Nonprofit CEOs and Finance Executives/Management...What is keeping you up at night?

This is an anonymous survey

Purpose

To understand the financial pressures that senior and executive staff of nonprofit organizations are feeling as a result of the pandemic.

Anonymous

Please know that your input is completely anonymous. You cannot be identified as I have not captured your email address nor will I ask you for your email address in this survey.

Survey Results

The survey results will be aggregated and released at the ONN www.nonprofitdriven.ca this October 2021 and published in the Goodcasting newsletter.

Please feel free to subscribe to the newsletter to receive the results and notifications of other free webinars and professional training.

Question Title

* 1. Please confirm the title of your position

Executive Director / Chief Executive Officer

Chief Operating Officer / Director of Operations

Chief Financial Officer / Director or VP of Finance / Controller

Manager of Finance / Accountant (staff position)

Contract Accountant / Bookkeeper (non-staff)

Question Title

* 2. Please state which province you reside in.

Alberta

British Columbia

Manitoba

Ontario

Quebec

Saskatchewan

New Brunswick

Nova Scotia

PEI/Labrador

Nunavut

Yukon

North West Territories

None of the above

Question Title

* 3. Please rank your concerns regarding the current economic climate and its potential impact on your nonprofit organization.

Please rank each of the following concerns with #1 being your highest concern.

Question Title

* 4. Managing through a financial crises is challenging, it takes the right training, knowledge, reports, practices and financial leadership to steward the crisis effectively.

Please rank each of the following concerns with #1 being your highest concern.

I worry that the finance committee and/or board do not understand the financial condition of the organization enough to steward it now or in the near future

N/A

I worry that the Executive Director/CEO and senior Finance staff member does not have the sufficient financial leadership knowledge and training to develop the financial analyses required to steward the organization

N/A

I worry that there is a lot of pressure placed on me to steward the organization in this difficult time

N/A

I fear that the organization has not prioritized financial resilience prior to the pandemic and this has left us vulnerable at this time

N/A

I worry that we didn't have enough of the systems and reports in place before the pandemic (ex. cash flow forecasts, custom reports, reserve strategy, etc.)

N/A

I do not have any of these worries or concerns

N/A

Question Title

* 5. Often finance staff cannot afford to spend time on financial analysis, forecasting and scenario planning because the finance teams are under-staffed or because they spend much of their time on manual processing and bookkeeping related tasks and reporting to funders.

How automated and integrated are the bookkeeping, accounting, and finance functions in your organization?

	Yes	No	In process	Don't Know
Timesheet processing is automated	Timesheet processing is automated Yes	Timesheet processing is automated No	Timesheet processing is automated In process	Timesheet processing is automated Don't Know
Payroll processing is automated AND integrated with the accounting system	Payroll processing is automated AND integrated with the accounting system Yes	Payroll processing is automated AND integrated with the accounting system No	Payroll processing is automated AND integrated with the accounting system In process	Payroll processing is automated AND integrated with the accounting system Don't Know
Expense claims processing is automated	Expense claims processing is automated Yes	Expense claims processing is automated No	Expense claims processing is automated In process	Expense claims processing is automated Don't Know
Credit card reconciliations are automated and integrated with the accounting system	Credit card reconciliations are automated and integrated with the accounting system Yes	Credit card reconciliations are automated and integrated with the accounting system No	Credit card reconciliations are automated and integrated with the accounting system In process	Credit card reconciliations are automated and integrated with the accounting system Don't Know
Bank statement reconciliations are automated	Bank statement reconciliations are automated Yes	Bank statement reconciliations are automated No	Bank statement reconciliations are automated In process	Bank statement reconciliations are automated Don't Know
Purchase requisitioning is automated	Purchase requisitioning is automated Yes	Purchase requisitioning is automated No	Purchase requisitioning is automated In process	Purchase requisitioning is automated Don't Know
At least 70% of payables are fully automated	At least 70% of payables are fully automated Yes	At least 70% of payables are fully automated No	At least 70% of payables are fully automated In process	At least 70% of payables are fully automated Don't Know
Invoice approval is fully automated	Invoice approval is fully automated Yes	Invoice approval is fully automated No	Invoice approval is fully automated In process	Invoice approval is fully automated Don't Know
At least 70% of receivables are automated	At least 70% of receivables are automated Yes	At least 70% of receivables are automated No	At least 70% of receivables are automated In process	At least 70% of receivables are automated Don't Know

Question Title

* 6. What other concerns do you have that were not listed above?

Question Title

* 7. We would like to understand if the results of any of the questions are more typical in some types of organizations (by size, jurisdiction, etc.).

Which source represents the largest source of revenue for the organization?

Federal government funding

Provincial government funding

Municipal government funding

Private Donations

Foundations

Endowment

Other

Question Title

* 8. Does your organization receive funding from one source that makes up 70% or more of the organization's total annual revenue?

Yes

Question Title

* 9. What is the gross annual revenue for the organization?

Under $1Million ($1M)

Between $1M - $3M

Between $4M - $6M

Between $6 - $10M

Between $11M - $20M

Between $21M - $40M

Between $41M - $65M

Over $66M

Thank you for participating in this survey.

If you would like to subscribe to the Goodcating eNewsletter to receive the results of this survey and news of free webinars and professional training, subscribe HERE.

Nonprofit CEOs and Finance Executives/Management...What is keeping you up at night?

This is an anonymous survey

Question Title

* 1. Please confirm the title of your position

Question Title

* 2. Please state which province you reside in.

Question Title

* 3. Please rank your concerns regarding the current economic climate and its potential impact on your nonprofit organization.Please rank each of the following concerns with #1 being your highest concern.

Question Title

* 4. Managing through a financial crises is challenging, it takes the right training, knowledge, reports, practices and financial leadership to steward the crisis effectively. Please rank each of the following concerns with #1 being your highest concern.

Question Title

Question Title

* 6. What other concerns do you have that were not listed above?

Question Title

* 7. We would like to understand if the results of any of the questions are more typical in some types of organizations (by size, jurisdiction, etc.). Which source represents the largest source of revenue for the organization?

Question Title

* 8. Does your organization receive funding from one source that makes up 70% or more of the organization's total annual revenue?

Question Title

* 9. What is the gross annual revenue for the organization?

* 3. Please rank your concerns regarding the current economic climate and its potential impact on your nonprofit organization.

Please rank each of the following concerns with #1 being your highest concern.

* 4. Managing through a financial crises is challenging, it takes the right training, knowledge, reports, practices and financial leadership to steward the crisis effectively.

Please rank each of the following concerns with #1 being your highest concern.

* 7. We would like to understand if the results of any of the questions are more typical in some types of organizations (by size, jurisdiction, etc.).

Which source represents the largest source of revenue for the organization?