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4 Financial Metrics to Increase Transparency for Your Nonprofit

sgEngage

Every day, you and your donors are inundated with thousands of pieces of news and bits of information. You want your donors to trust your work, your impact, your stewardship of resources, and your connection to the community, and stand out in a sea of information. Here are the metrics: Program ratio = program expenses / total expenses.

Metrics 102
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Matching Donations: A Nonprofit’s Guide to Doubling Impact

DipJar

These programs make the original donation go twice as far, so you should encourage your donors to look into their companies’ guidelines. Locating match-eligible donors is a fantastic way to diversify your revenue streams and maximize the donations you’re already receiving. Let’s dive in! What Is Donation Matching?

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How can nonprofits acquire skilled talent to better achieve their mission?

ASU Lodestar Center

If a nonprofit wants to achieve the full scope of capability, then they must have the skilled talent that can reach it by providing a fair and competitive compensation in an already stressed environment. Organizations that provide a suitable work environment typically attract better candidates. Human resource investment.

Skills 52
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Supporting a Nonprofit Business Plan: A Leader’s Guide to Guiding Your Board

Neon CRM

The American Red Cross prevents and alleviates human suffering in the face of emergencies by mobilizing the power of volunteers and the generosity of donors.​ For example, say a board member believes that you should increase your donor base by 20% over the next year. Let’s look at the Red Cross mission statement as an example.

Guide 52
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The Nonprofit Administration Dilemma: How Much Should You Spend on Fundraising?

Get Fully Funded

Obviously, donors want as much of their donation as possible to go to your programs, to help change lives. On the other end of the spectrum, if you’re spending more than 25% of your total income on fundraising and administration, your donors may be turned off and stop giving, which means your programs may suffer. And fundraising.

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What is Corporate Giving? The Ultimate Guide to Earning More

Nonprofits Source

From brainstorming new fundraising ideas to reaching out to prospective donors, nonprofits use much of their team members’ time to figure out how to raise more money. The concept of a matching gift is simple: An employee contributes to their nonprofit of choice, and their employer matches their donation at a predetermined ratio.

Guide 52
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AlumnIQ and Double the Donation Launch Advanced Matching Gift Integration

Double the Donation

Then, universities can begin identifying match-eligible donors during the donation process, taking the guesswork out of matching gift campaigns. 360MatchPro then automates matching gift messaging post-transaction, guiding donors directly to their specific matching gift submission form.