EisnerAmper has announced it has launched NFP Insights, a proprietary benchmarking tool that can compare a nonprofit organization against a database of 500,000 other nonprofits.
The advisory and accounting firm said the tool is designed for tax-exempt organizations, donors, grant makers, board members and family offices and can segment organizations by geography, revenue and number of employees. NFP Insights can then compare key metrics such as:
- Compensation for various titles and roles
- Assets, revenue, operating expenses and other financials
- Investment manager fees
- Information technology spends
- Fundraising, grants and contribution data
The firm added a key differentiator for the offering is the availability of EisnerAmper non-profit and compensation professionals to further assist organizations with more complex analyses and data synthesis.
Candice Meth, national leader for EisnerAmper’s Not-for-Profit Services Practice, said: “In a difficult economy with never-before-seen fundraising challenges, NFP Insights can give nonprofits a competitive edge with regard to using data and analyzing trends to enhance operations and fundraising.
“NFP Insights will be particularly attractive to donors, private and public foundations, and donor-advised funds due to its ability to make grant-making due diligence more efficient and highlight key metrics.”
Mary Rizzuti, Compensation Resources MD, added: “This is also a great resource for not-for-profit boards and senior leadership for benchmarking executive compensation and understanding the composition of compensation packages for similarly situated executives.”