Is your nonprofit ready for controllership services?
NPO
Controllership services can help nonprofit organizations effectively manage their financial and accounting operations. Read the blog to learn is your organization needs controllership support.
2023 Financial trends for NPOs in Canada: Changing Donor Demographics
NPO
Our third financial trends for NPOs blog talks about the changing donor demographics in Canada - more people of color, seniors and young adults.
2023 Financial Trends for NPOs in Canada: Optimizing Internal Processes with Technology
NPO
In our three part series, this second post talks about the changing landscape of technology, reporting, and accountability in nonprofits.
2023 Financial Trends for NPOs in Canada: The Economy and Government
NPO
In a three part series on the financial trends for NPOs, this post tackles how the economy and government funding are impacting nonprofit organizations.
7 Cash Flow Management Tips for Nonprofit Organizations
NPO
While the nonprofit sector shares many similarities with for-profit businesses, they also have some unique characteristics that can make them…
10 Basic Responsibilities of Nonprofit Boards
NPO
Nonprofit boards are responsible for a broad spectrum of legal and fiduciary duties. These range from advancing their organization’s mission…
Importance of Directors and Officers Insurance for Nonprofit Boards
NPO
Directors and Officers liability insurance (or D&O) protects nonprofit organizations and their boards against risks not covered by general liability…
How to Read a Balance Sheet for a Nonprofit
NPO
Your nonprofit organization has a fiduciary responsibility to report the details of its financial situation to donors and funders every…
6 Key Responsibilities of the Nonprofit Finance Committee
NPO
As part of your nonprofit’s board, the finance committee has a fiduciary responsibility to oversee all financial matters, ensure they’re…
Importance of an NPO Budget
NPO
For nonprofit organizations, financial sustainability is closely tied to effective operational management. Since this includes both the timely review of…
The Treasurer’s Role in a Nonprofit
NPO
Every nonprofit needs a capable board member who can take charge of the organization’s financial management. Unlike a paid executive…
How to Prepare a Budget for a Grant Proposal in 3 Steps
Accounting
In Canada, there are many grants and funding opportunities open to nonprofit organizations and growing businesses. Some are specifically designed…