Scott Menzel Product & User Experience Manager GuideStar Peter Kramer Manager Nonprofit Finance Fund January 30, 2014

Effective Solutions

Sound Financial Health

Strong Organizations

Quality Programs

We believe that financial health supports impact

Knowing which metrics to focus on for assessing financial health

Having the time and skills to collect, parse and apply financial data to inform grantmaking decisions

Fostering a candid dialogue with grantees about financial health and resource needs

When it comes to nonprofit finance, funders face common challenges:

Financial SCAN at a glance

What: Data platform for assessing nonprofit financial health and fostering dialogue among all stakeholders involved in making social impact

Who: Private and public grantmakers/donors, nonprofit organizations, philanthropic advisors, consultants and media

How: Private and public grantmakers/donors, nonprofit organizations, philanthropic advisors, consultants and media

WHAT

Data platform for assessing nonprofit financial health, decision making, and informing grantmaker-grantee dialogue

WHO

Nonprofit organizations, private and public grantmakers, individual donors, philanthropic advisors, and consultants

HOW

Draws data directly and automatically from IRS Forms 990,* presenting complex information in an easy-to-analyze and communicate format (313K orgs)

*Note: Financial SCAN does not include data from Form 990 EZ

What’s in a Financial SCAN?

Organizational Dashboard: Five years of key financial trends and ratios

Graphs & Explanatory Text: More detailed overview of an organization’s: Expenses Revenue Profitability Balance Sheet Liquidity

Peer Comparison Dashboard: Users select peer organizations for financial benchmarking

Financial SCAN 2.0: New Features!

Excel Download Peer Group Comparison Customized Enterprise Access 7 Day Nonprofit Access

What are grantmakers saying?

Reveals trends and critical information about surpluses, deficits, debt, liquidity, and restricted funds

Allows for consistent analysis while offering context and accessible narrative

Helps identify strengths and raise red flags, informing conversation among ourselves, and with our grantees

Will help us present to our board the financial issues our grantees are dealing with

Saves us time and resources

“Financial SCAN helps us manage

our financial analysis in a

systematic way. It’s a very valuable tool that we didn’t have

before.”

“We have a small staff, so adding an in-depth financial review to our due diligence was close to impossible. With Financial SCAN, it’s almost as if we hired a part-time staff member to do financial analysis for us. It’s really streamlining our efforts in a tremendous way.”

Financial SCAN demonstration

Q&A

Thank you! Peter Kramer

Manager, Advisory Services 617-204-9772

peter.kramer@nffusa.org

To learn more:

www.guidestar.org/financialSCAN

9