Nonprofit Sector
New Tools to Help Tell Your Nonprofit’s Financial Story
October 12, 2018
Financial SCAN is now the Financial Trends Analysis tool, which can be accessed within GuideStar Pro.
This new tool can be used to explore:
- Key financial indicators and trends
- Profitability and progress toward full cost coverage (yes, nonprofits need surpluses to cover the full costs of delivering impact and keeping the lights on!)
- Revenue and expense composition
- Liquidity
- Balance sheet composition
Click here to read more.
Authors: Sandi Clement McKinley, Vice President, Advisory Services, Nonprofit Finance Fund; Scott Menzel, Senior Product Manager, GuideStar