Researching a potential or current grantee’s financial dynamics can be time-consuming. The lack of a consistent, objective method to analyze and compare nonprofit finances makes this task even more challenging.
GuideStar has partnered with the Nonprofit Finance Fund (NFF) to develop Financial SCAN, an online platform and report that draws multi-year financial data directly from nonprofits’ IRS Forms 990, presenting a standardized and comprehensive analysis of an existing or potential grantee’s financial well-being. Financial SCAN showcases a nonprofit’s financial condition over time, illuminating how well the organization is supporting its programs and operations. It provides a meaningful starting place for engaging current and potential grantees in a dialogue about their financial health and needs. The report presents a clear, easy-to-use representation of financial trends over time and narrative to assist with interpretation of results.
Join Pam Jowdy, Senior Product Manager, GuideStar, and Rebecca Thomas, Vice President of Strategy and Innovation, Nonprofit Finance Fund to learn more about how Financial SCAN can help your grantmaking process.
