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SEC Allows Some Adjusted Revenue Metrics Under “Unusual Circumstances”

The Securities and Exchange Commission will allow some companies to report adjusted revenues under special circumstances, but these must clear it with the regulator first, said mark kronforst, Chief accountant for the division of corporate finance.

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Georgia Wildlife Federation

The Georgia Wildlife Federation began as a sportsman's organization in 1936 and has grown to become Georgia's oldest and largest conservation organization. Our members include bird watchers, hunters, anglers, educators, gardeners, hikers - a diverse group of individuals united by our concern and compassion for the environment.

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Nonprofit Management

The Ultimate Donor Relations Strategy to Increase Member Retention

Article | July 28, 2022

A common mistake nonprofits make is spending all their resources and efforts on marketing and attracting new donors or members. Your initial conversation rates may be great, but what happens after a year, when it’s time for them to renew? A lot of organizations struggle with their retention rates. They work really hard on their renewal appeals, only to see declining numbers month after month. Of course, a number of factors could be at play here: perhaps the donor is no longer interested; their financial situation has changed and they no longer have capacity; maybe they were supporting a specific program or project that has now been completed.

Read More
Nonprofit Management

Microsoft Dynamics 365 for Nonprofits: What You Need to Know

Article | July 12, 2022

Microsoft Dynamics 365 for Nonprofits is a name you're likely to hear very frequently in the nonprofit tech space over the next several years. As Microsoft's own cloud-based CRM platform, Dynamics for Nonprofits offers a new technology option for organizations of all sizes. If you're already using a range of Microsoft products (or have heard of Microsoft's generous Tech for Social Impact initiative) but haven't yet heard of Dynamics, you're definitely going to want to have it on your radar.

Read More
Nonprofit Management

Business Continuity Plans for Nonprofits

Article | July 11, 2022

Many organizations have found themselves in a “gotcha” moment. Business continuity plans are what nonprofits use to make sure operations are uninterrupted during unexpected circumstances. You knew that a business continuity plan was essential. Yet, you put it off because it didn’t seem urgent. Suddenly you are faced with a pandemic and you had to figure out how to operate when offices closed, people had to work from home, clients still needed services, and the board needed to make decisions. You aren’t alone. Many organizations face the same dilemma. How do you operate if there is a catastrophic situation that disrupts everything you do?

Read More
Nonprofit Technology

Prioritizing Money Builds Fake Donor Relationships

Article | December 21, 2021

The relationship costs too much money, so I will save money and not pursue it. And the result of that decision is disastrous. Relationships take time. You know that. Your boss knows it. But we ignore time because that is how we have set up things. There is a budget to manage. A forecast to make. So, we go for the fake relationship. One where we pretend to care, but only if we get the money. We do that — not because we believe it’s the right thing to do but — because we can’t see any other way to deliver on expectations. And that is the dilemma in major gifts. The push is for instant gratification. We are dealing with a situation right now where the authority figure does not value relationships. She says she does. She even claims to have a value set that cherishes relationships. But the money is the real value. And the need to grab it is the central drive. So, she is pushing on her major gift officers (MGOs) to get the money and is even threatening to do away with the major gifts program because it is not delivering. But when we uncover what “not delivering” means in her view, it is not that each MGO is not producing revenue from the same donors over and above last year. Nope. It is that each isn’t producing enough revenue quickly enough. The real story in this organization is that some of the other fundraising programs are not performing, and major gifts needs to be the scapegoat. It’s all about the money. This is so sad because these are good people — all of them, including the authority figure. It is sad because the plan to move major gifts into real relationships is facing failure. And that bothers Jeff and me — not because it’s our plan for the organization. No, it bothers us because there are good MGOs and good donors who must revert back to a fake relationship. And that is not good. One of our major objectives is to influence fundraisers and nonprofit leaders to highly value and respect donors. When we succeed at that, and we do, more often than not, it brings donors, MGOs and leaders a tremendous amount of joy and satisfaction. And, it brings the money. You should see the celebration! But when money is valued over relationship, it is a dark and depressing time for us. That is why the situation I described earlier is so disturbing. It’s not that we are going to lose something. No, that is not it. It’s that some very good MGOs and some very good donors will be forced to live in superficiality and shallowness. And that is not good for anyone. And it certainly is not good for the economic well-being of the nonprofit. Make a commitment today to real relationships with your donors. And if your organization does not support that, try to influence it to change. If the organization will not change, move on. You have a choice.

Read More
Nonprofit Management

Non-Profits Cannot Afford to Ignore These Business Practices

Article | July 28, 2022

A common mistake nonprofits make is spending all their resources and efforts on marketing and attracting new donors or members. Your initial conversation rates may be great, but what happens after a year, when it’s time for them to renew? A lot of organizations struggle with their retention rates. They work really hard on their renewal appeals, only to see declining numbers month after month. Of course, a number of factors could be at play here: perhaps the donor is no longer interested; their financial situation has changed and they no longer have capacity; maybe they were supporting a specific program or project that has now been completed.

Read More
Nonprofit Management

What Are the Top Five Lessons for Your Non-Profit This Year?

Article | July 12, 2022

Microsoft Dynamics 365 for Nonprofits is a name you're likely to hear very frequently in the nonprofit tech space over the next several years. As Microsoft's own cloud-based CRM platform, Dynamics for Nonprofits offers a new technology option for organizations of all sizes. If you're already using a range of Microsoft products (or have heard of Microsoft's generous Tech for Social Impact initiative) but haven't yet heard of Dynamics, you're definitely going to want to have it on your radar.

Read More
Nonprofit Management

Top 5 Trends for Non-Profits in 2022

Article | July 11, 2022

Many organizations have found themselves in a “gotcha” moment. Business continuity plans are what nonprofits use to make sure operations are uninterrupted during unexpected circumstances. You knew that a business continuity plan was essential. Yet, you put it off because it didn’t seem urgent. Suddenly you are faced with a pandemic and you had to figure out how to operate when offices closed, people had to work from home, clients still needed services, and the board needed to make decisions. You aren’t alone. Many organizations face the same dilemma. How do you operate if there is a catastrophic situation that disrupts everything you do?

Read More
Nonprofit Technology

Prioritizing Money Builds Fake Donor Relationships

Article | December 21, 2021

The relationship costs too much money, so I will save money and not pursue it. And the result of that decision is disastrous. Relationships take time. You know that. Your boss knows it. But we ignore time because that is how we have set up things. There is a budget to manage. A forecast to make. So, we go for the fake relationship. One where we pretend to care, but only if we get the money. We do that — not because we believe it’s the right thing to do but — because we can’t see any other way to deliver on expectations. And that is the dilemma in major gifts. The push is for instant gratification. We are dealing with a situation right now where the authority figure does not value relationships. She says she does. She even claims to have a value set that cherishes relationships. But the money is the real value. And the need to grab it is the central drive. So, she is pushing on her major gift officers (MGOs) to get the money and is even threatening to do away with the major gifts program because it is not delivering. But when we uncover what “not delivering” means in her view, it is not that each MGO is not producing revenue from the same donors over and above last year. Nope. It is that each isn’t producing enough revenue quickly enough. The real story in this organization is that some of the other fundraising programs are not performing, and major gifts needs to be the scapegoat. It’s all about the money. This is so sad because these are good people — all of them, including the authority figure. It is sad because the plan to move major gifts into real relationships is facing failure. And that bothers Jeff and me — not because it’s our plan for the organization. No, it bothers us because there are good MGOs and good donors who must revert back to a fake relationship. And that is not good. One of our major objectives is to influence fundraisers and nonprofit leaders to highly value and respect donors. When we succeed at that, and we do, more often than not, it brings donors, MGOs and leaders a tremendous amount of joy and satisfaction. And, it brings the money. You should see the celebration! But when money is valued over relationship, it is a dark and depressing time for us. That is why the situation I described earlier is so disturbing. It’s not that we are going to lose something. No, that is not it. It’s that some very good MGOs and some very good donors will be forced to live in superficiality and shallowness. And that is not good for anyone. And it certainly is not good for the economic well-being of the nonprofit. Make a commitment today to real relationships with your donors. And if your organization does not support that, try to influence it to change. If the organization will not change, move on. You have a choice.

Read More
MORE ARTICLES

Spotlight

Georgia Wildlife Federation

The Georgia Wildlife Federation began as a sportsman's organization in 1936 and has grown to become Georgia's oldest and largest conservation organization. Our members include bird watchers, hunters, anglers, educators, gardeners, hikers - a diverse group of individuals united by our concern and compassion for the environment.

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FreeCharge posts Rs 235 cr loss in FY16; paltry revenues erode net worth

FreeCharge | January 04, 2017

FreeCharge, the digital payments company owned by e-commerce marketplace Snapdeal, reported a loss of Rs 235 crore on a revenue of Rs 36 crore in 2015-16, eroding the net worth of the company as losses mounted to play catch-up with larger rival Paytm. While losses fell 12.7 per cent in the financial year compared to the previous year, revenue growth stood at 2.9 per cent, up from Rs 35 crore. This is unlike a lot of new-age Internet companies that forego profits but ensure hefty growth in revenues.

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Emmis -7% as revenues slip again

Emmis Communications | January 05, 2017

Publishing revenues fell 18%; pro forma for the company's sale of Texas Monthly, publishing net revenues still declined 6%, and radio revenue fell fractionally overall. "Emmis Radio is not accustomed to underperforming its markets," says Chairman/CEO Jeff Smulyan. "I was disappointed in our performance, but remain hopeful that recent ratings gains in Los Angeles and Austin, coupled with continued stellar performance in St. Louis, will lead to better performance in fiscal 2018.

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Sigurd 2016 revenues rise 14.7%

Sigurd Microelectronics Corporation | January 05, 2017

Sigurd has posted December revenues of NT$527 million, up 3.9% sequentially and 24.3% from a year earlier. Revenues totaled NT$1.56 billion for the fourth quarter of 2016, down 1.7% on quarter but up about 22% on year. Sigurd had record-high consolidated revenues of NT$1.59 billion in the third quarter, buoyed by strong demand for smartphone solutions, audio chips and power management ICs. Meanwhile, robust demand for Sigurd's newly-added offering for wireless network chips also buoyed the company's sales performance during the quarter.

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FreeCharge posts Rs 235 cr loss in FY16; paltry revenues erode net worth

FreeCharge | January 04, 2017

FreeCharge, the digital payments company owned by e-commerce marketplace Snapdeal, reported a loss of Rs 235 crore on a revenue of Rs 36 crore in 2015-16, eroding the net worth of the company as losses mounted to play catch-up with larger rival Paytm. While losses fell 12.7 per cent in the financial year compared to the previous year, revenue growth stood at 2.9 per cent, up from Rs 35 crore. This is unlike a lot of new-age Internet companies that forego profits but ensure hefty growth in revenues.

Read More

Emmis -7% as revenues slip again

Emmis Communications | January 05, 2017

Publishing revenues fell 18%; pro forma for the company's sale of Texas Monthly, publishing net revenues still declined 6%, and radio revenue fell fractionally overall. "Emmis Radio is not accustomed to underperforming its markets," says Chairman/CEO Jeff Smulyan. "I was disappointed in our performance, but remain hopeful that recent ratings gains in Los Angeles and Austin, coupled with continued stellar performance in St. Louis, will lead to better performance in fiscal 2018.

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Sigurd 2016 revenues rise 14.7%

Sigurd Microelectronics Corporation | January 05, 2017

Sigurd has posted December revenues of NT$527 million, up 3.9% sequentially and 24.3% from a year earlier. Revenues totaled NT$1.56 billion for the fourth quarter of 2016, down 1.7% on quarter but up about 22% on year. Sigurd had record-high consolidated revenues of NT$1.59 billion in the third quarter, buoyed by strong demand for smartphone solutions, audio chips and power management ICs. Meanwhile, robust demand for Sigurd's newly-added offering for wireless network chips also buoyed the company's sales performance during the quarter.

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