Blog
Practical finance guides for charities
Budgets, cash flow, restricted funds, filings and board reporting, in plain English.
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Funding Work Overseas: How Canadian Charities Can Grant to Non-Qualified Donees
Since June 2022, Canadian registered charities can make grants to organizations that are not qualified donees, such as overseas partners, as long…
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Audit, Review Engagement or Compilation: What Does Your Charity Need?
It depends on your governing law, revenue and funders. Under Ontario’s ONCA, public benefit corporations with revenue of $500,000 or more need…
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How to Issue Official Donation Receipts in Canada: CRA Rules for Charities
An official donation receipt must show the charity’s name, address and registration number, a unique serial number, where and when it was…
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Form 990, 990-EZ or 990-N: Which One Does Your Nonprofit File?
File Form 990-N if your gross receipts are normally $50,000 or less, Form 990-EZ if gross receipts are under $200,000 and total…
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When Is the T3010 Due? A Filing Guide for Canadian Charities
The T3010 Registered Charity Information Return is due six months after the end of your charity’s fiscal year, every year, even if…
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5 Warning Signs of Cash Flow Problems in Your Nonprofit
The early warning signs of nonprofit cash flow trouble are delayed grant or donor payments, unexpected program or admin costs, no clear…
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Strengthening Donor Trust Through Financial Transparency
Donors give because they care about the cause. But caring isn’t always enough to keep them around. When they put their trust…
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Planning Your Nonprofit’s Financial Goals for the New Year
The last weeks of December are a good time for nonprofits to reflect on what worked financially during the past year and…
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Program vs Administrative Expenses: How Nonprofits Find the Right Balance
Program expenses directly deliver your mission; administrative and fundraising costs keep the organization running and funded. There is no single ideal ratio,…
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