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Raise the Board’s Financial IQ

.orgSource

Financial literacy workshops. Distribute a survey to identify where there is room for improvement. Tell your financial story. Don’t limit the possibilities to understanding monthly statements. Be creative and include a variety of options, such as: Providing financial education promotes a culture of learning.

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How to Maintain Relevance and Revenue in Today’s Economy

Association Analytics

Read more about their story. You can do this by sending them surveys or asking at your events. Some survey takers might respond with what they think they should say instead of what they really believe or what actions they normally take. That’s why it’s also important to view behavioral data alongside survey data.

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Building A Nonprofit Board That Understands Financial Stewardship

Kindful

But some general knowledge about financial literacy will bode well. Take advantage of National Literacy Month. Simply getting new members to understand how to read a finance statement is another first step to financial literacy for board members. Funders will review your organization’s Form 990 to learn about your story.

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Understanding Impact Metrics for Your Nonprofit: A Guide

DipJar

Impact metrics play a crucial role in defining your nonprofit’s impact story and demonstrating your value to your donors, funders, volunteers, board members, and other key stakeholders. For example, an output metric for a literacy program might be the number of books read by program participants. Why Are Impact Metrics Important?

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Data Digest: Open Data for Africa Platform, Silent Data Revolution in MENA and Data Strategies

Tech Soup

The Open Aid Partnership , held Open Nepal Week’s Data Literacy Bootcamp, which gathered over 80 Nepali journalists, developers, coders, and civil society representatives to find, extract, and analyze and visualize public data. Some examples of NGOs using data visualization to tell important stories are also given.

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Microsoft's YouthSpark Initiative Seeks to Close the Opportunity Divide

Tech Soup

TechSoup for Libraries surveyed and interviewed organizations that received Broadband Technology Opportunities Program (BTOP) funding. The project unearthed some amazing stories, including this one about a library in Colorado that provides individualized librarian attention to job seekers. Share your story with us in the comments.

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Using a Matrix Map to View Impact and Profitability

NonProfit Hub

According to the recent Nonprofit Finance Fund State of the Sector survey, “Forty-two percent of organizations reported that they do not currently have the right mix of financial resources to thrive over the next three years.”. Check out a sample of the matrix map. Zimmerman’s Favorite Example of the Matrix Map in Action.

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