Blog Posts: Guidestar
Guidestar announced in January 2018, "Around 50 percent of the nation’s nonprofits are operating with less than one month’s cash reserves." That headline makes it sound like a half million charities could close if people stopped giving for a month. Oliver Wyman and SeaChange Capital Partners analyzed Guidestar's archived 990s from 2010-2014 to make this claim. Suzanne Coffman, Guidestar's editorial director, summarized the data from this study of nonprofit financials in a simple article (admittedly designed to market a Nonprofit Quarterly webiner): "Half of U.S. Nonprofits on Financial Precipice, New Report Finds." That's scary news.
The good news is that Guidestar's information is both old and incorrect.
Where can donors get answers to their questions about charity efficiency and effectiveness? Intelligent Philanthropy. Intelligent Philanthropy now publishes up-to-date answers to the most common questions donors ask.
No other online platform tackles all these important questions. Only Intelligent Philanthropy presents up-to-date nonprofit performance in one simple page. Intelligent Philanthropy still offers 160 data points about leadership, finances, strategy and impact via downloadable 2-page nonprofit Analytical Overviews for paid subscribers. However, donors who want the highlights without all the numbers and trend lines can now get what they want for free. Intelligent Philanthropy's 2013 release of nonprofit effectiveness and efficiency data finally makes it possible to give wisely without investing much time.