Implementing a Quarterly Review Process for Your Nonprofit

The Prosperous Nonprofit

Nonprofit leaders, are you leveraging the power of a quarterly review in your organization? If you haven’t implemented one yet or are looking for ways to improve your process, then this episode is for you.

I’m breaking down strategies for how to effectively conduct a quarterly review. I’m giving you strategies to help you do a deep dive into your financials including establishing benchmarks, setting goals, planning for the future and so much more. Grab a notebook and tune in for a juicy episode!

Read the podcast transcript here.

Episode Summary

In this episode, you’ll learn strategies for implementing a quarterly review process for your nonprofit, including:

• How to do a deep dive into your financials (1:50)

• Establishing and analyzing financial benchmarks (3:40)

• Checking in on progress towards your goals (7:00)

• Scoring key performance indicators (8:50)

• Planning for the future (11:00)

• Identifying wins and challenges (14:40)

• Setting goals for the upcoming quarter (20:00)

• Determining your top priorities (25:40)

Teasers

“Sometimes a month, 30 days, is not really long enough to see the results of your efforts and you need a little bit longer. And that's why looking at this on a quarterly basis is a great idea.”

“I really love using a quarterly cadence to look at the big picture of your organization and not get so lost in the details.”

“We don't want to set pie in the sky goals and not really identify what's going to hold us back from achieving those goals.”

“If you're not currently doing some sort of quarterly review with your leadership team at your organization, I would really encourage you to think about that. Because here's the thing, when everybody understands at least some level of detail on how the organization is performing, they can be an active participant in the solution and working towards the goals.”

Resources

The Best Tools for an Efficient & Prosperous Nonprofit: https://100degreesconsulting.com/tools/

Keep up to date with the podcast: @100degreesconsulting

Follow Stephanie on Instagram: @stephanie.skry/

Connect with Stephanie on LinkedIn: https://www.linkedin.com/in/stephanieskryzowski/

Visit the podcast page: https://100degreesconsulting.com/implementing-quarterly-review

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