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Collect Data to Create Business Insight

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Do You Make Sense of the Data You Collect?

There are numerous and diverse reasons for nonprofits to adopt data analytics and predictive modeling tools. The implications are enormous if you commit to making sense of the swathes of data you collect every single day.

For example:

  • They are helping membership organizations to more positively influence member engagement and utilization of benefits.
  • Healthcare providers are better able to optimize reimbursements under new payment methodologies by assessing quality metrics.
  • Educational institutions are embracing data analytics and predictive modeling to impact the way in which courses and institutions are marketed, curricula are structured, and students are monitored and supported.
  • Data analytics and predictive modeling tools are allowing organizations to be more strategic about donor outreach.

At our 2021 Virtual Nonprofit Educational Seminar, Wednesday, April 28, AAFCPAs’ Charlie Webb, CPA, CHFP, Vassilis Kontoglis, and R. Ben Davis will explore several applications for data analytics and predictive modeling. By sharing success stories, we hope to provide inspiration and insight into how these tools can best be utilized to optimize your nonprofit performance!

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About the Authors

Charles Webb, CPA, CHFP
Charlie specializes in providing assurance solutions to sophisticated nonprofit organizations, including: community health centers, home health agencies, nursing homes & senior care living organizations.  Charlie also has substantial experience providing assurance solutions to Massachusetts charter schools and has conducted trainings to charter school and community health center industry groups, including the Massachusetts Charter Public School Association and the Massachusetts League of Community Health Centers.  Charlie excels in audits in accordance with generally accepted auditing standards, Uniform Guidance/Single Audit and Government Auditing Standards.
Vassilis Kontoglis
Vassilis is a senior member of AAFCPAs' Business Process & IT Advisory practice with proven expertise in cyber security and IT risk assessments, data analytics and data visualization, and robotic process automation. He also has extensive expertise assessing IT general controls, and conducting System and Organization Control (SOC) attestations. He helps clients increase business process efficiency, effectiveness, and risk management.