In the 2024-2025 Annual Report of Australian Charities and Not-for profits Commission (ACNC), 73.4% of charities submitted their 2024 Annual Information Statement on time. However, in the same report, 143 charities were contacted to fix errors in their financial reports. This resulted in cumulative changes of $2.8 billion in total revenue. Funders and donors are placing greater emphasis on financial...

For Australian not for profits (NFPs), the end of the financial year (EOFY) is about more than meeting compliance requirements. It is an opportunity to evaluate financial performance, identify potential risks, and plan confidently for the year ahead. Whether you’re a small community charity or a large national NFP, reviewing key financial reports after EOFY helps boards make informed decisions...

Australian not for profits (NFPs) are operating in an increasingly uncertain funding environment. The Australian Communities Foundation’s 2025 NFP Resilience Report found that just one in four NFPs feels financially stable, with many relying on short-term funding to sustain their operations. In this environment, a well-prepared budget is much more than a financial document. It is a roadmap that helps...

Running a successful not-for-profit (NFP) or service business isn’t just about balancing the books—it’s about understanding what your numbers are telling you. Whether you’re delivering community impact or growing a professional services business, tracking the right Key Performance Indicators (KPIs) gives you greater visibility over your financial health, helps you make informed decisions, and positions your organisation for sustainable growth....

Payroll is one of the most important functions in any organisation. Employees expect to be paid correctly and on time, while regulators expect businesses and not for profits (NFPs) to comply with complex workplace and taxation requirements. For small NFPs and professional service firms, payroll can become particularly challenging. Limited resources, changing award rates, grant-funded positions, part-time staff, contractors, and...

For many small businesses and not-for-profit organisations (NFPs), budgeting and forecasting can feel like educated guesswork. Revenue fluctuates, expenses shift unexpectedly, and funding cycles rarely align neatly with operational needs. Yet despite this uncertainty, financial clarity isn’t just an option but a necessity that goes beyond compliance. Whether you are a community organisation relying on grants or a professional services...

Australia’s not-for-profit (NFP) sector continues to grow in scale and importance. According to the 2025 Australian Charities Report by the Australian Charities and Not-for-profits Commission (ACNC), there are now over 52,000 registered charities in Australia, supporting around 1.54 million workers and contributing approximately $222 billion in annual revenue to the economy. While these numbers reflect a strong and active sector,...