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The webcast will start at 1 p.m. EasternPlease note: Handout – You can print or download the webcast handout atcapincrouse.com/webcast-nonprofit-benchmarking CPE – CPE certificates will be emailed to you within the next fewweeks. To receive CPE credit you must respond to the pollingquestions, which are not available on mobile devices. Therefore, inorder to receive CPE credit you must log in via a computer. Recording – A recording of today’s webcast will be available atcapincrouse.com. Click Nonprofit Resources, and then selectWebcast: Recorded from the list on the right.Benchmarking for Your NonprofitDan Campbell, Partner, CapinCrouseMartin Ramsay, Founder & Managing Director, CEATH5.24.181
Thank you!Our Presenters Dan Campbell, Partner and Higher EducationServices Director, CapinCrouse LLP Martin Ramsay, Founder & Managing Director,CEATH Company2
AgendaI.Converting data into useful informationII.Comparing performance to other similar institutionsIII.Examining data over time to identify emerging trendsIV.Making informed decisions in other areasI. Converting Data into Useful InformationData is a group of facts, but facts have nocontextual meaning. By allowing thosefacts to be explored in the context ofquestions to which institutions needanswers, the facts become meaningfulanswers.– Dan CampbellWhat questions should your institution be asking?3
Common QuestionsHow financially stable are we?Where are we vulnerable?QuestionWhich of these questions are mostconcerning to you? Is there a particularquestion that you should spend moretime considering?Are we financially stable?How do we compare to benchmarks? To other institutions?How can I explain our situation to accreditors? Or my board?Where are we vulnerable?Something else?Use the Q&A box to respond.4
II. Comparing Performance toSimilar OrganizationsTuition Discounting Comparison Industry trends areinformativeindividual institutions Benchmarkingmean But where can we findcomparable data?Sources of Comparable Data Nonprofit Associations ECFA (Evangelical Council for Financial Accountability) GuideStar/NFF Charity Navigator Industry Associations The Church Network ABACC (Association of Business Administrators ofChristian Colleges) CCCU (Council for Christian Colleges & Universities)5
Sources of Comparable Data Public Record Form 990 IPEDS (Integrated PostsecondaryEducation Data System) U.S. CensusSources of Comparable Data Specialized Sources Consultants Indexes Privately Funded Studies6
questionsHow Can This Data Inform Usaction Financial datadatainformation Our own financial statements Our financial systemsquestionsHow Can This Data Inform Usaction Financial data Our own financial statementsdatainformation Our financial systems7
questionsHow Can This Data Inform Usaction Financial datadatainformation Our own financial statementsStudent / Faculty Ratio Our financial systems Program related Various metrics and measurementsindividual institutions Non-financial dataQuestionWhat are some examplesof non-financial data thatyou have?Use the Q&A box to respond.8
questionsHow Can This Data Inform Usaction Financial data Our own financial statementsdatainformation Our financial systems Non-financial data Program related Various metrics and measurements Combining financial and non-financial dataQuestionWhat are some examples of waysyou could or would like to combinefinancial and non-financial data?Use the Q&A box to respond.9
questionsHow Can This Data Inform Usaction Financial data Our own financial statementsdatainformation Our financial systems Non-financial data Program related Various metrics and measurements Combining financial and non-financial data Comparing ourselves with other organizationsFinance Director - Davis College10
questionsHow Can This Data Inform Usaction Financial data Our own financial statementsdatainformation Our financial systems Non-financial data Program related Various metrics and measurements Combining financial and non-financial data Comparing ourselves with other organizations Looking at trends over timeIII. Examining Data Over Time to IdentifyEmerging Trends How do trends inform us? Facts explored in the context of questions becomemeaningful information.11
QuestionWhat trend are you most concernedabout? Is there a particular trend thatyou especially watch?Use the Q&A box to respond.Finance Director - Davis CollegeFYE 2017FYE 201612
IV. Making Informed Decisions Operational/tactical decisions Longer-term strategies Desired outcomes related to: Liquidity Debt capacity Program revenue Donor support Salaries and benefits Facility usage And more What questions are you asking?13
Upcoming WebcastPlease join us! Learn more at capincrouse.comNonprofit Financial Statement Standards ImplementationThursday, June 281 p.m. EasternPresented by: Christopher GordonThank you.Dan CampbellMartin RamsayCapinCrouseCEATH 4.931.7287859.986.870214
Financial data Our own financial statements Our financial systems Non-financial data Program related Various metrics and measurements Combining financial and non-financial data Comparing ourselves with other organizations Looking at trends over time questions data information action III. Examining Data Over Time to Identify
