Join us for a half-hour live demonstration of Financial SCAN, an online financial analysis platform developed in partnership by NFF and GuideStar. Learn about new features for enhanced peer benchmarking and data customization, and how Financial SCAN can help your institution save time and add insights to your grantmaking process and conversations with nonprofits.

1. Scott Menzel
Product & User Experience Manager
GuideStar
Peter Kramer
Manager
Nonprofit Finance Fund
January 30, 2014

2. We believe that financial health
supports impact
Sound Financial Health
Strong Organizations
Quality Programs
Effective Solutions

3. When it comes to nonprofit finance,
funders face common challenges:
 Knowing which metrics to focus on for assessing
financial health
 Having the time and skills to collect, parse and
apply financial data to inform grantmaking decisions
 Fostering a candid dialogue with grantees about
financial health and resource needs

4. Financial SCAN at a glance
What: Data platform for assessing nonprofit financial
Data platform for assessing nonprofit financial
WHAT
health and fostering dialogue among all stakeholders
health, decision making, and informing
involved in making social impact dialogue
grantmaker-grantee
Who: Private and public grantmakers/donors,
Nonprofit organizations, private and public
WHO
nonprofit organizations, philanthropic advisors,
grantmakers, individual donors, philanthropic
consultants and advisors, and consultants
media
Draws data directly and automatically from
How: Private and public grantmakers/donors,
IRS Forms 990,* presenting complex
nonprofit organizations, philanthropic advisors,
HOW
consultants and information in an easy-to-analyze and
media
communicate format (313K orgs)
*Note: Financial SCAN does not include data from Form 990 EZ

5. What’s in a Financial SCAN?
Organizational Dashboard: Five
years of key financial trends and ratios
Graphs & Explanatory Text: More
detailed overview of an organization’s:
 Expenses
 Revenue
 Profitability
 Balance Sheet
 Liquidity
Peer Comparison Dashboard: Users
select peer organizations for financial
benchmarking

6. Financial SCAN 2.0: New Features!
 Excel Download
 Peer Group Comparison
 Customized Enterprise Access
 7 Day Nonprofit Access

7. What are grantmakers saying?

Reveals trends and critical information about
surpluses, deficits, debt, liquidity, and
restricted funds

Allows for consistent analysis while offering
context and accessible narrative

Helps identify strengths and raise red flags,
informing conversation among ourselves, and
with our grantees

Will help us present to our board the financial
issues our grantees are dealing with

Saves us time and resources
“We have a small staff,
“Financial SCAN
so adding an in-depth
helps us manage
financial review to our
our financial
due diligence was close
analysis in a
to impossible. With It’s
systematic way.
Financial SCAN, it’s tool
a very valuable
almost as if didn’t have
that we we hired a
part-time before.”
staff member
to do financial analysis
for us. It’s really
streamlining our efforts
in a tremendous way.”

8. Financial SCAN demonstration

9. Q&A

10. Thank you!
Peter Kramer
Manager, Advisory Services
617-204-9772
peter.kramer@nffusa.org
To learn more:
www.guidestar.org/financialSCAN
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