1st Comment: Data In the Nonprofit Sector

Data is surely one of the most important factors when starting a nonprofit.

Data collection is not a new idea in the nonprofit sector, but it has mostly been touted as a means of

supporting financial accountability and transparency in the past. A recent survey of about 400 nonprofits by the Nonprofit Technology Network found that while 89% of the nonprofits surveyed tracked data about their finances, only 50% consistently tracked data on how their work affected the people it was designed to help. But as in every aspect of life, from the electing of presidents to the raising of children, experts say data is starting to trump intuition when it comes to funding choices.