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How to Demonstrate ROI to Your Nonprofit Board Members

Nonprofit Tech for Good

If your nonprofit doesn’t do this kind of record-keeping and analysis, the good news is that it is never too late to start! . Any number of excellent software solutions and nonprofit tools exist to help with this kind of analysis. The intention of this metric is to identify inefficiencies and wasteful spending.

ROI 342
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Using Metrics To Harvest Insights About Your Social Media Strategy

Beth's Blog: How Nonprofits Can Use Social Media

You need to pick the right hard data points (fancy way of saying metrics) that will help you harvest insights to improve your social media strategy. For blogging, you have to use a couple of different tools to get the different metrics you need. Jay Dedman pointed to an analysis Feedburner by Chris Baskind. Photo by Dwinton.

Metrics 81
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Sales Operations Demystified: What It Is, Why It Matters, and How To Do It Right

Wild Apricot

Sales Ops Metrics & KPIs. As the volume of business information exploded, sales ops has evolved into a more powerful data analysis and reporting unit that can provide critical insight on the following areas: Sales Process Optimization. Performance Metrics Analyses. Selection of Key Sales Metrics to Adopt.

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Benchmarking: Networked Nonprofits Measure Their Social Media Results In A Context

Beth's Blog: How Nonprofits Can Use Social Media

.&# Devon Smith, who writes the 24 Usable Hours blog, and a self-described “data nerd&# did a benchmarking analysis for participants. Benchmarking, whether an informal or extensive research study, can be an incredibly valuable exercise because the numerical analysis can help you craft realistic measurable objectives.

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Best Practices for Nonprofit Financial Health, Part One: Top 3 Measures of Financial Health

BoardAssist

A lot of our inquiry is based more on trend analysis than ratio analysis. Having said that, there are two ratios that I believe are very important for nonprofit leaders to track – and both have to do with liquidity. The first is the months of cash ratio. Steps to Calculate Months of Cash Ratio.

Measure 40
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7 Practical Tips for Engagement with a Higher Purpose On Social

Beth's Blog: How Nonprofits Can Use Social Media

For example, use Twitter lists to track alums and subscribe to their Facebook updates. This has an added benefit of increasing your “people talking about” metric which gets the content into more newsfeeds. Guy notes that the ideal ratio of peoples’ comments to your responses is one-to-one. pic.twitter.com/PXdIUl0IIQ.

Practice 107
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Reflections and Follow Up Questions from Techsoup/NTEN Share Your Story: Social Media ROI Webinar

Beth's Blog: How Nonprofits Can Use Social Media

As you can see the words paint a picture of a traditional ROI analysis, with the emphasis on quantitative, measurable results. What's common to both is the use of metrics to measure results. I said, somewhat jokingly, that you shouldn't be spending more time doing the ROI analysis than the actual project. I've done this.

ROI 50