is an invaluable tool to optimize your operations and boost member recruitment and retention. . Nimble AMS delivers a highly personalized member experience with the power of AI and predictive analytics, configurable reports and dashboards, and easy integration with career center resources and learning management software (LMS).

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sgEngage

JANUARY 17, 2023

Using the toolkit’s free Reflection worksheet, gather data on your current revenue streams, audience, donor retention rates, and more. retain 75% of previous year’s donors; or activity-based—e.g., Step 2: Identify specific, realistic goals. Goals may be dollar-based—e.g., raise $100,000 via major gifts; volume-based—e.g.,

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sgEngage

JULY 15, 2023

Donor management centers around proactively fostering relationships with donors and leveraging donor data to cultivate donor interest, maximize retention, and utilize donor resources effectively. Donors should feel like active members of the organization to see the direct result of their impact and have an open forum to communicate feedback.

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Neon CRM

AUGUST 24, 2023

This is where the increasing amount of nonprofit sector research reports can help. This article will dissect the different types of nonprofit sector reports you may come across in your own research. No matter what type of report you may end up utilizing for your own work, it is important to ask a few assessment questions.

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Nonprofit Tech for Good

APRIL 23, 2019

Nonprofits use CRMs to manage their donor relationships, to segment supporters by interest areas, streamline donor communication, automate fundraising, and report on outcomes to the board, donors, and community. Does the platform provide powerful tools for data analysis, insight and built-in reporting for nonprofit metrics?

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