Grant Dashboard for a Nonprofit Organization

    What is a Grant Dashboard for a Nonprofit Organization ? Grant dashboards are considered essential analysis tools and are used by grant managers and executives to track trends and variances related to their grant activities. Some of the key functionality in this type of visual report is that it provides eight charts as a well as a report section to analyze various grant metrics. The dashboard gives quick insight into revenue by grant, monthly trend in granted versus encumbered amounts, top 5 awarded grants, number of grant requests by staff member, requested/granted/encumbered amounts, encumbered amounts by program by month, requested versus declined grants, and expenditures by program You find an example of this type of visual report below. Purpose of Grant Dashboards Nonprofits and associations use Grant Dashboards to give managers an easy, self-service interface to monitor grant metrics. When used as part of good business practices in a Grant department, an organization can improve its grant-related strategies and revenues as well as reduce the chances that managers miss important trends and variances. Grant Dashboard Example Here is an example of a Grant Dashboard with key trends and statistics. [caption id="" align="alignnone" width="2560"] Grant Dashboard Example for a Nonprofit Organization Grant 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: Grant managers and executives. Other Visual report s Often Used in Conjunction with Grant Dashboards Progressive grant departments sometimes use several different Grant Dashboards, along with grant budgets, grant reports, encumbrance reports, program reports and other management and control tools. Where Does the Data for Analysis Originate From? The Actual (historical transactions) data typically comes from dedicated grant 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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