“We monitor our progress closely using a variety of different metrics which we will publicly report on every month. We plan on having an internal review of effectiveness every six months, and an external review done every year. This will help us both evaluate our impact and set new goals for the following year. For more information you can contact us and ask specific questions.”
The major costs of any organization are time and money. The breakdown of our use of time and money are shown below.
Our major cost in running Charity Science is the time our unpaid staff and volunteers are putting in. This has an estimated opportunity cost of between $4,000 and $8,000.
Our major time costs were communications and networking. These reflect well what we want to spend the majority of our time doing and we feel as though we made good outreach/fundraising progress this month.
Excluding staff costs, our current financial cost is very low (~$36 this month). Costs are mostly fees from going to events and website hosting. They went down this month due to moving closer to events and thus reducing travel costs. We did not even feel it was worth the time to make the chart for this small a sum of money.
We track many different outputs but generally prefer the ones that are more directly connected to doing good (e.g. dollars donated to effective charities is better than website traffic). We feel this month was equally as effective overall as our average month.
Below are the outputs we tracked:
Money moved to evidence based charities: $1000+ this month (not including match)
Events: 9 attended, 2 hosted
This is a blog that details our month to month organizational progress as well as the more technical ideas we have. The RSS feed is just for this content, not for normal blog content.