2021 Annual Benefit Report

NetRaising had a stable year in 2021 despite the ongoing global pandemic. It did not require nor accept any government or privately funded loans or grants. All employees retained their full-time employment and NetRaising fulfilled an increase in base compensation for all employees that exceeds Washington State’s new standards for salaried employees. There were no changes in personnel and the business continues to be both socially and financially profitable. NetRaising also migrated all its hosted client websites into a greenhouse-gas-neutral data center and upgraded all of its hosting hardware, software, backups, and security.

Social Benefit

- 3 living-wage jobs
- 50 nonprofit, education, and government organizations served
- 59+ public websites supported (and additional private extranets)
- See new projects list at the bottom of this report

Environmental Responsibility

- 100% of our team operated from virtually-connected home offices
- 0 miles of commuting by bike or walking
- 0 miles of commuting for work by car
- 2 reams of printer paper were purchased for our nearly paperless office
- 0 miles of work-related air travel
- 100% leased host servers are in a Greenhouse Gas Neutral Data Center

Financial Sustainability

Client Retention:
- 95% of this year’s projects were for existing clients
- 7.8 years = average length of client loyalty

New Client Acquisition:
- 3 clients were new to us during 2021

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

Revenue:
- 2% decrease in gross revenue
- 29% decrease in net revenue
- 4% decrease in pre-contracted services
- 89% of revenue came from pre-contracted services

Expenses:
- 21% of revenue went to the owner as compensation
- 79% of revenue went to employees, associates, and operational expenses

Nonprofit and Government - New Launches, Branding Updates and Major Software Upgrades

Kôr Land Trust 2020 Annual Report
IMEU 2020 Annual Impact Report
Oregon Department of Justice
Kôr Land Trust
Clatsop Community Action (CCA) Brand Identity
AAUW Seattle
AAUW Oregon Special Projects Fund
Oregon Consumer Justice Branding
Intracranial Hypertension Research Foundation (IHRF)
Returning Veterans Project 2020 Impact Report
Oregon Coalition of Local Health Officials