It’s Time to Democratize SROI Calculation

  1. Determine your project’s outcome indicators, which assess progress against specified outcomes. For example, if the outcome you’re looking to achieve is less waste, our indicator could be less waste going to a local landfill.
  2. Next, determine the value of these indicators through financial proxies. In the example given above, the cost of landfill charges could be your financial proxy.
  3. Prep your data for SROI calculation by deadweight and displacement, which is the percentage of the outcome that would have happened naturally even if your intervention hadn’t taken place. You’ll also want to consider attribution, that is, how much for the change that you’ve observed can be attributed to something or someone else?
  4. When it comes time for the calculations, our guide, SROI Prep (link), will walk you step by step through the math. It’s not difficult if you put some thought into it.
  5. If you’ve done the above but still need assistance, we’ve designed Riddl to make SROI calculation easy. We’ll walk you through the steps above, providing clear explanations, and will allow you to easily input all of your necessary SROI data. Then we’ll do the math for you with Riddl’s SROI calculator. You’ll be provided with easy-to-read reports that will show your year over year SROI, through an SROI ratio and the value associated with it.

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Senior Solution Consultant at Salesforce, Writer, Athlete, Outdoor Enthusiast, & Adventurer

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Jill Mersereau

Jill Mersereau

Senior Solution Consultant at Salesforce, Writer, Athlete, Outdoor Enthusiast, & Adventurer

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