Nonprofits operate in a world demanding accountability and transparency.
The internal team wants reporting that will help them better manage their programs. Development Directors want positive program results to share with potential donors. The Board and Executive Management want to know that funds are being allocated in a way that best serves the organization’s mission.
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Why Outcome Measurements Matter
Stewardship – From development and accounting to operations and programming, the ability to define, track, and report outcome measures – showing where you are and where you want to go – will help ensure good stewardship. This, in turn, will boost donor confidence and strengthen your credibility – which supports your growth and your ability to pursue your mission.
Funding – In a competitive environment, the ability to define, measure, monitor, and report the metrics that define success can encourage new and additional funding from donors, foundations, and other benefactors. For instance, demonstrating achievement of key milestones can unlock subsequent rounds of multi-year grants.
Accountability – Funders are increasingly tying their support to stringent accountability. They want to see where their monies are going and the results that are achieved – whether it’s organizational growth and new locations or more nonprofit partnerships and matching funds. Nonprofits must provide exceptional transparency into the organization’s outcome metrics, controls, and reporting.
The importance of outcome measurements can be seen from a variety of perspectives and functions within a nonprofit organization.
The question is: Are you able to measure the metrics that will help you achieve your mission?
We invite you to fill out the form below to download your free copy of ‘Outcome Metrics: Measuring What Matters int he Nonprofit World’ to help you identify and define the metric that matter to your mission, management, constituents, and donors.