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

Candid

One of the most common reasons people analyze Candid’s grant data is to understand year-over-year giving trends in the sector. So, you may be surprised to learn that when we do trends analyses at Candid, we often don’t start with our full data set. Instead, we rely on a data set called the Foundation 1000. What is the Foundation 1000?

Analysis 116
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Raise the Board’s Financial IQ

.orgSource

Allow plenty of time on the agenda for the financial staff to explain when and how statements will be available, review banking, investment, and auditing arrangements, and answer questions. Invite the auditor to present to the group as preparation for the audit review. Offering online dashboards that make financial trends easy to spot.

Raise 419
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Statement of Activities: Common Mistakes and How to Avoid Them

sgEngage

Ensuring compliance and accuracy in your financial reporting involves several key actions: Regularly review the latest guidelines and summaries provided by authoritative bodies on revenue recognition of grants and contracts. It automates and facilitates these comparisons, allowing for more efficient monitoring and decision-making.

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Is Your Nonprofit Half Way to Your 2020 Fundraising Goal$?

Nonprofit Tech for Good

While you’re looking at incoming revenue and comparing it to the prior year, take some time to review your expenses as well. Note: While you’re reviewing incoming revenue, if you don’t already, take a look at in-kind donations as well! 3) Past Trends. Whatever the case may be, don’t forget to monitor your expenditures.

Goal 300
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Actionable Insights Hidden In Your Acquisition Results

Kindful

At the conclusion of every acquisition campaign , you should do a thorough review of the campaign’s results. When done correctly, this review will generate action items for your team. . This is especially true if you aren’t sure which numbers or metrics you should review. Review your subject lines, teasers, and asks.

Results 62
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Alt-labor: What are workers’ rights nonprofits?  

Candid

This isn’t surprising when you consider the recent historical trends in funding for these organizations, which have increased continuously—with a notable dip in 2013 and a peak of $49 million in 2017. We then reviewed the largest 1,000 organizations by revenue size and verified them for accuracy for this analysis. million to $35.6

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Stay Sharp: Keeping Your Small Business Fresh in a Digital Landscape

Byte Technology

Today, customers expect more than a simple storefront and a few Yelp reviews. It could be as easy as hover magnification over your product images to offering comparison shopping on similar products. So how should small business owners approach the constantly changing world of digitization? What are some ways to accomplish this?

Business 100