2013 giving trends

July 9, 2014, 7:37 am

It always takes a while to gather all the info needed to calculate giving trends, so the information often starts to feel stale. However, here are some tidbits from a Nonprofit Times article – Americans Feeling Better, Giving More.

The Giving USA Foundation research for 2013 shows giving increased in 2013 by about 3% on an inflation-adjusted basis.

Individual giving was up 4.2% in total, which is 2.7% after an inflation adjustment. That represents 72% of total giving.

Lesson learned, according to the article?  Read the rest of this entry »


Giving to ECFA members increased in 2013

June 19, 2014, 8:14 am

Preliminary data provided during early renewals of ECFA members indicate that cash contributions increased 5.2% in 2013 with total revenue increasing 6.5%

Those are the results from the first 700 members renewing for 2013, according to the ECFA’s article Giving Remains on the Rise to ECFA Members. That would be renewal info arriving in January 2014.

Full report expected in October.


Portion of telemarketing proceeds retained by charities in Michigan

March 14, 2014, 9:04 am

Previously mentioned that in 2012 California charities retained 37% of the total proceeds raised by telemarketing firms. In New York, the percentage going to the charities was 38%.

The Michigan Attorney General released their report on telemarketing campaigns in the state for 2013 –  

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Guest Post – Cash Conversion Cycle of Donors

September 25, 2013, 7:35 am

Mr. Jeff Beaumont is a CPA working for a firm that focuses on serving the nonprofit community. His opinions are his own and do not reflect the opinions or positions of his firm in any way. Because he speaks for himself, I won’t identify him or his firm in any more detail. He doesn’t speak for me either.

He has about seven years experience as an auditor working on the issues discussed on this blog.

By Jeff Beaumont, CPA

Would it be helpful to more thoroughly understand incoming church attendees, their giving, and if they feel accepted, welcomed, and a part of the local church family? This post will explore analyzing how long it takes for someone to give as a means to understand the newcomers.

About tracking trends, there are some considerations we need to ponder. When someone first shows up at church, they rarely give the first day. If they do give, they rarely would give their “normal” amount unless they felt part of the church, as if they had some sort of relationship or ownership.

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Guest Post – Forecasting Annual Church Revenues: Using Trends and Cycles to Help Predict Future Revenues – part 4

September 6, 2013, 7:23 am

Mr. Jeff Beaumont is a CPA working for a firm that focuses on serving the nonprofit community. His opinions are his own and do not reflect the opinions or positions of his firm in any way. Because he speaks for himself, I won’t identify him or his firm in any more detail. He doesn’t speak for me either.

He has about seven years experience as an auditor working on the issues discussed on this blog. This is the fourth post in a series.

By Jeff Beaumont, CPA

Part 4– Final thoughts

Introduction is here. Description of forecasting model is here. Calculations discussed here.

Okay, once the research is complete, we can put together a fair and reasonably accurate estimation of tithes and offerings for budgeting for next year.

Next, the smell test. I have learned the necessity of this. So if the model says next year will increase by 5-10%, I should look at what has happened in the past (at least with the past I won’t have to make any guesses since it already happened!).

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Guest Post – Forecasting Annual Church Revenues: Using Trends and Cycles to Help Predict Future Revenues – part 3

September 3, 2013, 6:57 am

Mr. Jeff Beaumont is a CPA working for a firm that focuses on serving the nonprofit community. His opinions are his own and do not reflect the opinions or positions of his firm in any way. Because he speaks for himself, I won’t identify him or his firm in any more detail. He doesn’t speak for me either.

He has about seven years experience as an auditor working on the issues discussed on this blog. This is the third in a series.

By Jeff Beaumont, CPA

Part 3 – Calculations

Introduction is here. Description of forecasting model is here.

You still with me?

Good.

Trying to figure out how to forecast revenue for nonprofits is quite a sticky issue. After all, it is much simpler to try to forecast revenue for a company that sells some product, say, bread, soda, or gasoline. There is a reasonable understanding that people need (or want) those items.

For a financial model, there is the term “financial driver” which means anything that affects the rise and fall of revenues, expenses, etc. The four categories for revenue drivers are: Read the rest of this entry »


Guest Post – Forecasting Annual Church Revenues: Using Trends and Cycles to Help Predict Future Revenues – part 2

August 28, 2013, 8:07 am

Mr. Jeff Beaumont is a CPA working for a firm that focuses on serving the nonprofit community. His opinions are his own and do not reflect the opinions or positions of his firm in any way. Because he speaks for himself, I won’t identify him or his firm in any more detail. He doesn’t speak for me either.

He has about seven years experience as an auditor working on the issues discussed on this blog. This is the second in a series.

By Jeff Beaumont, CPA

Part 2 – Philosophy and foundation discussion

Introduction and encouragement to pastors is here.

We were forecasting revenue for the next year and knew we needed to be accurate. We needed to do our best to discern changes (be that attendance, economic changes, etc.) in the church that will affect revenue.

After the first year or two of using a flat percentage increase by looking at the past few years and trying to make a determination for the entire year’s revenue in under an hour (yes, that happens frequently in churches!), we realized our mistake to make it such a hasty and cursory decision-making process.

We then then took a different road. One that required more work but—hopefully—would be worth it in the end.

Read the rest of this entry »