Powered by analytics and intelligence, the new service offering helps nonprofit organizations develop long-term fundraising strategies, allowing organizations to focus resources more effectively
Armanino LLP (“Armanino”), a top 20 national accounting and consulting firm, announces the launch of its Strategic Development Outsourcing (SDO) service, providing the only resource of its kind in the accounting and consulting industry for nonprofit organizations. This new service brings a deliberate development approach powered by data and analytics to help organizations focus internal resources most effectively.
“Nonprofits have traditionally struggled with maintaining capital reserves, often prioritizing focusing on the organization’s mission over raising funds, which can lead to long-term issues with stability and viability,” says Armanino partner Eric Thomas. “SDO is a unique offering that brings the power of data, analytics and AI to fundraising, empowering nonprofits to build financial stability in an uncertain climate. It’s an exciting prospect that can change the game for the way nonprofits approach fundraising.”
Armanino’s Strategic Development Outsourcing service utilizes a three-phase approach to drive results:
- Providing an in-depth analysis of the organization's current fundraising performance, which is then compared to industry benchmarks of other nonprofit organizations
- Building out a three-year development model using predictive analytics to identify potential funding gaps
- Providing expertise to design a strategy to support bridging the funding gap
Armanino provides ongoing support in creating custom reports with donor analytics, maintaining a donor database, assisting with donor segmentation, major gift planning, detailed fundraising analysis, planned giving and compliance functions.
SDO employs several industry-leading strategies to evaluate organizations' existing donor base, source new prospects and gauge individual, corporate and institutional funding.
Armanino senior manager Morgan Falor remarks, “We are thrilled to offer a unique service designed to support organizations that are working towards worthy causes every day. We look forward to integrating technology and data-driven solutions so that nonprofits can optimize their internal resources and carry out their missions sustainably.”
SDO has the power to open up nonprofits to a world of previously inaccessible data tools and solutions so organizations can take full advantage of the collective resources and expertise Armanino’s state-of-the-art consulting practice offers.
Learn more about Armanino’s SDO offering.
About Armanino LLP
Armanino LLP is one of the 20 largest independent accounting and business consulting firms in the nation. A certified B Corporation®, Armanino provides an integrated set of audit, tax, business management, consulting and technology solutions to companies in the U.S. and globally. The firm helps clients adapt and change in every stage of business, from startup through rapid growth to the sale of a company. Armanino emphasizes smart technology, leading a cloud revolution of financial, operational, sales and compliance tools that are transforming the way companies do business. Armanino is an independent member firm of Moore North America Inc. (MNA), which is itself a regional member of Moore Global Network Limited (MGNL), one of the world's major accounting and consulting membership organizations. All the firms associated with MNA and MGNL are independent entities, owned and managed in each location. Their membership in, or association with, MNA or MGNL should not be construed as constituting or implying any partnership between them. In addition to its core consulting and accounting practices, Armanino operates its division, AMF Media Group (amfmediagroup.com), a media and communications services agency.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230119005123/en/
Contacts
Media
Trevor Davis
Gregory FCA for Armanino LLP
215-475-5931
trevor@gregoryfca.com