Cloud-Based Financial Management for a Growing Nonprofit

DonorsChoose.org is an online charity that makes it easy for anyone to help students in need. Teachers at over 66,000 public schools in America have created at least one project request on the site since it was launched in 2000, and over two million people have donated over $400 million to fund more than 700,000 projects. Over the past decade, the nonprofit’s annual revenue grew 15X to $75 million, and it continues to increase at a steady pace.

In light of this growth, DonorsChoose.org decided to adopt scalable software-as-a-service solutions across its business—including fundraising, supply chain procurement, customer support, file storage, and expense reporting. Naturally, the finance team also went in search of cloud-based software to replace its silo’d Blackbaud general ledger.

“We have a big, hairy, audacious goal of growing DonorsChoose.org to $100 million in revenue and Intacct is the perfect partner to scale with us along the way. The software delivers major productivity improvements for our team, but more importantly, it gives us access to trusted financial data on a real-time basis, which is a major benefit across our organization."
Andy Kaplan
CFO
DonorsChoose.org

Results with Intacct:

  • Increased overall finance team efficiency by 20%
  • Saved 50+ hours/month on rev rec, reporting, and A/P
  • Shortened monthly close by 60%
INDUSTRY
  • Nonprofits