JSS Search’s Post

Reminder: Our webinar on Financial Turnaround in the Not-For-Profit Sector is fast approaching!   📆 Date: Thursday 26th September 🕑 Time: 12:00 – 13:00   Join Nia Ross and Simon Hopkins for an insightful 60-minute session on the key skills needed for effective turnaround leadership as charities face overwhelming demand for their services. This will be a great chance to share your thoughts on this pressing topic.   Haven’t registered yet? There’s still time – register here:   🔗 https://lnkd.in/eEMAE6CT   Can’t attend live? No problem – sign up, and we’ll send you the session recording!   #NotForProfit #CharitySector #FinancialTurnaround #CharityUpdates #NFPInsights

Charities can gain immense value by having a qualified finance professional on their board. Their expertise can guide informed financial decisions, ensuring sustainability and maximising mission impact. From my experience at Digithouse, I believe that the unique financial challenges charities face can be better navigated with strategic financial planning and expert governance. For example, the Nonprofit Finance Fund has demonstrated that sound financial consulting can boost revenue by an average of 18%. Key Benefits of Finance Experts on Nonprofit Boards: - Enhanced financial management and strategic planning - Improved governance and regulatory compliance - Increased credibility with donors However, finding qualified professionals willing to serve and managing potential conflicts of interest remain challenges. There's a bright future for greater collaboration between the corporate and nonprofit sectors to narrow this expertise gap. What’s your take on having finance experts on charity boards? Have you seen it transform an organisation's effectiveness? #Impact #Digithouse

📈 Just finished reading the fantastic article "Economic Outlook: An Imperative to Look Forward" by PwC UK partner Daniel Chan on Charity Finance from Civil Society Media Ltd! ➡️ This gem dives into the importance of forward-thinking amidst economic challenges. With a sharp analysis of recent trends, it highlights the power of strategic planning to sail through uncertain times. A must-read for anyone in the finance world, especially in the non-profit sector! 💼🌍 👁️ Don't miss out—check it out here: https://bit.ly/3XMdEva #Finance #NonProfit #EconomicOutlook #StrategicPlanning #PwCUK

𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗮 𝗡𝗼𝗻𝗽𝗿𝗼𝗳𝗶𝘁 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝗲𝗿 Understanding the pivotal role of a treasurer in nonprofit organizations is essential for anyone involved in the sector. 📊 𝙉𝙤𝙣𝙥𝙧𝙤𝙛𝙞𝙩 𝙏𝙧𝙚𝙖𝙨𝙪𝙧𝙚𝙧𝙨 have multifaceted responsibilities, from ensuring financial transparency to collaborating effectively with the board and staff. It's about more than just overseeing the finances—it's about staying transparent and making strategic decisions. Ongoing training and professional development keep treasurers updated on best practices and regulatory changes. 𝙎𝙪𝙘𝙘𝙚𝙨𝙨𝙛𝙪𝙡 𝙩𝙧𝙚𝙖𝙨𝙪𝙧𝙚𝙧 𝙡𝙚𝙖𝙙𝙚𝙧𝙨𝙝𝙞𝙥 𝙘𝙖𝙣 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩𝙡𝙮 𝙞𝙢𝙥𝙖𝙘𝙩 𝙖 𝙣𝙤𝙣𝙥𝙧𝙤𝙛𝙞𝙩'𝙨 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙨𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙖𝙣𝙙 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙨𝙪𝙨𝙩𝙖𝙞𝙣𝙖𝙗𝙞𝙡𝙞𝙩𝙮. For new treasurers, tapping into resources and tools available is crucial. ❓ 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝘆𝗼𝘂: - How does your nonprofit ensure financial transparency? - How do you think a strong treasurer can influence a nonprofit's success? 🗨️ 𝙇𝙚𝙩 𝙪𝙨 𝙠𝙣𝙤𝙬 𝙞𝙣 𝙩𝙝𝙚 𝙘𝙤𝙢𝙢𝙚𝙣𝙩𝙨! 🩵💰🩵 #bcs #nonprofitbookkeeping #nonprofitaccounting #nonprofit #financialmanagement #NonprofitLeadership #FinancialTransparency #BoardCollaboration #TreasurerRole #NonprofitFinance #ProfessionalDevelopment #LeadershipInNonprofits

𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗥𝗼𝗹𝗲 𝗼𝗳 𝗮 𝗡𝗼𝗻𝗽𝗿𝗼𝗳𝗶𝘁 𝗧𝗿𝗲𝗮𝘀𝘂𝗿𝗲𝗿 Understanding the pivotal role of a treasurer in nonprofit organizations is essential for anyone involved in the sector. 📊 𝙉𝙤𝙣𝙥𝙧𝙤𝙛𝙞𝙩 𝙏𝙧𝙚𝙖𝙨𝙪𝙧𝙚𝙧𝙨 have multifaceted responsibilities, from ensuring financial transparency to collaborating effectively with the board and staff. It's about more than just overseeing the finances—it's about staying transparent and making strategic decisions. Ongoing training and professional development keep treasurers updated on best practices and regulatory changes. 𝙎𝙪𝙘𝙘𝙚𝙨𝙨𝙛𝙪𝙡 𝙩𝙧𝙚𝙖𝙨𝙪𝙧𝙚𝙧 𝙡𝙚𝙖𝙙𝙚𝙧𝙨𝙝𝙞𝙥 𝙘𝙖𝙣 𝙨𝙞𝙜𝙣𝙞𝙛𝙞𝙘𝙖𝙣𝙩𝙡𝙮 𝙞𝙢𝙥𝙖𝙘𝙩 𝙖 𝙣𝙤𝙣𝙥𝙧𝙤𝙛𝙞𝙩'𝙨 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙨𝙩𝙖𝙗𝙞𝙡𝙞𝙩𝙮 𝙖𝙣𝙙 𝙡𝙤𝙣𝙜-𝙩𝙚𝙧𝙢 𝙨𝙪𝙨𝙩𝙖𝙞𝙣𝙖𝙗𝙞𝙡𝙞𝙩𝙮. For new treasurers, tapping into resources and tools available is crucial. ❓ 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝘆𝗼𝘂: - How does your nonprofit ensure financial transparency? - How do you think a strong treasurer can influence a nonprofit's success? 🗨️ 𝙇𝙚𝙩 𝙪𝙨 𝙠𝙣𝙤𝙬 𝙞𝙣 𝙩𝙝𝙚 𝙘𝙤𝙢𝙢𝙚𝙣𝙩𝙨! 🩵💰🩵 #bcs #nonprofitbookkeeping #nonprofitaccounting #nonprofit #financialmanagement #NonprofitLeadership #FinancialTransparency #BoardCollaboration #TreasurerRole #NonprofitFinance #ProfessionalDevelopment #LeadershipInNonprofits

In today's landscape, the importance of having a qualified finance professional on a charity board cannot be overstated. These experts bring with them a wealth of knowledge in financial planning, risk management, and strategic decision-making. With the many financial challenges that nonprofit organisations face, such as limited resources and funding unpredictability, the expertise of finance professionals is invaluable. They can help develop robust financial strategies, ensuring long-term sustainability. 🔍 Additionally, their presence can bolster credibility, potentially attracting more donors and partnerships. However, challenges do exist. The busy schedules of finance professionals may deter them from joining charity boards, and smaller nonprofits might find it difficult to recruit qualified individuals. Yet, the trend of recruiting finance expertise is on the rise, leading to greater accountability and transparency. At Digithouse, we firmly believe this professionalisation will revolutionise charity operations for the better. What are your thoughts on this evolving trend? #CharityFinance #NonProfit #FinancialManagement #BoardLeadership #Sustainability #Digithouse

What sets your nonprofit apart? Learn about sustainable financial models and how to position your organization effectively. Discover the key factors that make your nonprofit unique and understand the importance of a sustainable financial model. Find out how to effectively position your organization in relation to the problem you aim to solve. Join us in this insightful discussion! #NonprofitDifferentiation #FinancialSustainability #EffectivePositioning #NonprofitSuccess #SustainableModels #MakingADifference #SocialImpact #NonprofitTips #StrategicPlanning #NonprofitFundraising

“At GJC, our Non-Profit roundtable discussions are a chance to bring together nonprofits to share insights and ideas on the challenges they face. We dive into topics like navigating regulatory hurdles, improving financial planning, and keeping up with tax policies, all with a focus on finding real solutions that can help participants thrive. Our next Roundtable is October 23, 2024 at the Scarab club. We will be discussing Cash Flows, Projections, & Forecasts. Hope to see you there.” -Erica Battle- GJC Principal #GJCRoundtable #ThoughtLeadership #NonprofitGrowth #BusinessSolutions #FinancialPlanning #RegulatoryCompliance #TaxStrategies #ClientEngagement #ProfessionalDevelopment #CommunityConnections #BusinessLeadership #NonprofitSuccess

There is a common trend in the #nonprofit sector where many organizations have poor #WorkplaceCultures. There are many factors that impact this, but one of the biggest is the lack of #financial support for #operations. Most organizations are doing the best they can will the little they have. Check out the full conversation at https://lnkd.in/gtZS_fi9