Surplus for Purpose – A Workshop in Funding Resilience and Systemic Impact
Based on our analysis of ACNC financial statements, 30% of operating NFPs (as opposed to foundations and trusts) failed to return any operating surplus. While 41% returned an operating surplus less than 5% and 52% returned a surplus less than 10%.
With declining donors, a skewed donation base, a downward trend in government funding, increasing demand, and a worsening of economic conditions, this issue is leaving most NFPs vulnerable to policy and cost disruptions. With 38% vulnerable to cost and funding disruptions.
In addition, there is an absence of :
- Meaningful and useful benchmarking and governance data to guide NFP managers and directors; and
- Sector specific management and governance tools, frameworks, and diagnostics based on pertinent benchmarking insights.
To address these challenges, we have completed a comprehensive statistical analysis of the 60,000 financial statements lodged with the ACNC.
Based on this analysis, and our previous engagements in the NFP sector, we have developed a two-day workshop to deliver a comprehensive set of frameworks, tools, diagnostics, and financial benchmarks to support Funding Resilience and Systemic Impact.
Download the Detailed Agenda here – Surplus for Purpose
Registration and workshop details to follow in early 2024. Or contact us for a custom in-house presentation as part of your strategy planning.