Not For Profit
Our specialist Not For Profit team works with charities, trusts and incorporated societies. Our expertise is not just in numbers, but in nurturing the unique community-driven values that drive your organization.
Is there room for improvement in your Not for Profit?
We’re here to provide the sound advice you need.
How do I track funding to know that it is being used properly?
How far into the future is your funding secured? 1 year…. 2 years…
Do you dread preparing for your AGM?
That’s where we come in.
Financial Reporting and Compliance
We understand the complexities and nuances of Public Benefit Entity (PBE) financial reporting, particularly for Tier 2-4 entities. Our team is adept at preparing and reviewing financial statements that not only comply with the latest standards but also reflect the true financial position and performance of your organization. We ensure your financial reporting is transparent, accurate, and aligns with your stakeholders’ expectations.
Advisory Services
Our advisory services are designed to empower your decision-making. Whether it's strategic planning, financial management, or sustainability consulting, we provide insights that help you navigate the unique challenges and opportunities in the Not-for-Profit and Māori business sectors. We respect and integrate the principles of Te Ao Māori in our advice, ensuring solutions that are culturally appropriate and effective.
Process and Control Improvements
Recognizing the importance of efficiency and accountability, we offer process and control improvement services. Our team works closely with you to streamline financial processes, enhance internal controls, and implement best practices. This not only boosts efficiency but also strengthens the trust of your donors, members, and stakeholders.
Regular Reporting
Staying informed is key to effective management. We provide regular reporting services, offering clear, concise, and relevant financial information. These reports are designed to keep you updated on your financial status, helping you make informed decisions and keep your organization on track towards its goals.
At Whitelaw Weber, we're more than just accountants; we're partners in your mission. Our goal is to provide services that not only meet your financial needs but also support the broader objectives of your organization, ensuring a prosperous and sustainable future.
Start with a good foundation.
A good foundation provides credibility with stakeholders, the community and potential funders.
Have a clear vision and goals / founding documents.
Have well defined roles and responsibilities and transparent nomination processes.
Ensure you have well organised monthly processes, expectations and board reports.
Set up and maintain annual budgets and forecasts.
Ensure all board members are familiar with the legal regulations and requirements so you can mitigate any risks.
Future-proof with solid planning.
Like commercial entities, not-for-profit organisations need a plan to remain sustainable:
Fundraising - Safeguard your income by identifying those new grants and funds that have been created following COVID-19. Make sure you know what they are and how to tap into them.
Go digital - There is a plethora of digital tools (many at no cost) that can help you manage projects, connect with volunteers and track the performance of your organisation. It may even reduce the manpower needed to power your organisation - removing stress from your volunteers, and freeing them up to do more of the hands-on stuff.
Volunteer Recruitment - Remind your volunteers about all the ways they can support your work from helping with events and administration through to identifying new funding streams and sponsors.
Community Engagement - Leverage those digital tools for regular and frequent community and stakeholder engagement to maximize buy-in.
Whitelaw Weber’s expertise in supporting Not for Profit organisations.
Article: Fringe Benefit Tax Guide for Not-for-Profits
Article: GST for Not-for-Profits Explained
