Executive Dashboard for a Nonprofit Organization

    What is an Executive Dashboard for a Nonprofit Organization ? Executive dashboards are considered monitoring tools and are used by executives and senior management to have a single web-based report that shows the metrics that matter the most to them. Some of the key functionality in this type of visual report is that it it provides a mix of graphical analysis as well as a report (partially visible at the bottom of the screenshot below). The user can refresh the report and choose filters for department and time period to see the data they are looking for. The two charts on the left compare actual to budget for the top revenues and expense categories, while the two charts in the middle show the monthly trend for the same metrics. The final two charts show membership count by region and grant amounts by program. You find an example of this type of visual report below. Purpose of Nonprofit Executive Dashboards Nonprofits and associations use Executive Dashboards to give leaders an easy, self-service way to analyze the organization's KPIs. When prepared as part of good business practices in a Financial Planning & Analysis (FP&A) department and actively used by executives, an organization can improve its strategies and reaction time as well as reduce the chances that leaders miss important trends and variances. Nonprofit Executive Dashboard Example Here is an example of an Executive Dashboard for nonprofit organizations. [caption id="" align="alignnone" width="2560"] Executive Dashboard Example for a Nonprofit Organization Executive Dashboard Example for a Nonprofit Organization[/caption] You can find hundreds of additional examples here Who Uses This Type of Visual report ? The typical users of this type of visual report are: Executives and senior managers. Other Visual report s Often Used in Conjunction with Nonprofit Executive Dashboards Progressive Financial Planning & Analysis (FP&A) departments sometimes use several different Nonprofit Executive Dashboards, along with financial statements, budget dashboards and other management and control tools. Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from dedicated membership management systems or enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others. In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions. What Tools are Typically used for Reporting, Planning and Dashboards? Examples of business software used with the data and ERPs mentioned above are:
    • Native ERP report writers and query tools
    • Spreadsheets (for example Microsoft Excel)
    • Corporate Performance Management (CPM) tools (for example Solver)
    • Dashboards (for example Microsoft Power BI and Tableau)
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