What is a Membership Forecast for Nonprofit Organizations?

Membership forecast forms are considered key parts of a forecast model and are often used by budgeting and membership managers to estimate revenues from membership fees in the coming months. Key functionality in this type of template displays actual year-to-date metrics like renewals, retention and expiration. The user then enters the forecasted figures for the remaining periods of the year. Once the user enters the membership fees, the revenues will automatically calculate. After this, the user enters drivers for the related membership expenses. The end result is a full profit & loss forecast specifically for this area of the organization. You will find an example of this type of template below.

Purpose of Membership Forecast Models

Nonprofit organizations use Membership Forecast Models to get a detailed picture of expected revenues and expenses related to their membership business. When used as part of good business practices in a Financial Planning & Analysis (FP&A) department, they can improve their membership-related strategies, as well as, reduce the chances that planners and executives overlook unexpected membership trends.

Membership Forecast Model Example

Here is an example of a Membership Forecast input form.

Membership Forecast for Nonprofit Organizations Example

Membership Forecast for Nonprofit Organizations Example

 

You can find hundreds of additional examples here.

Who Uses This Type of Template?

The typical users of this type of template are: Membership managers and budget managers.

Other Templates Often Used in Conjunction with Membership Forecast Models

Progressive Financial Planning & Analysis (FP&A) Departments sometimes use several different Membership Forecast Models, along with a complete forecast model and other management and control tools.

Where Does the Data for Analysis Originate From?

The Actual (historical transactions) data typically comes from enterprise resource planning (ERP) systems like: Microsoft Dynamics 365 (D365) Finance, Microsoft Dynamics 365 Business Central (D365 BC), Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP, Microsoft Dynamics SL, Sage Intacct, Sage 100, Sage 300, Sage 500, Sage X3, SAP Business One, SAP ByDesign, Acumatica, Netsuite and others.

In analyses where budgets or forecasts are used, the planning data most often originates from in-house Excel spreadsheet models or from professional corporate performance management (CPM/EPM) solutions.

What Tools are Typically used for Reporting, Planning and Dashboards?

Examples of business software used with the data and ERPs mentioned above are:

  • Native ERP report writers and query tools
  • Spreadsheets (for example Microsoft Excel)
  • Corporate Performance Management (CPM) tools (for example Solver)
  • Dashboards (for example Microsoft Power BI and Tableau)

Corporate Performance Management (CPM) Cloud Solutions and More Examples