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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

How to Avoid: To avoid this mistake, organizations must develop robust systems for tracking and reporting on restricted versus unrestricted funds. How to Avoid: Organizations should consider adopting the Unified Chart of Accounts for Nonprofits (UCOA). Financial statements must reflect the true nature of resources available.

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Pop the champagne: This year Candid’s grants data set turns 21!

Candid

Much like a developing human, our data collections have gotten bigger over time (see chart below), undergone developmental changes, and experienced the associated growing pains. 2013-2014 – Tweens A decade in, the importance of consistent year-over-year comparisons grew. And this year, it enters full-fledged adulthood!

Grant 98
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How to Set Up Your Nonprofit Accounting System RIGHT So it Helps You Grow

Get Fully Funded

The sole purpose of a Donor Management system is to track donors, track your communication with donors, and track donation information. Accounting on the other hand, tracks how those donation dollars are allocated and spent. How in the world are you ever going to keep track of all this? Here in the U.S.,

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How to Prepare Donor Data Reports for Your Board Members

Bloomerang

Doing so can be as simple as sharing a chart with these metrics from the past year: Total dollars raised: overall dollars acquired through fundraising initiatives. This will provide a frame of reference for this year’s performance in comparison to the previous year, allowing your board to pinpoint key areas they should focus on going forward.

Report 121
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4 Performance Measurement Mistakes You Don't Want to Make

Tech Soup

Every additional measure you track uses up precious staff time for collection, aggregation, and analysis. In some cases, tracking too many measures is as almost as bad as not tracking at all. One client we served had a list of more than eight measures it was trying to track. Little or nothing happened as a result.

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Predictive Modeling for Future Peer to Peer Fundraising Events

Connection Cafe

For traditional events like walks, event participation and total funds raised follow an exponential growth curve when tracked over time. Total expected fundraising = today’s fundraising / % from chart based on # of days out. Today there are 2,000 people registered and $100,000 in fundraising in the bank.

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Overcoming Declining Nonprofit Website Traffic

Connection Cafe

Assuming you’re using Google Analytics*, here are 4 steps you can take: Year-Over-Year Comparison. Setup Google Analytics to do a year-over-year comparison. But know seasonal events/activities could affect that comparison. You’ll also get a year-over-year comparison of traffic spikes. Examine Visits. Email Traffic.