10 Ways to Show Your Impact: Part 1
Community-based organizations are in a tough position: they work tirelessly towards goals that will have positive social or environmental impacts and they know they create a lot of value for the communities they serve – but, this value is hard to express and recognition from the community is hard to come by. The value created by community-based groups doesn’t get captured very well by standard financial statements because conventional accounting methods do not consider value beyond the financial returns.
Figuring out what to measure and how to do it