When you are a charity receiving donations, you are expected to show donors proof of your work. This also applies if you are a social enterprise that has recruited investors.
Traditional methods of reporting in both cases are lacking. While impact reports do present positive change results, the metrics of evaluation are subjective and do not allow for ‘opportunity cost’ accounting. The latter is a critical factor driving decisions for many funders who – given the abundance of social projects in need of help and limited sponsorship monies – are pressed to produce a satisfactory return.
How can better reporting translate to increased funding? Find out more! (link in profile) #socent #socbiz #myharapan #socialvalue #SROI