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A crash course on trends analysis using Candid’s Foundation 1000 data set 

Candid

Why we use the Foundation 1000 sets for trends analysis As illustrated in the chart above, the Foundation 1000s’ grantmaking is much more stable over time compared to the broader grant data set. Finally, because the Foundation 1000 represents a much smaller subset of grant data, it is possible to review the data more thoroughly.

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How to Use a SWOT Analysis for Your Nonprofit

CauseVox

A SWOT analysis is a great tool to guide any team through this process. So be glad of your weaknesses now, they are the beginnings of your strength.” – Claire Weekes What is a SWOT Analysis and Why Do One? A SWOT analysis helps to identify opportunities for growth and impact, and anticipate and mitigate potential threats.

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How to Conduct a Nonprofit SWOT Analysis: A Complete Guide

DipJar

In this process, it can be particularly helpful to conduct a SWOT analysis. A SWOT analysis is a strategic planning technique that involves evaluating your organization’s strengths, weaknesses, opportunities, and threats. Marketing strategy Your marketing approach can also benefit from a strategic analysis.

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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. Historically, it costs $1.25

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6 Ways to Prepare Your Communications for Successful End-of-Year Fundraising

Nonprofit Tech for Good

This analysis can help guide you towards what best engages your target audiences. 2) Review Your Goals. Review your end-of-year fundraising goals, but think deeper. Review your target audiences , not just focusing on their habits, but what motivates them to engage with your organization in the first place.

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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Without that, the SOA can misrepresent the financial health of the organization and lead to future funding issues. Often, this leads to large audit adjustments, budget vs actual reporting difficulties, and other funding challenges. Broadly grouped expenses or revenues can obscure the allocation of funds across different programs.

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Lessons learned: Using demographic data to move from intention to action 

Candid

Since collecting and sharing demographic data is still new to many organizations, there can be concerns about the data jeopardizing a grantseeker’s chances to receive funding. In fact, they suggest the real-world importance of asking for this grantee information once a funding decision has already been made.