"A White Paper for Nonprofit Organizations: Understanding Cash Flow "

Nonprofit leaders are not always familiar with, or comfortable with, the subject of financial management. This means that financial challenges may be overlooked or ignored. But whether in a poor or a robust economic environment, those with responsibility for a nonprofit cannot disregard the implications of good financial management. With that in mind, one of the most important areas of finances for any organization is cash flow. With or without significant cash reserves, most small to mid-size organizations need to keep a watchful eye on their cash flow. This white paper will explore the importance of understanding how cash flows into and out of an organization and will present various cash flow reports and tools to help the leaders of nonprofits create an accurate picture of their organization’s financial situation.

Spotlight

United Way Greater Toronto

At United Way Greater Toronto, we care about the communities where we live, work and raise our families. We are tackling the big issues, like youth unemployment, growing poverty and access to crucial programs and services. Most importantly, we are investing where it matters most—in people. Join us in creating new possibilities. Join us and be an agent of change right here at home. Because behind every changed life, is someone like you who made it happen.

OTHER WHITEPAPERS
news image

New best practices to connect with today’s charitable donors

whitePaper | March 9, 2021

Nonprofits have adapted to the challenges of 2020 and pivoted from charity galas to virtual events, while ramping up digital outreach and direct mail campaigns. To help nonprofits continuously connect with donors Data Axle surveyed 1,200+ charitable donors and gleaned insights into their behaviors and preferences – including how they like to give, why they remain loyal, their legacy giving plans, and much more.

Read More
news image

Building a Data Management Strategy for Your Nonprofit

whitePaper | October 10, 2022

In a digital-first world, every organization needs a data management plan. Yet, fewer than 25% of nonprofits report having a plan in place. This means data is infrequently shared across departments and rarely used to make decisions or predict future stakeholder behaviors.

Read More
news image

Charity sector developments

whitePaper | April 1, 2022

This year there are increasing macroeconomic headwinds on the horizonaltogether. As we continue to operate in an uncertain environment this will undoubtedly increase the importance of the work of charities in our society. In this publication, we consider these headwinds, and the sector risks they present as well as the opportunities and practical considerations for charities. A particular focus will be on climate change and how charities can develop their response in this area. We also review wider developments in the charity world, including in relation to specific risks and external audit, as well as in the areas of tax and VAT.

Read More
news image

Technology For Nonprofits: Building Trust And Increasing Impact

whitePaper | October 10, 2022

Nonprots employ 12.3 million people and spend almost $2 trillion a year in the U.S. — from billions in payroll costs to everyday expenses like food and rent. But ination, interest rate hikes, and market uncertainty have pushed organizations to make the most of limited resources. With prices on the rise, nonprots are ghting to meet the needs of those they serve while losing volunteers to high gas prices and scrambling to recruit and retain sta.

Read More
news image

Confronting Wicked Problems 5 Strategies for Reimagined Leadership in the Social Sector

whitePaper | December 19, 2019

Our complex, changing world continually challenges leaders to be flexible and innovative. At the heart of efforts to create change, nonprofits, agencies, communities, and funders are working to uncover the roots of some of our greatest social issues, so-called “wicked problems.” At the Center for Creative Leadership, we have had the privilege to work alongside many social sector partners as they invest in improving the health of entire populations, transforming education to serve all, and alleviating persistent, intergenerational poverty. These experiences have led us to an increased understanding of the aspects of leadership that propel these efforts to greater success.

Read More
news image

Nonprofit Trend: In-House Payroll

whitePaper | December 22, 2021

Whether changing in-house payroll options or taking payroll in-house for the first time, you’re making an investment that should help you improve workflows and efficiencies, save time, save money, and provide real-time access to operational data. This White Paper, Payroll Shift – Nonprofits Trend Towards In-House Payroll, highlights the systems, procedures and technology needed to manage your most important assets.

Read More

Spotlight

United Way Greater Toronto

At United Way Greater Toronto, we care about the communities where we live, work and raise our families. We are tackling the big issues, like youth unemployment, growing poverty and access to crucial programs and services. Most importantly, we are investing where it matters most—in people. Join us in creating new possibilities. Join us and be an agent of change right here at home. Because behind every changed life, is someone like you who made it happen.

Events