GuideStar led the first revolution in nonprofit transparency by posting IRS Forms 990 online nearly two decades ago. That resulted in greater accountability in nonprofit practice and greater transparency in compensation, program effectiveness, and giving across the sector.
Now we’re helping to lead a second revolution. We want to expand the definition of transparency to be more timely, interactive, inclusive, and comprehensive.
2. AGENDA
Introduction
• Welcome
• Purpose
• Logistics
Mari Kuraishi
Chair, Board of
Directors
GuideStar’s work
• GuideStar 2020 strategic plan
• Review of 2013 programmatic results
• Lessons learned
Jacob Harold
President &
CEO
GuideStar’s finances
• Review of 2013 financial results
James Lum
CFO
Question & answer session
Audience questions
#GuideStar
10. 2014 Objectives
1: Refresh ONE GuideStar - EXternal
4: Improve Financial Sustainability
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Update GuideStar.org
Refresh GuideStar brand identity
2: Create 21st Century Business Model
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Launch Simplify project (TAG)
Increase GX participation to field-wide standard
Conduct product portfolio strategic planning short-term and long-term
Extend SaaS products to more community
foundations and other communities of interest
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Rearticulate membership program
Raise sufficient philanthropic capital
Exceed the Direct Sales budget by 10%
Increase E-Commerce revenue - in
particular volume-based growth
Manage expenses (relative to revenues)
to maintain minimum cash level and cash
flow
Create financial culture for organization
supported by appropriate policies,
processes, and systems
3: Enhance Data
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Increase data quantity and type to increase
appeal of search products to target market
segments
Improve program data or tools to strengthen
current and enable new products
Improve data accessibility, usability, and quality
to strengthen current product offerings and
enable new products
#GuideStar
5: Reinforce One GS .Org - INternal
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Strengthen GS culture and values
Create clarity on roles, responsibilities,
and internal collaboration systems and
processes
Create systematic and data-driven
decision-making processes
16. Disclaimers
• 2013 numbers are preliminary and unaudited
• Safe Harbor disclosure:
Historical results are not necessarily indicative
of future results. All forward looking
statements contain known and unknown risks
that may result in future results that are
materially different from historical results.
#GuideStar
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