Management Features

Management Features (275)

Where do donations go? 71 percent of nonprofits struggle to measure outcomes

Nonprofit organizations are struggling to demonstrate the outcome of their work according to a new study conducted by Oracle NetSuite. The study, Connecting Dollars to Outcomes, which provides insights from more than 350 senior nonprofit executives in the U.S., found that while nonprofit executives believe that outcomes measurement supports their top three priorities for 2019 - financial stability, staff turnover and donor retention – only 29 percent of nonprofits are able to effectively measure the outcomes of dollars invested. 

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Think meeting aesthetics don’t matter? Think again

If you’re in the nonprofit world, you know how much relationships matter.. So why is it then, that we tend to deprioritize investing in technology that helps us connect, converse and grow these relationships? Like so many nonprofit organizations, United Way of the Boston area faces its fair share of challenges. We’re on a budget fueled by donors. We work across a geo-dispersed region and many of us drive a long way on our commute, or for meetings. We tend to prioritize spending our funds on supporting our mission of serving the community rather than giving our office a facelift.

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Nonprofits can do better if they address these 4 issues as they attempt to leverage big data

Many people believe that nonprofits are technologically outdated. However, as a group,  nonprofits are shedding this stereotype as they adopt and use modern technologies such as big data, currently one of the leading buzzwords in businesses. Despite some nonprofits using big data, they miss some critical steps that can add value for them. Here are 4 things to review in your nonprofit’s efforts to leverage big data.

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Board Management Software: Don’t Pay for What You Don’t Need

Savvy nonprofits and businesses are always looking for better tools to manage their board of directors. It’s an incredible time for productivity; there are digital solutions for almost every single need. However, there’s also a danger of overkill. An organization starts to patch together apps and software until suddenly the board is using 15 different programs and most likely paying for features and monthly services they don’t want or need. Let’s look at some guidelines to avoid digital bloat in the pursuit of board management.

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Why I Left a Successful Law Career to Work in Senior Living – and Never Looked Back

I often tell people I’ve never had a bad day at work. That’s how they know I’m not a lawyer. And yet, that’s exactly how I started my career. Looking back, I can recognize that while becoming a lawyer was a great start, for me, it was just that: a start.

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5 Challenges Faced by Nonprofits in 2019

Running a nonprofit organization can be extremely rewarding but can also be highly challenging. These issues are what many nonprofits go through today. Lack of adequate preparation for these issues may be catastrophic and can even lead to closure. From changes that take place in the environment such as changing regulations and tax code to increasing competition for both donors and volunteers, managing a nonprofit can prove hard for many. However, these challenges if managed and overcome can make a not-for-profit not only successful but also rewarding. Below are some of the challenges that you should know in your mission to achieve what you desire in operations:

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Why Personalization Leads to Higher Donor Revenue

Donating to a nonprofit is one of the most personal decisions we will ever make. The act of giving engages us in ways that nothing else can. Unfortunately, many nonprofits struggle to scale truly personal connections with their donors and create long-term loyalty.

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How-To Guide for Managing Your Nonprofit Board

The more engaged your board is, the more vital your nonprofit organization will be. It’s that simple, yet building a highly engaged board takes hard work and dedication. How do the best boards do it? Here is a four-part guide to managing your board of directors for maximum engagement.

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Small Nonprofits Stand to Benefit from Blockchain Too

Multinationals have been embracing blockchain for years. In the next five years, corporate blockchain investments will exceed $60 billion. Big nonprofits aren’t far behind. Blockchain has proven to be more secure than centralized ledgers. It’s immutable records ensure paper trails are always audit-ready. Smart contracts - the self-fulfilling agreements at the heart of blockchain - reinforce trust across an organization.

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Why Spend Visibility is Key for Non-Profit Businesses

It’s no secret that non-profits are typically operating on limited budgets since they frequently rely on donors to fund their various programs and services. In fact, 66.3 percent of non-profits have a budget of less than $1 million. For this reason alone, many non-profit businesses are cognizant of their spend and try to eliminate as many overhead costs as possible to ensure that a high percentage of donations are put toward core programs and high demand services. This is where effective spend management software comes into play.

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