How to select KPIs for nonprofits

11/26/2012 | AICPA Insights

Key Performance Indicators are important in rating a nonprofit's financial health and performance, writes Michael McNeilly, vice president of accounting and financial institutions markets at Sageworks. To pick the appropriate KPI for a nonprofit, McNeilly advises choosing one definition, setting a target for the year and using industry benchmarks, such as program efficiency ratio, operating reliance ratio and fundraising efficiency ratio.

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