Put your best foot forward – Giving donors and funders the financial information they need
Abstract: Donors and grant-making organizations are becoming increasingly sophisticated in their scrutiny of potential donees. They’re particularly interested in benchmarking ratios involving program spending, fundraising efficiency and management and general expenses. Some may perform a trend analysis of revenues and expenses, or examine the accumulation of unrestricted net assets. In today’s highly competitive charitable giving climate, it’s critical that a nonprofit put its best foot forward and provide potential donors as much useful information as possible.