Nonprofit Finance Fund Financial Health Analysis
The CDP invites you to explore our newest reporting tool, the Financial Health Analysis (FHA), a suite of reports that provides fresh context about an organization’s financial picture. Designed in collaboration with financial experts at Nonprofit Finance Fund and powered by CDP data, the FHA digs deeply into an organization’s data to help staff and board better understand and communicate its strengths and needs.
Click the image below to watch a brief video on the NFF Financial Health Analysis (90 sec.)
Organizations can use the FHA to give themselves a financial health “check-up;” inform business and strategic planning; start conversations among staff, board, funders, and stakeholders; and more.
The FHA lets organizations do more with their data by providing tools and interpretation to better tell their stories. Ultimately, we hope this report will help arts and cultural nonprofits achieve better balance, both financially and artistically.
We at the CDP hope that the FHA will be just the first in a series of new resources, to be developed with experts in the field, that will provide deeper analysis and context for an organization’s CDP data.
How to generate the Financial Health Analysis
If your organization participates in the CDP and has submitted two or more years of data, including balance sheet information in Section 8, you can get your FHA by following these steps:
- Login to your state’s CDP site.
- Click on My Reports from the left menu.
- Choose Nonprofit Finance Fund Financial Health Analysis from the POWERED BY CDP menu.
Grantmakers with questions about the FHA can contact the Grantmaker CDP Help Desk by email at firstname.lastname@example.org or at 855-322-3282.
The Financial Health Analysis is a collaboration between the Cultural Data Project and Nonprofit Finance Fund, funded in part by the William Penn Foundation.