A Data-Driven Website Is an Interactive Website Kept Constantly Updated

question 31

True/False

A data-driven website is an interactive website kept constantly updated and relevant to the needs of its customers through the use of a database.

Recognize the significance of transparency in building trust with potential donors and the public.

Understand the contributions of private sector donations to nonprofit organizations and their societal impacts.

Differentiate between effectiveness and efficiency within the operations of nonprofit organizations.

Compare various models and approaches (like logic model, balanced scorecard) used for assessing nonprofit performance and outcomes.

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Definitions:

Present Value

The contemporary valuation of a sum of money to be received in the future, or of ongoing cash flows, based on an agreed upon return rate.

Cash Flows

The total amount of money being transferred into and out of a business, especially as affecting liquidity.

Discount Rate

The interest rate used in discounted cash flow analysis to determine the present value of future cash flows, reflecting the time value of money and risk of the cash flows.

Present Value

The current worth of a future sum of money or stream of cash flows, given a specified rate of return; it quantifies the concept of time value of money.