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With a fall of £1.4bn in funding for the Third Sector in the UK since 2008 and a predicted £1.3bn fall in Public Sector funding to the Third Sector by 2014/15, the not-for-profit sector finds itself facing unprecedented hardship.
Charitable organisations have had to respond quickly and robustly to this change in the funding landscape. Those who have not risk rapidly spiralling towards closure, often without awareness of the full extent of the issues.
Directors and Trustees are ultimately responsible for the financial health of the organisations they represent and must take steps to stabilise their organisation where necessary.
Critical Intervention Management:
Empower provides a Critical Intervention service for the not-for-profit sector. We work with Trustees, Directors and senior staff to quickly establish the issues facing the organisation. We will provide a comprehensive report outlining the priorities and providing recommendations for action. Where appropriate we will offer options to stabilise the organisation and provide the necessary strategy documents for growth.
A comprehensive report providing an outline of the findings and recommendations will be presented to the board and where required Empower can lead on implementation of actions.
Our initial meeting is free, and in complete confidence.
To book an appointment to discuss your requirements:
call 01443 749787 or email bev@empowersvs.co.uk
Financial Awareness of Directors and Trustees:
This one day course is essential for board members or trustees who want to ensure they understand fully the financial position of their organisation. We cover all the information you need to request and how to interpret it. Delivered in-house, we will explain what you need to know and what it means. You will be provided with a check list of financial information which your finance officer and CEO should have readily available and understand how to spot issues in the data.
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