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ARMANINO INTROS NFP BENCHMARKING Featured

Accounting firm Armanino has introduced Benchmarking for Nonprofits, analytical tools and services. It offers a dashboard and utilizes a large database of regularly updated financial data of more than 300,000 organizations, from sources including proprietary research, the Internal Revenue Service, federal websites and Amazon Web Services.

The system is designed to show NFP leaders “exactly where they stand with revenues and expenses, which elements of the organization are most costly, and how they perform against peers and even themselves,” Paul O’Grady, partner-in-charge of the nonprofit practice, said in a prepared statement. Priced at $2,000 annually for software and services, the system offers one license for access to benchmarking, organization profile analysis, profitability and sustainability and liquidity and balance sheet health analysis, along with personalized benchmarking results. Also included are a benchmarking scorecard and executive summary, set up and onboarding and customer support.

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