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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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4 Financial Metrics to Increase Transparency for Your Nonprofit

sgEngage

And nonprofits that just upgraded their Guidestar rating one unit by being just a little bit more transparent still raised 26% more the following year. But only 16% of nonprofits in the Guidestar database of 14,000 organizations actually take the time to actively be more transparent. Why Aren’t Nonprofits More Transparent?

Metrics 104
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Let Data Drive Your Decisions

Bloomerang

One question you can ask is: “ What impact do you want your organization to make ?” Consider additional questions such as “What programs and services are most effective?” Answering such questions will help leverage your staff, time, and resources. Think about what metrics you will use.

Data 106
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Donor Database Management: A Quick Guide to Prospect Setup and Tracking

Qgiv

However, many organizations fail to properly track gift officer portfolios, gift officer actions and donor pipeline management within their donor database management. Donor Database Management Essentials. Donor Database Management Essentials. are clearly documented within the database. Step 3: Prepare Your Database.

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How to Prepare Donor Data Reports for Your Board Members

Bloomerang

Great question! However, most board members aren’t familiar with various fundraising metrics and won’t be able to draw effective conclusions when they’re presented with data without an explanation of what the data shows. . The last thing you want to do is waste their time and bog their donor reports down with unnecessary metrics. .

Report 125
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5 Text Best Practices to Boost Your Fundraising Success

Get Fully Funded

Keep an eye on your metrics. For example, adding a Salesforce SMS app to your nonprofit’s Salesforce database allows you to quickly create segments based on your existing donor data. Supporters can get more information quickly by asking any questions they have about a message. Keep an eye on your metrics.

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How to Make Analytics a Priority – Finally!

Association Analytics

Ask your colleagues questions. Use softer, more open-ended questions to get detailed information that you will capture in writing for your plan. What questions do you want answers to from data? Process – If you have a question, what is the process to get your answers? Be sure to ask stakeholders in different departments.

Analytics 169