Nonprofit Balanced Scorecard

The Nonprofit Balanced Scorecard is a management tool that helps nonprofit organizations measure their performance by looking at multiple perspectives. Instead of just focusing on financial outcomes, it considers areas like organizational learning, internal processes, and stakeholder perspectives. This approach helps nonprofits align their activities with their mission, assess their progress, and improve strategic planning. By using a balanced scorecard, nonprofits can better understand their impact, ensure accountability, and enhance decision-making to achieve their goals effectively. It serves as a framework to translate their mission into actionable strategies.