Finance – CharityVillage https://charityvillage.com Find Your Position With Purpose Mon, 04 Dec 2023 17:12:23 +0000 en-US hourly 1 https://charityvillage.com/wp-content/uploads/2019/11/cropped-Charity-Village-icon-150-32x32.png Finance – CharityVillage https://charityvillage.com 32 32 What nonprofits can expect in 2024 and how to be better prepared: Budgeting in a sea of uncertainty https://charityvillage.com/what-nonprofits-can-expect-in-2024-and-how-to-be-better-prepared-budgeting-in-a-sea-of-uncertainty/ Fri, 01 Dec 2023 17:06:17 +0000 https://charityvillage.com/?p=707110 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 […]

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]]> Getting your Not-for-Profit Organization’s Financial Operations Ready for 2024 https://charityvillage.com/getting-your-not-for-profit-organizations-financial-operations-ready-for-2024/ Thu, 23 Nov 2023 17:00:51 +0000 https://charityvillage.com/?p=697925 Original Broadcast Date: November 23, 2023. Summary: 2024 is going to be another challenging year. Economic uncertainty remains, interest rates are still high, and money is hard to come by. Now is the time to prepare. In this webinar, Enkel focuses on: Helping you get the right people in the right seats on your finance team […]

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]]> What nonprofits can expect in 2024 and how to be better prepared https://charityvillage.com/what-nonprofits-can-expect-in-2024-and-how-to-be-better-prepared/ Mon, 13 Nov 2023 14:00:54 +0000 https://charityvillage.com/?p=704060 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 […]

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]]> Financial Statement Boot Camp: How to read, understand, and use financial statements to better run your nonprofit https://charityvillage.com/financial-statement-boot-camp-how-to-read-understand-and-use-financial-statements-to-better-run-your-nonprofit/ Thu, 12 Oct 2023 13:00:09 +0000 https://charityvillage.com/?p=695654 Original Broadcast Date: October 12, 2023. Summary: What’s a balance sheet, income statement, and statement of cash flows and why should you care? During this webinar, Enkel conducts a detailed walkthrough of financial statements and talks through accounting fundamentals like cash-based accounting versus accrual accounting, Generally Accepted Accounting Principles (GAAP), and Accounting Standards for Not-for-Profit […]

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]]> Reading and understanding financial statements for NPOs https://charityvillage.com/reading-and-understanding-financial-statements-for-npos/ Fri, 29 Sep 2023 17:39:19 +0000 https://charityvillage.com/?p=700129 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 […]

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]]> 14 things to consider when shopping for a new auditor https://charityvillage.com/14-things-to-consider-when-shopping-for-a-new-auditor/ Fri, 22 Sep 2023 14:00:31 +0000 https://charityvillage.com/?p=698581 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 […]

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]]> The treasurer’s role in a nonprofit and how to find the right person for the job https://charityvillage.com/the-treasurers-role-in-a-nonprofit-and-how-to-find-the-right-person-for-the-job/ Fri, 25 Aug 2023 14:18:44 +0000 https://charityvillage.com/?p=696116 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 […]

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]]> Outsourcing non-core functions: The pros, cons, and best practices https://charityvillage.com/outsourcing-non-core-functions-the-pros-cons-best-practices/ Fri, 23 Jun 2023 15:14:32 +0000 https://charityvillage.com/?p=689401 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 […]

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]]> Thriving Non-Profits Program is building financial resiliency in nonprofits https://charityvillage.com/building-financial-resiliency-for-your-nonprofit/ Fri, 16 Jun 2023 05:00:25 +0000 https://charityvillage.com/?p=671253 Considering administrative limitations within grants and contracts, changes in donor behaviours, inflation, and recession, how do non-profits and charities build financial resilience into their operations?   Organizations across Canada are participating in the Thriving Non-Profits program and creating financially sustainable paths forward, customized for their organizational needs. Applications are now open.   Thriving Non-Profits is a ground-breaking […]

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]]> How an $18.6 million dollar fund helps community organizations own their own spaces https://charityvillage.com/how-an-18-6-million-dollar-fund-helps-community-organizations-own-their-own-spaces/ Fri, 09 Jun 2023 16:00:12 +0000 https://charityvillage.com/?p=688117 Future of Good and Social Venture Connexion are hosting the Social Finance Forum from June 15th to 16th. The reimagined Social Finance Forum convenes 1,000+ changemakers from coast-to-coast-to-coast to learn actionable insights, celebrate game-changing ideas, convene community, activate capital and reshape finance tools for a better future. We are proud to sponsor the Social Finance […]

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