2024 Annual Benefit Report
NetRaising had a socially beneficial year in 2024 making strategic investments in technology and staffing. It migrated all its hosted client websites into new dedicated servers in a greenhouse-gas-neutral data center and upgraded all hosting hardware, software, backups, and security systems. In response to changes in software licensing, NetRaising was able to secure full or partial software grants for all of its 501(c)(3) nonprofit clients. It also completed the rigorous recertification process to remain a Certified B Corp and prepares this report in compliance with its Oregon Benefit Company corporate designation duties. NetRaising hired one new associate consultant to replace a short-term hire.
Social Benefit
- 3 living-wage jobs
- 49 nonprofit and government organizations served
- 60+ public websites (and additional private extranets) supported
- See our 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
- 0 miles of work-related air travel
- 2 reams of printer paper were purchased for our nearly paperless office
- 100% leased host servers are in a Greenhouse Gas Neutral Data Center
Financial Sustainability
Client Retention:
- 100% of this year’s completed projects were for existing clients
- 8.9 years = average length of client loyalty
New Client Acquisition:
- 4 clients were new to us during 2024
Debt/Investors:
- 0 (zero) unsecured debt balance carried beyond any 30-day period
Revenue:
- 2% decrease in gross revenue
- 9% increase in net revenue
- 2% decrease in pre-contracted services
- 81% of revenue came from pre-contracted services
Expenses:
- 6% of revenue went to the owner as compensation
- 94% of revenue went to employees, associates, and operational expenses
Nonprofit - New Launches, Branding Updates and Major Software Upgrades
Open Adoption
A to Z Staffing
North by Northeast Community Health Center