Not-For-Profit

In the not-for-profit world, continuity matters. Whether it’s a planned maternity leave or a sudden personal leave, the absence of a key finance leader can introduce uncertainty; not just in operations, but across your boardroom, your funders, and your internal team. These are often high-trust roles. The person stepping away […]

As we move through 2025, Executive Directors in the not-for-profit sector are managing in an environment that’s both mission-driven and metrics-focused. Pressures are intensifying, driven by evolving funding models and more rigorous stakeholder expectations, as well as ongoing operational challenges. Organizations with budgets between $3 million and $15 million are […]

You’ve just been appointed to the finance committee of a not-for-profit organization. It’s an important role that plays a key part in ensuring the organization’s financial health, transparency, and sustainability. But if this is your first time in such a position, it’s normal to feel like you’re figuring it out […]

Not-for-profit s are often tasked with doing more with less, making every dollar count. Yet, many organizations still rely on cheques for transactions, despite the rise of faster, more efficient digital payment methods. While cheques may feel familiar and secure, they often come with hidden costs that can drain resources […]

Many managers make decisions based on instinct, experience, or operational data—but too often, they lack access to timely, relevant financial insights that could sharpen their decision-making. While financial reporting is a core function of any accounting department, translating those numbers into meaningful business intelligence is where many organizations fall short. […]

As not-for-profit organizations and charities navigate a landscape of evolving donor expectations, economic challenges, and technological advancements, fundraising leaders are tasked with driving innovation while maintaining the personal touch that inspires generosity. In a recent webinar hosted by Part Time CFO Services and Yeeboo Digital, Kyle Paterson and Erik Rubadeau […]

As we reach the year’s halfway point, it’s an opportune moment for executive directors of not-for-profit organizations to pause, reflect, and strategize for the months ahead. The mid-year mark offers a critical juncture to assess your financial performance, recalibrate your goals, and implement strategies to maximize your organization’s impact for […]

Welcoming a new treasurer to your not-for-profit board is a pivotal moment that requires careful planning and execution. The treasurer plays a critical role in maintaining your organization’s financial health and integrity. Follow these comprehensive onboarding steps to ensure a smooth transition and set your new treasurer up for success. […]

In the intricate tapestry of corporate governance, two integral components play pivotal roles in steering an organization toward success: Management Reporting and Board Reporting. While these terms may appear synonymous, a closer examination reveals distinct purposes, audiences, and methodologies. This high-level exploration aims to shed light on the differences between […]

Introduction In the meticulous realm of financial management for not-for-profit organizations, the determination of the optimal reserve amount is a strategic undertaking crucial for long-term fiscal health. This article unravels the intricacies involved in this process, exploring the factors influencing the ideal reserve amount and the methods accountants employ to […]

In the dynamic realm of not-for-profit organizations, the strategic management of reserve funds is paramount to ensuring financial stability and sustained impact. While having reserves is undeniably essential, encountering a reserve fund at risk demands immediate and well-thought-out actions. This article provides an in-depth analysis of common threats to reserves […]

In the dynamic landscape of not-for-profit organizations, effective financial management is essential for long-term sustainability and impactful mission execution. At the forefront of this endeavour is the Finance Committee, a cornerstone of governance that plays a pivotal role in steering organizations through the intricacies of fiscal responsibility. In this comprehensive […]

As the calendar turns to a new year, businesses worldwide contemplate ways to fortify their operations and elevate performance. For many organizations, a key area of focus is the refinement of finance operations to ensure fiscal health and sustainable growth. In this article, we delve into ten strategic New Year […]

As the financial backbone of a not-for-profit organization, the role of a board treasurer is critical in ensuring the organization’s financial health and sustainability. While it may seem intimidating initially, with the right skills and knowledge, anyone can become an effective treasurer. In this comprehensive guide, we will explore the […]

Introduction In today’s challenging economic landscape, not-for-profits’ sustainability hinges significantly on their financial health. One crucial aspect of this financial well-being is the strategic management of operating reserves – a safety net of funds set aside for unforeseen monetary emergencies. We will explore the importance of operating reserves, how to […]

Financial leadership plays an instrumental role in the long-term success of nonprofit organizations. In this context, the role of a Finance Director is pivotal. They are the gatekeepers of an organization’s financial health, overseeing the management of financial resources, ensuring financial stability, and guiding the organization toward sustainability. This article […]

As a not-for-profit organization, measuring your performance and success is crucial for achieving your mission and impacting your community. Key Performance Indicators (KPIs) provide a framework for evaluating your organization’s progress and identifying areas for improvement. This comprehensive guide will explore the significance of not-for-profit KPIs and delve into the […]

In today’s rapidly evolving world, not-for-profit organizations face the challenge of adapting to an ever-changing landscape while striving to impact their communities and fulfill their missions significantly. The key to achieving this lies in embracing innovation as a driving force for success. By pushing the boundaries of traditional approaches and […]

Accurate forecasting is crucial for private businesses and not-for-profit organizations seeking to make informed decisions and plan for the future. However, biases can unintentionally influence forecasting, leading to inaccurate predictions. In this blog post, our accounting and finance team explores the importance of mitigating bias in forecasting and presents strategies […]

As a non-profit organization, having a clear strategy is crucial to achieving your mission and goals. A board strategy session is an excellent opportunity to bring your board members together to assess the organization’s progress, identify challenges and opportunities, and set the course for the future. Here are some tips […]