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Digging Into Data: 7 Key Metrics to Track + Common Data Questions

Allegiance Group

To truly understand the health of your organization, there are seven key metrics you should track in your database: Year-on-year revenue Donor file growth Donor retention Gifts per donor Average gift Revenue per donor Cost to acquire Data can be overwhelming. Let’s look at some common questions we often get regarding data.

Metrics 52
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Membership Retention Rate: How Associations Can Retain More Members

Neon CRM

Membership retention rates for nonprofits vary widely. If you want to improve your membership retention rates, you need to nurture and build your member relationships consistently. What’s Affecting Your Membership Retention Rate? Your membership retention rate is the percentage of people who renew their memberships each year.

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4 Reasons to Invest in Nonprofit Database Software

DNL OmniMedia

Juggling all of these tasks is where nonprofit database software comes in. Nonprofit database software solutions serve as your nonprofit’s hub of information and documentation, allowing your nonprofit to make data-driven decisions to improve operations while staying organized. . It can help make data-driven decisions.

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3 Proven Ways to Find and Convert New Donors

sgEngage

And with donor retention rates on the decline, new donor acquisition is a constant topic of conversation. Whether you’re personally into them or not, social media platforms offer opportunities for connection that go far beyond your database contact list. What’s a fundraiser to do when you feel like you’re all out of ideas?

Donor 87
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5 Text Best Practices to Boost Your Fundraising Success

Get Fully Funded

Segment your list of contacts. Once you have a supporter’s contact information and permission to text them, you can use texts as a critical touchpoint for building relationships that lead to more donations and increased involvement. Segment your list of contacts. Write tailored messages for every occasion.

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[ASK AN EXPERT] Do All Donors Need A Thank You Within 48 Hours?

Bloomerang

Our Ask An Expert series features real questions answered by Claire Axelrad, J.D., Here are questions you can ask yourself and your team to go through a similar exercise. Not having clarity on the answers to these questions can easily tack on several days to a week to your thank you letter’s journey. Where do checks go first?

Donor 92
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Donor Management Software: Buyer’s Guide + 16 Top Solutions

Bloomerang

Nonprofits use donor management software or a donor database to organize their donor data and ensure its accuracy. You may have heard this software referred to by a few different names, including donor management software, nonprofit CRM , donor database, donor software, and donor tracking software. Constituent timeline.

Software 103