Financial Metrics That Mean to Nonprofits
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Transcript of Financial Metrics That Mean to Nonprofits
Outcome MeasuresMETRICS THAT MATTER FOR NONPROFITS
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Topics
• Outcome measures– What are they?– Why do I need them? – Who’s keeping track?
• Performance vs. outcomes
• Getting started
• Technology that helps
• Summary and resources
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Outcome Measures: What Are They?
• Powerful, essential tools for demonstrating accountability and transparency– Activity– Capacity– Success or impact
• Process to define appropriate outcome indicators– Establish data collection methods– Analyze data– Report results
• Balance for organization health and sustainability– Measure across multiple areas– Balance program and activities with capacity and sustainability
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• Memberships• Public funding• Growth in FR• Market share
• Projects launched• Sites protected
McKinsey Quarterly
Mission and Vision
Goals and Strategies
Tactics and Activities
• Impact measures– Long-term mission and objectives
• Activity measures– Progress towards goals and
program implementation
• Capacity measures– Progress at all levels of org,
enabling execution
• Biodiversity health• Threat abatement
Link Your Metrics to Your MissionExample from the Nature Conservancy
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Why Do We Need Outcome Metrics?
Stewardship
Reputation and Credibility
Accountability
Funding
Growth
Impact
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Who’s Keeping Track?
Potential Donors Charity Evaluators
Community Other Nonprofits
Fiscal Responsibility WITH Impact and Outcomes
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Performance or Outcomes?
Financial Performance & Outcomes
What is most important to measure?
Activity/Program Success
Fundraising
Capacity & Sustainability
Balanced Approach
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Key Metrics—Getting Started
• The key nonprofit metrics– Fundraising efficiency– Operating reliance– Program efficiency
• Resources to help– NTEN– Charity Navigator– National Council of Nonprofits– Urban Institute
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The Right Financial Management Solution Makes the Difference
• Statistical objects
• Operational and financial metrics
• Business intelligence and visibility
• Comprehensive automation
• Lower TCO
• Access and availability
• Easy integration
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Intacct: Metrics at Your Fingertips
Key Metrics
Net Assets
Budget vs. Actual
ProgramFinancials
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Nonprofit Organizations Rely on Intacct
95% customer satisfaction
Real Value
11,000+Growth organizations
Growing withIntacct
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Built for Success
10+ year track record of delivering results
Choice of accounting and finance experts worldwide
Industry awards 25 Best
Small Biz Apps
Top-ratedworkplace
Top tierinvestors
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Interested in Learning More?
• Try Intacct with a free 30-day trialhttp://www.intacct.com/trial
• Attend an upcoming webinarhttp://www.intacct.com/webinars
• Download a free white paperOutcome Metrics: Measuring What Matters in the Nonprofit World
• Follow us on Twitter@intacct
• Connect with us on Facebookhttp://www.facebook.com/Intacct
• Contact us [email protected] | 877-437-7765
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