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Measurement

The Financial Statements of Nonprofits

A better way to compare the stability and success of nonprofit organizations.

  I spent some time last week reviewing Common Size Financial Statements.  Investopedia defines these statements as “A company financial statement that displays all items as percentages of a common base figure. This type of financial statement allows for easy analysis between companies or between time periods of a company”.  Therefore, by using common size financials, one great benefit is that a person can review a company’s financial status in comparison with another company even if those companies are not comparable in other ways. Read More

The Benefit of Clearly Defining your Business Lines In a Nonprofit Organization

A Tool for Nonprofit Sustainability

How clearly do you define your organization’s business lines?  What are business lines?  Read More

A Few Great Stories Do Not Necessarily Make For a Great Charitable Program

The Importance of Stories and Statistics of Charitable Programs

Great stories are important as examples of the wonderful work of nonprofit organizations and charitable programs. Being a great story-teller is helpful. Success stories can help connect people to your cause and hopefully entice people to donate to your organization. But the stories need to be representative of the bigger picture.  Read More