Friday, April 29, 2011

Nonprofit Spending on Technology Is Steady

There was the Bronze Age, The Iron Age, and now there is The Technology Age.  It is almost imossible to do anything today without the aid of it.  Can you imagine what would happen if the internet just disappeared one day?  It's not hard to imagine the mass hysteria that would accompany that.  When it comes to nonprofits, they rely on technology as well, and one of The NonProfit Times' recent stories proves that.  Here's a snippet of it:

Despite a shaky economy, nonprofits’ investments in information technology (IT) staffing and other areas stayed remarkably steady and even saw some year-over-year growth in some areas.

Nearly 1,200 nonprofit professionals filled out the 5th annual “Nonprofit IT Staffing & Spending” survey sponsored by NTEN and The NonProfit Times. The report benchmarks salaries, outsourcing, recruiting, organizational structure, and other aspects of Information Technology practices in the nonprofit sector.

One of the findings that stood out: Only 40 percent of respondents reported that their organization has some type of formal technology plan. And much less than that (22 percent) reported that their organization had ever evaluated Return on Investment (ROI) of technology projects or programs.

The main thing to take away from this story is that no matter the economic conditions, there will always be room in a nonprofit's budget for technology, especially when it comes to IT.  Read the full article by visitng our website.

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