Nys is a charity that gives to charities by giving them information on how much money they make.
Nys founder and CEO, Alex McLean, tells Recode that the company was launched in 2016, but the numbers game is just getting started.
“We had a team of people in the UK, in Germany, and across the US and Canada, and that’s just what we’re doing now,” he says.
The numbers game began when Nys noticed that some charities were getting their numbers from charities with very different data sources.
In 2017, the Nys team started looking at what charities could do to be more transparent.
The problem with that approach, McLean says, was that they couldn’t account for the fact that some people are making a profit from their work, and others are making money from a charity’s activities.
So the question became: How can we make charities more transparent?
The answer, of course, is to find ways of making charities transparent, because otherwise the numbers won’t be the same.
So how does the company use data from charities to create a more complete picture of how much charities make?
The company has developed a tool called Nys-C, which is essentially a tool for the charities bureau to collect and share all of the numbers it collects on their websites and social media channels.
“The idea is to take all the data that the charities have, and we can sort it into different buckets and give it to charities to sort it out,” McLean explains.
The more you can tell from the charities data, the more likely you are to get a better understanding of what is going on and where they’re at.
And, of the charities that can be tracked through the NYS-C tool, the biggest winners have been charities that have been most transparent in how they are collecting and reporting their numbers.
For example, the charity Samaritan’s Purse has been a big winner.
The charity has not only been transparent with its data, it’s also made the most of its information to provide the best support and advice for people struggling with depression, anxiety, and post-traumatic stress disorder.
“When people talk about charities, they’re talking about a huge number of charities that don’t always make the best decisions,” Mclean says.
“I think it’s important for people to know how much support there is in a particular situation.
If we can get all the information we need to make a decision, we can make a better decision.”
Nys has also been working on a tool that helps charities track how many donors they have to, so they can better make the most out of the donations they make to them.
McLean tells Recoder that the charity is trying to use the data to help make the charities’ operations more efficient.
The company, however, also has a different goal in mind.
“Our focus is not to make money, but to make life better for people,” he explains.
“It’s a huge part of the reason why we decided to start the charity in the first place.”
Recode reached out to the Nies team to find out how the company came to its decision to start a charity.
Nys was already working on an app called the Nynx, which allows the charity to make the donations that it does.
The app lets charities track the amount of money they have raised from donors and track how much of that money goes towards providing relief to people in need.
The idea behind Nys, Mclean tells Recade, is that there are lots of charities out there that have already raised millions of dollars for their charities, and they are doing a good job of doing what they can.
But those donations have not been reinvested in the charities they work with, and are being given to people that are in dire need.
In this case, Mc Lean says, it makes sense to give more money to those that are doing the best they can to provide relief.
“If you give a little more, and you know that’s going to be an improvement, that’s a good thing,” he points out.
But if there are some people that need relief, how can Nys help them?
In the case of the Samaritan Foundation, Nys’ approach is that they would like to give them a better idea of what to expect from the charity.
And they want to know where to go to find the best help.
“You don’t want to go down the wrong path,” Mc Lean explains.
They want to see if there is a way that they can make the charity more efficient, which in turn can improve the lives of the people they work for.
So Nys wants to give the charity a more comprehensive picture of where they are and what they’re doing.
The process of finding the best data for a charity is, of all the different ways that the Nymx tool can be used, the most time-consuming, Mc