GM101 - Vetting and Assessing Nonprofit Organizations by

Insightful Collaborative Learnings

2024-09-26 18:54:27 UTC

You can read financials; but you really need to talk to the org to learn the details behind them. Don't judge up front!

2024-09-26 18:54:56 UTC

Due Diligence is key. (and often, fun!)

2024-09-26 18:55:22 UTC

Gauge the experience level in break out groups

2024-09-26 18:56:02 UTC

Many of us are rookies and need more background and/or guidance about financials

good exercise

2024-09-26 18:58:02 UTC

but would have liked a more complex organization or a way to "interact" with the nonprofit - even if it was the facilitator acting

Broader focus?

2024-09-26 18:58:51 UTC

The financial vetting was a helpful, but it would be great to add in other aspects of vetting organizations/projects - program contacts, proposal reviews, project budgets, website reviews. Site visits were mentioned a fair bit but for those who don't do visits, sharing other aspects of vetting an organization would be helpful, and interesting to see how others do this.

Candid

2024-09-26 19:03:22 UTC

I would like to know how many people use Candid to learn about an organization's financial health. It seems like it would be a good way to ask less of our nonprofit partners if we can do some research on our side. I would also like to discuss more about what exactly we can get from Candid and where that information comes from. I believe most of it comes from the financials and 990 but how much of it comes from information provided by the organization directly? I also noticed more of a snapshot there of the important financial information rather than a lot of numbers to review, although the details were available, too. I couldn't find trends in detail (probably just looking in the wrong place), but I was able to get a feel for their more current financial health. Other feedback, maybe something a bit simpler and clearer for those of us who are new to financial review.