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[ASK AN EXPERT] How Do You Calculate Your Nonprofit’s Average Dollar Retention Rate?

Bloomerang

Today’s question comes from a nonprofit employee who wants advice on how to calculate an accurate nonprofit dollar retention rate. Does that 47% refer to how much money retained donors raised as a percentage of total revenue raised? . What to measure. — Stats Nerd.

Retention 101
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Measuring Your Nonprofit’s Success with Business Intelligence 

Qgiv

At least one of the criteria for measuring a successful year is related to your financials. How much did you raise? Did you raise more than last year? Did you raise more than you spent? And if you’re raising money from grants, that’s a whole other story. They raise more money. Go on, guess.

Measure 52
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Is Your Nonprofit Half Way to Your 2020 Fundraising Goal$?

Nonprofit Tech for Good

By Christy Smaglio , Instructional Writer at Donor Perfect – a top-rated donor management system and fundraising platform for nonprofits. Raising funds for your cause takes constant dedication and focus, and nothing helps you gain focus better than setting a game plan. Let’s check out what to consider when measuring your results.

Goal 303
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How To Evaluate Your Event’s Success And Measure Your Nonprofit’s ROI

Kindful

A typical event costs 50 cents for each dollar raised! To make matters worse, event donors have some of the highest lapse rates. . And if you don’t measure your ROI, you’ll never know if you’re actually making money or if you’d be better off focusing on more lucrative and less time-consuming strategies. .

ROI 62
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Let Data Drive Your Decisions

Bloomerang

Will you bring in enough money to survive during these uncertain times? Some organizations utilize Key Performance Indicators (KPIs) to measure their goals. Donorbox defines KPIs as “a measurable value that demonstrates how effectively a nonprofit (or another type of organization) is achieving its key organizational objectives.”

Data 106
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What Are Key Event Metrics and Why Do They Matter?

Greater Giving

Key performance indicators (KPIs) are measures of how much money your fundraising events are raising, how your audience is growing, and which parts of your event are the most successful. One key piece of information about any fundraising event is how much money was put in, and how much money it raised in return.

Metrics 98
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Enhancing Digital Storytelling

Bloomerang

Moreover, the integration of storytelling and technology is transforming how nonprofits raise money, reshaping the way people engage with stories and make donations because of those stories. In the world of digital reporting, this dramatic shift is enhancing the user experience on both sides.