Armanino Announces New Service Empowering Nonprofits to Fundraise Using Predictive Analytics
Armanino LLP, a top 20 national accounting and consulting firm, announces the launch of its Strategic Development Outsourcing (SDO) service, providing the only resource of its kind in the accounting and consulting industry for nonprofit organizations. This new service brings a deliberate development approach powered by data and analytics to help organizations focus internal resources most effectively.
“Nonprofits have traditionally struggled with maintaining capital reserves, often prioritizing focusing on the organization’s mission over raising funds, which can lead to long-term issues with stability and viability,” says Armanino partner Eric Thomas. “SDO is a unique offering that brings the power of data, analytics and AI to fundraising, empowering nonprofits to build financial stability in an uncertain climate. It’s an exciting prospect that can change the game for the way nonprofits approach fundraising.”
Armanino’s Strategic Development Outsourcing service utilizes a three-phase approach to drive results:
- Providing an in-depth analysis of the organization's current fundraising performance, which is then compared to industry benchmarks of other nonprofit organizations
- Building out a three-year development model using predictive analytics to identify potential funding gaps
- Providing expertise to design a strategy to support bridging the funding gap
Armanino provides ongoing support in creating custom reports with donor analytics, maintaining a donor database, assisting with donor segmentation, major gift planning, detailed fundraising analysis, planned giving and compliance functions.
SDO employs several industry-leading strategies to evaluate organizations' existing donor base, source new prospects and gauge individual, corporate and institutional funding.
Armanino senior manager Morgan Falor remarks, “We are thrilled to offer a unique service designed to support organizations that are working towards worthy causes every day. We look forward to integrating technology and data-driven solutions so that nonprofits can optimize their internal resources and carry out their missions sustainably.”
SDO has the power to open up nonprofits to a world of previously inaccessible data tools and solutions so organizations can take full advantage of the collective resources and expertise Armanino’s state-of-the-art consulting practice offers.
The preceding press release was provided by a company unaffiliated with NonProfit PRO. The views expressed within do not directly reflect the thoughts or opinions of the staff of NonProfit PRO.