Enter the tangible and intangible value to the community ($), the total time invested (days), and the total amount of money spent ($) into the SROI Calculator. The calculator will evaluate the SROI.
SROI Formula
The following formula is used to calculate the SROI.
SROI = (TV + ITV) / (T+M)
Variables:
- SROI is the SROI
- TV+ITV is the tangible and intangible value to the community ($)
- T is the total time invested (days)
- M is the total amount of money spent ($)
How to Calculate SROI?
The following steps outline how to calculate the SROI.
- First, determine the tangible and intangible value to the community ($).
- Next, determine the total time invested (days).
- Next, determine the total amount of money spent ($).
- Next, gather the formula from above = SROI = (TV + ITV) / (T+M).
- Finally, calculate the SROI.
- After inserting the variables and calculating the result, check your answer with the calculator above.
Example Problem:
Use the following variables as an example problem to test your knowledge.
tangible and intangible value to the community ($) = 50,000
total time invested (days) = 3
total amount of money spent ($) = 20,000
SROI = (TV + ITV) / (T+M) = ?
