2011 Annual Benefit Report

NetRaising worked on approximately 200 websites and launched 25 new or redeveloped websites during 2011. Ninety-two percent of those new launches were for nonprofits and schools. The company continues to operate virtually, keeping its environmental impact to a minimum. The business continues to be financially profitable and requires no investment capital or need to carry any debt.

Social Benefit

- 3.3 living-wage jobs
- 70 nonprofit and education organizations served
- 25 new or redeveloped

Environmental Responsibility

- operating from four virtually-connected home offices
- 4 reams of paper purchased for our nearly paperless office
- 0 miles of air travel
- 100% of host servers leased from a Climate-Positive Provider »

Financial Sustainability

Client Retention:
- 80% of new and redeveloped website projects were for existing clients

New Client Development:
- added 8 new clients

Debt/Investors:
- 0 (zero) debt balance carried beyond any 30-day period

Revenue:
- 5% increase in gross revenue
- 11% increase in net revenue
- 31% increase in pre-contracted services
- 67% of revenue came from pre-contracted services

Expenses:
- 54% of net revenue went to owners
- 46% of net revenue went to associates and expenses