What your nonprofit’s financial statements can tell you

This article lists and explains the various types of financial statements.

What nonprofits should ask themselves in an economic downturn

How exactly do we define the terms “economic downturn” and “credit crunch” and what are their real implications for the nonprofit sector?

Better start planning how you are going to manage the impact of the recession

Do you know how well prepared your organization is to withstand the growing impact of the recession? Have you developed and implemented a recession plan?

Getting back your GST

This podcast discusses which charities are eligible to reclaim their GST and what they need to claim on a yearly basis. It also explains the Public Service Bodies Rebate, and outlines other types of GST rebates that charities should be aware of.

Understanding financial ratios

This article defines and explains ratios that are used in financial analysis.

Managing endowments during difficult financial times

This article provides some ideas for what a charity can do when it has insufficient income from an endowment fund to meet its disbursement quota under the Income Tax Act.

Ethics Q&A: To fee or not to fee

Members, donors, voting rights – what to look out for when considering changes to membership fee structure.

Right on the money: What board members should know about their financial responsibilities

A basic knowledge of financial management is a must for nonprofit board members.

How the GST affects charities

We discuss the unique effect that the GST has on charities, the importance for the organization and its directors to understand their liabilities with regard to the GST, and how to determine whether a charity should register for a GST number.

Time for a financial fitness check-up?

This article discusses financial prudence and includes a quiz to assess financial controls.