What nonprofits can expect in 2024 and how to be better prepared: Budgeting in a sea of uncertainty

As we step into 2024, nonprofits face a unique set of challenges and opportunities. The landscape is changing rapidly, marked by economic fluctuations, evolving donor expectations, and an increasingly digital world. In this second part of our insightful series, “What Canadian Nonprofits can Expect in 2024 and How to Be Better Prepared,” we delve into […]

What nonprofits can expect in 2024 and how to be better prepared

Want to learn more on this topic? Join us and Enkel for a free webinar on November 23, Getting Your Not-For-Profit Organization’s Financial Operations Ready for 2024. Register today.  This article is the first in a two-part series exploring the four big trends shaping the new year. In an ever-evolving landscape, nonprofits find themselves at […]

Reading and understanding financial statements for NPOs

Interested in learning more about financial statements for NPOs? Watch our free webinar recording! Not-for-Profit Executive Directors, operational leaders, and board members spend a lot of time thinking about financial statements and the story they tell about the organization’s overall performance and success. In fact, accounting in a Not-for-Profit organization generally undergoes more rigour and can […]

14 things to consider when shopping for a new auditor

In October 2011, the new Canada Not-for-Profit Corporations Act (CNCA) came into effect to govern not-for-profit corporations incorporated federally. In a nutshell, the Act was designed to ensure that organizations receiving public funds are sufficiently transparent and accountable for that income and its related spending. Depending on the size of your organization, and your gross […]

The treasurer’s role in a nonprofit and how to find the right person for the job

Every nonprofit, regardless of size or focus, needs a capable person who can oversee the organization’s financial management and operations. The treasurer is a member of the organization’s board of directors or a part of the finance committee, and their primary responsibility is to oversee and manage the financial affairs of the nonprofit. Because the […]

Outsourcing non-core functions: The pros, cons, and best practices

Interested in learning about outsourcing non-core functions at your nonprofit? We’ve partnered with Enkel to offer a free webinar on August 10. Register here. To hire in-house, or to outsource? That is the question that most nonprofits face at one point or another along their journey. It’s a big decision and one that should not be […]

How to best prepare your Not-for-Profit for uncertain times?

Are we on the cusp of an economic downturn? Most economists agree that a recession is imminent. This webinar discusses how you can prepare your not-for-profit for uncertain times, and even find opportunities to thrive. Learn about planning, tools, and decisions you can make to help weather the storm and come out on top. From […]

How to prepare a budget for a grant proposal in 3 steps

In Canada, there are many grants and funding opportunities open to nonprofit organizations and growing businesses. Some are specifically designed to support hiring or skills training, while others are geared toward social development programs or innovative research projects.  Because grants are non-repayable funds provided by a corporation, trust, foundation or governmental department, grant approval is […]

Importance of a nonprofit budget

Upcoming webinar: Budgeting and forecasting for nonprofits & charities Want to learn more about budgeting best practices?  Join our upcoming webinar with CharityVillage—“Budgeting and Forecasting for Nonprofits & Charities”—on Thursday, August 11, 2022, at 10 am PT / 1 pm ET.  During the webinar, we’ll discuss the importance of having a budget, the differences between […]