Surplus for Purpose (Webinar)
Date: 26 Mar 2024
The not for profit and charities sector continues to struggle with generating sufficient surpluses to sustain its activities and snowballing demand.
Based on analysis of financial statements lodged with the ACNC, 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% of revenues, and 52% returned an operating surplus less than 10% of revenues.
With declining donors, a skewed donation base, a downward trend in government funding, increasing demand, and worsening economic conditions, insufficient surplus is leaving most NFPs vulnerable to cost or funding disruptions.
Join us at the Surplus for Purpose webinar, in which Victor Keddis of Inovyse Consulting will share –
- The principal findings of this analysis
- The key learnings and messages for the sector as a whole
- The results of the Surplus for Purpose survey recently conducted by ICDA; and
- A brief overview of the Surplus for Purpose workshops planned for May 2024.
This Webinar will take place live on:
Tuesday, 26 March, 2024
Melbourne, Sydney, Hobart, Canberra: 1pm to 2pm
Adelaide: 12.30pm to 1.30pm
Brisbane: Noon to 1pm
Darwin: 11.30am to 12.30pm
Perth: 11am to 12 noon
Price:
Free to ICDA members. Membership is free. Join now.
What's a Webinar?
A Webinar is a seminar that's conducted over the internet.
Viewers watch a remote presentation on their own screens at a set broadcast time and can participate by typing and submitting questions they would like answered by the presenter.
Our Webinars are recorded and a copy is sent out to every registrant by default. So if you aren't able to watch the Webinar live at the scheduled time, you don't need to do anything - we'll send you a copy you can watch at your own pace on your own screen.
Why Webinars work
You'll learn at a time that suits you
If you can't join us at the scheduled time, we will automatically send you a recording you can watch at your own pace.
You can ask your burning questions
Our Webinars include a 45-minute presentation followed by a 15 minute interactive Q&A session where you'll call the shots. You do so by typing your questions during the Webinar.
You don't need an IT degree
There's no complicated software involved. You just need a reliable internet connection to participate. We'll email you instructions at each step too. Simple!