Nonprofit Tech for Good

MAY 19, 2022

The effective accounting, donor management, and data analysis of donor activity has become essential as nonprofits have embraced online fundraising, virtual events, and fundraising on social media in recent years. Improve donor relationships which leads to better retention and higher donations. <<

Adopt 216

Adopt System Free FAQ 216

3rd Sector Labs

JUNE 17, 2014

Third Sector Labs recently co-hosted a donor retention webinar with Caity Craver , CEO of DonorTrends. The topic – “Donor Retention by the Numbers: Demystifying the Leaky Bucket” – focused on how to properly measure donor retention and then use that data to drive improved fundraising results.

Retention 148

Retention Donor Data Advice 148

Candid

MAY 14, 2021

percent) donors, donor retention rates declined across all donor categories, with only the largest nonprofits ($5 million to $25 million) seeing an increase. The study also found unprecedented levels of donor mobility in 2020, with the number of new and recaptured donors up 8.2 percent and 8.4 percent and 14.9 percent) and supersize (5.3

Retention 69

Retention Studies Fundraising PDF 69

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. That’s where technology can make a real impact.

Measure 90

Measure Help Analysis Metrics 90

Nimble AMS

DECEMBER 27, 2022

The analysis gives insight into your operations, helping you determine if your organization is on the right track or moving in the wrong direction. Each successive type of analysis requires more complex tools than the former , with prescriptive analytics only available to those with access to an experienced data scientist. .

Analytics 135

Analytics Associations Business Software 135

Nimble AMS

JULY 18, 2023

With growing concerns over data privacy , there is an increasing focus on personalization techniques that respect user privacy and comply with data protection regulations, such as anonymized data analysis and user-controlled personalization settings. Personalization for member retention and loyalty.

Associations 131

Associations Personal Trend Experiment 131

Association Analytics

JUNE 17, 2021

In our previous blog posts on retention and product value , we illustrated how data isn’t one dimensional. Situation : We’ve looked at the trend analysis and it indicates that we are not projecting to make our registration goal. Similarly, analyzing your event data from many angles can lead to a major impact on revenue.

Associations 318

Associations Data Registration Analytics 318

Nonprofit Tech for Good

APRIL 2, 2023

4) Stewarding and Engaging Donors One of the best things about ChatGPT is its ability to assist with donor stewardship, which is critical to boost donor retention. 4) Text and Sentiment Analysis Text and sentiment analysis is the process of identifying and analyzing information from text.

Tools 361

Tools Fundraising Analytics Analysis 361

sgEngage

OCTOBER 18, 2022

It’s fundamental that donor retention remains one of the most critical factors in the long-term success and resilience of organizations. Failure to address retention is a waste of an organization’s acquisition investment and nothing short of dereliction when it comes to the long-term financial health of their organizations.

Time 75

Time Build Retention Blackbaud 75

M+R

APRIL 27, 2023

We also compare retention rates and annual value for one-time and monthly donors. yes) The full feast of data and analysis is waiting for you at mrbenchmarks.com. But the results for nonprofits in the Disaster/International Aid space looked very different. Is it time to start learning some new dance moves?

Benchmark 98

Benchmark Studies Social Media Chart 98

Association Analytics

SEPTEMBER 13, 2023

Example: Through a learner sentiment analysis, one association discovered that one of their courses consistently received low ratings due to challenging content delivery. This data-driven approach ensures that learners receive the best possible educational experience, with high-quality instructors driving engagement and knowledge retention.

Analytics 169

Analytics Education Program Impact 169

Candid

AUGUST 18, 2021

Artificial intelligence works through machine learning, which involves the discovery and analysis of deep patterns in datasets. These algorithms are continually refined over time as more data is generated for analysis. Data analysis for planning campaigns is the perfect example. How Nonprofits Use AI.

Course 130

Course Fundraising Analysis Mail 130

Bloomerang

MARCH 4, 2024

Implement donor retention strategies: Uncover insights on retention rates to strengthen donor loyalty and reduce donor attrition. Key reporting features The most impactful reports encompass a variety of aspects, from donation trends to donor retention.

Report 60

Report Effective Fundraising Template 60

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. Many participating organizations also were limited to pulling only the last 2 months worth of GA4 data due to the change in default GA4 data retention settings. Give it a read here !

Benchmark 40

Benchmark Analytics Google Comparison 40

Classy

JUNE 30, 2021

From stats on conversion and acquisition to retention and supporter experience, check out the infographic below to get a peek at the data from the 2021 report. Download the full report for a more detailed analysis and findings. . Download Now: The State of Modern Philanthropy 2021. Insights for Future-Proof Fundraising Success.

Fundraising 98

Fundraising Benchmark Stats Metrics 98

Association Analytics

AUGUST 15, 2022

Look at retention rates by member type and correlated behavior to identify what members are more likely to renew. Sentiment Analysis. Correlation of behaviors. Start to build Predictive Models. Drive what might happen next based on characteristics and previous behavior to calculate the likelihood of a particular action happening.

Analytics 169

Analytics Associations Demographics Picture 169

3rd Sector Labs

OCTOBER 2, 2014

It is time for data mining, data analysis, data science. Our donor retention CRM expert friends at Bloomerang would point out the importance of building a fundraising plan around donor retention, a plan that includes CRM technology designed for this purpose. The same advice applies to any charity in a similar situation.

Challenge 183

Challenge Data Analysis Charity 183

NetWits

MAY 31, 2011

This report continues to be the most significant analysis of online/offline giving trends based on actual data from nonprofits. The 2011 donorCentrics Internet and Multichannel Giving Benchmarking Report provides analysis of 28 major nonprofit organizations and transactions for over 15 million donors and more than $1 billion in revenue.

Benchmark 144

Benchmark Internet Report Giving 144

Allegiance Group

APRIL 15, 2024

It starts with a detailed analysis of your donor base, including average gift size, retention rates, and cost per acquired donor. What is the difference between donor acquisition and retention? Donor retention is how many donors continue to support your organization year over year.

Fund 52

Fund Donor Strategy Search 52

Nimble AMS

MAY 10, 2022

When you develop quality content, you become a spokesperson for your association members, engaging them through relevant research, opinion articles, case studies, and industry analysis. As a result of your thought leadership efforts, you’ll see an increase in member engagement and retention.

Associations 181

Associations Leadership Content Benefit 181

.orgSource

MARCH 6, 2023

But there was agreement that membership retention and loyalty problems might be symptomatic of declining confidence. Stay tuned for Sharon’s analysis of the dialogue. Until then, these are some of my impressions based on the three conversations I was part of. Trust was not a concern for most participants in the past.

Associations 221

Associations Leadership Question Wisconsin 221

Candid

FEBRUARY 21, 2024

A recent Harvard Business School study compared two groups of consultants—one using AI tools and the other not—performing the same workplace tasks such as writing, analysis, and strategy. Researchers have measured the time savings created by generative AI.

Adopt 98

Adopt Strategy Skills Job 98

Association Analytics

SEPTEMBER 22, 2021

In case you aren’t familiar with a member engagement score, here’s a quick overview: it’s an analysis to assess member and customer behavior over a certain period of time (we recommend 3 years). Because engagement is critical to retaining members, many associations are using a member engagement score to track and build loyalty.

Aggregator 169

Aggregator Associations Activities Active 169

Qgiv

FEBRUARY 20, 2024

Data analysis AI is a great tool for enhancing your data analysis across your organization. This analysis can be used to discover valuable insights and make informed decisions about your fundraising strategy. To better plan your fundraising campaigns, AI can help you determine the best times to target appeal to donors.

Fundraising 97

Fundraising Nonprofit Analysis Donor 97

Allegiance Group

FEBRUARY 27, 2024

Data Retention: Where GA3 would retain your data for 10 or more years, GA4 has a 14-month retention window — but only on certain types of data. With the insights that you gain from data analysis, you can then iterate on your campaign strategy and improve it for the next month, quarter, or year.

Analytics 52

Analytics Google Fundraising Track 52

Qgiv

DECEMBER 7, 2022

Increase Donor Retention: Creating an intentional, documented plan outlines next steps to be taken with a donor. Creating consistent outreach and movement through the donor life cycle (identification, qualification, cultivation, solicitation, and stewardship) promotes donor retention. Step 7: Track and Review Your Metrics.

Database 52

Database Track Donor Management 52

sgEngage

MAY 31, 2023

Optimize Participant Retention The Multiple Myeloma Research Foundation is the only research foundation dedicated to finding a cure for this rare form of blood cancer. Explore identity and feelings : Use proposition testing; A/B test Facebook ads; conduct sentiment analysis.

Donor 74

Donor Registration Map United Kingdom 74

3rd Sector Labs

SEPTEMBER 4, 2014

5 – Donor retention. Improving your donor retention metrics even a few percentage points can make a world of difference in your long term fundraising success … and stability. We co-hosted a webinar on donor retention with DonorTrends , and followed up with a Q&A blog post. Here’s some help with the math.

Data 184

Data Time Fundraising Retention 184

Nimble AMS

FEBRUARY 12, 2020

Our Member Lapse Prediction solution can help reduce staff time by using the power of artificial intelligence to identify and highlight high risk members and avoid costly, time-intensive analysis.? Because staff will spend less time researching member retention problems, they’ll be able to focus on actions to increase retention.?.

Badge 78

Badge Retention Associations Registration 78

Greater Giving

SEPTEMBER 12, 2023

Predictive analysis, chatbots , and automation have the power to increase fundraising capacity. Plus, according to NXUnite , offering ongoing training and professional development opportunities is an important employee retention strategy. Encourage experimentation.

Team 98

Team Tips Fundraising Training 98

Tech Soup

DECEMBER 23, 2013

easily provide this analysis without any extra burden on the people. More than one-third of those who volunteer one year do not donate their time the next year at any nonprofit (CNCS Analysis of Volunteer Supplement. volunteer management program or membership software must be able to. already responsible for coordinating volunteers.

Volunteer 40

Volunteer Retention Analysis Measure 40

Bloomerang

AUGUST 16, 2021

One of the biggest problems nonprofits face is improving their low donor retention rate. If you have no idea what a good or poor donor retention rate is, it’s difficult to measure your own performance. For example, retention rates tend to be higher for mid-level and major donors. In this post, I’ll explore the fifth strategy. .

Analytics 122

Analytics Strategy Fundraising Benchmark 122

Nimble AMS

NOVEMBER 12, 2019

Now’s the perfect time to rejuvenate the activities that drive recruitment, engagement, and retention. One section of the study pulls together multiple data points for a gap analysis around member benefits. The analysis shows organizations are doing well in several areas that are important to members.

Life 60

Life Retention Studies Benefit 60

Qgiv

OCTOBER 21, 2021

The research firm’s analysis across thousands of nonprofit organizations revealed that an average upgrade capacity of $52 was possible for annual donors and a potential lift of $1,197 existed for major donors, simply due to under-asking. Through the power of data, your nonprofit can increase retention of donors and diversify the donor pool.

Data 69

Data Metrics Nonprofit Analysis 69

Pamela Grow

OCTOBER 30, 2023

Before you begin any project involving data analysis, start by clearly outlining your goal so you know which metrics to analyze. In this guide, we’ll explore how you can to leverage this data and grow your monthly giving program: Determine your objectives. Understand donors’ giving behaviors. Monitor data and adjust your appeals.

Analytics 52

Analytics Data Giving Metrics 52

Nonprofit Tech for Good

APRIL 23, 2019

Does the platform provide powerful tools for data analysis, insight and built-in reporting for nonprofit metrics? Do you have a pre-built fundraising outcomes dashboard that reports on key metrics such as donor acquisition cost, average size gift increase, # of major gifts secured, donor retention rate increase?

Metrics 262

Metrics Nonprofit Profile Platform 262

Top Nonprofits

JANUARY 5, 2022

A good fundraising plan should start with an analysis of development activities, either a formal audit or an informal survey of the current state of your program. When faced with continuing uncertainty, your fundraising plan needs to incorporate strategies for retention and stewardship of your existing donors.

Gift 103

Gift Pledge Disaster Strategy 103