Enhancing your financial management skills can improve your organisation's ability to deliver services, budget accurately, apply for grants and produce financial reports.

This section describes some of the legal and financial obligations of community organisations and their management committees. The issues covered are taxation, fundraising and consumer rights.

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State tax exemptions factsheet for community organisations

Thu, 21/11/2019 - 7:00am
Not-for-Profit Law has produced an updated factsheet providing an overview of the common state taxes where a community organisation may be able to apply for a tax exemption. In addition to federal government taxes, community organisations that operate in Queensland may also have to pay state taxes...
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SEQ's not-for-profits given a helping hand after TC Debbie

Mon, 10/04/2017 - 9:11am
Media Statement Minister for Communities, Women and Youth, Minister for Child Safety and Minister for the Prevention of Domestic and Family Violence The Honourable Shannon Fentiman Financial assistance is now available for south-east Queensland’s not-for-profit organisations that have been affected...
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Queensland’s first Social Benefit Bond to address Indigenous disadvantage

Tue, 04/04/2017 - 6:45am
Breaking the cycle of over representation of Aboriginal and Torres Islander children in out-of-home-care is the focus of Queensland’s first social impact investment initiative, announced by Queensland Treasurer Curtis Pitt in Cairns today. The ‘New Parent Infant Network’ (NEWPIN) service is the...
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New Issues Paper launched on Accounting Standards for the Not-For-Profit Sector

Wed, 29/03/2017 - 2:38pm
Anglicare Australia, together with the Australian Charities and Not-for-profit Commission (ACNC) and the Australian Accounting Standards Board (AASB) today launched a new issues paper on not-for profit sector reporting and accountability. The paper, entitled: Issues Paper: Better Financial...
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Financial advice for not-for-profits

Mon, 20/03/2017 - 12:00pm
If your not-for-profit organisation is in need of financial guidance and has an annual turnover of under $250,000, you can sign up to the Mentor the Treasurer program . In partnership with Pro Bono Australia, CPA Australia assists not for profits by connecting them with qualified CPA Australia...
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ACNC Annual Information Statement now available

Fri, 20/01/2017 - 8:52am
If your organisation is a charity registered with the Australian Charities and Not-for-profits Commission (ACNC), your 2016 Annual Information Statement may be due soon. The ACNC has a wealth of resources to assist you with completing the Annual Information Statement, including a checklist, a step-...
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Process efficiencies help non-profits achieve more impact

Mon, 14/11/2016 - 10:54am
Case studies show social purpose organisations are reaping the benefits of improved process efficiencies. According to Olivia Hilton, Executive Director, SVA Consulting, “A lot of social purpose organisations just do not have the luxury of spending time wondering if there are other ways to achieve...
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Social benefit bond recipients announced

Thu, 13/10/2016 - 1:52pm
Treasurer Curtis Pitt has outlined three shortlisted proponents seeking to deliver innovative services under the state government’s Social Benefit Bonds program . Mr Pitt said there had been strong interest in the pilot Social Benefit Bonds initiative that will involve investors, the social...
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Are you eligible for Fringe Benefits Tax?

Wed, 28/09/2016 - 10:38am
Not-for-profit organisations may need to register for fringe benefits tax (FBT) if they provide benefits to employees during an FBT year (1 April to 31 March). Depending on the type of organisation, it may be entitled to a rebate or an exemption for FBT. The Australian Taxation Office has produced...
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Ask ACNC

Mon, 08/08/2016 - 10:38am
From August, the ACNC will be visiting over 25 regional and metropolitan locations in Australia to talk to charities. The Ask ACNC sessions will provide charities the opportunity to hear directly from one of the ACNC’s Commissioners. The sessions include an update on the work of the ACNC, issues...
Read more about Ask ACNC

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oneplace community services directory

Are you looking for support in Queensland, or trying to find a service that meets your needs? Now you can search oneplace , the service directory hosted by the Queensland Family and Child Commission. oneplace is an easily accessible directory of community services to help Queensland families to get...
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Financial Counsellors' Association of Queensland

The Financial Counsellors' Association of Queensland is the peak professional body representing the membership of 74 Financial Counsellors throughout inner city, suburban and regional Queensland. The FCAQ is also a not for profit organisation whose members provide a fee and accessible financial...
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Foresters Community Finance

Foresters Community Finance is a non-profit organisation that has been delivering community finance and social investment products in Australia for the past 20 years. It is a Community Development Finance Institution (CDFI). CDFI’s are socially focused organisations that use community finance and...
Read more about Foresters Community Finance

Legal Health Check

The Legal Health Check is a collaboration between the Queensland Public Interest Law Clearing House (QPILCH) and the National Association of Community Legal Centres Inc. The Legal Health Check provides a number of resources and tools to help organisations identify their clients' legal needs and...
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Social benefit bonds - a new source of funds

In the first reading of the 2015 Queensland Budget Speech on 14 July 2015, Treasurer Pitt announced that the Queensland Government will pilot 3 social benefit bonds aimed at sourcing funds from the private sector to finance the achievement of quantifiable social outcomes in the community. The pilot...
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Damn Good Advice for Board Members

Our Community Pty Ltd has published practical advice on finances for not-for-profit board members. The book is part of CommunitySmart, a national financial literacy program development by Commonwealth Bank Not for Profit Sector Banking and the Institute for Community Directors Australia (part of...
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Ourcommunity Community Financial Centre

The Community Financial Centre has been established by Our Community to give not-for-profit organisations of all types and sizes access to tools and resources to help improve their financial management, and better and more cost effective banking services. The site covers managing money,...
Read more about Ourcommunity Community Financial Centre

ImproveIT

Information technology and online solutions can help your community organisation work better. ACOSS, Infoxchange and the Department of Communications have teamed up to bring you Digital Business Kits which give you the tools and information to do more online. Digital Business Kits are hosted on...
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Rethinking Resources

In March 2014, QCOSS produced the Rethinking Resources: Case Studies of Financial Resilience from Community Services report, in which community organisations from Queensland share how they are working to increase their financial sustainability. The strategies they employ include social enterprise,...
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How to decide on a Client Relationship Management system

Authored by: Craig Ford, Polymorphic Solutions Your community organisation might have run on spreadsheets, shared folders and Access databases until one day, when you realised the systems don’t talk to each other and your organisation can’t grow without a single integrated system. Then it is time...
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Queensland Government Resources for Business

Many not-for-profit organisations are now developing income-generating activities to reduce the reliance on government and philanthropic funding, and others are establishing social enterprises to respond to client needs in a sustainable way. The development of business skills and systems is very...
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Financial literacy video resource

With funding provided by the Australian Government Child Care Services Support Program (CCSSP), Network SA have developed a financial literacy video resource to support directors and management committees of community based child care centres to read and understand financial reporting requirements...
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Building financial sustainability in your organisation

This resource has been developed by Knode and Foresters to support boards and service managers assess their financial position and strategically build their organistion's financial sustainability. Building financial sustainability in your organistions contains tools to help you: Assess where your...
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Industrial Relations Legislation

Industrial relations legislation in Queensland can be found on the Fair Work Commission's website . The main pieces of legislation are: Fair Work Act 2009 Fair Work Regulations 2009 Fair Work Commission Rules 2013
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Powers of Attorney Act 1998

Power of Attorney A power of attorney is a formal document allowing someone else to make decisions on your behalf; both personl and financial. This person can apply for a Domestic Violence Order on the behalf of someone experiencing domestic and family violence. The Powers of Attorney Act 1998...
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Not-for-profit Legislation

There are a range of legal structures which may be suitable for Queensland not-for-profit community groups. The four main options are: an incorporated association: Associations Incorporation Act 1981 (QLD) and Associations Incorporation Regulation 1999 (QLD) a company limited by guarantee:...
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Social Benefit Bonds expressions of interest

Thu, 10/03/2016 - 11:03am
Author: 
The Social Benefit Bond Program, Queensland Treasury

The competitive tender process for the Queensland government's new Social Benefit Bonds program has recently been launched, and the Invitation for Expressions of Interest (EOI) documents are available via...

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Five must-dos for surviving a volatile funding environment

Wed, 05/08/2015 - 2:43pm
Author: 
Darren Smith, Breaking New Ground

A new chapter in the story of the not-for-profit sector is being drafted. How do small to medium organisations ensure they're written into the script?

The not-for-profit sector has already experienced significant change and uncertainty over the last few years:

  • funding
    • ...
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The Organisational Development Toolkit

Wed, 29/04/2015 - 12:25pm
Author: 
Kylie Hogan, National Disability Services

The Community Services Industry is facing a myriad of reforms and challenges now and into the future. 

Challenges such as an ageing population, workforce shortages, sector-wide reforms, technological advances and economic uncertainty are making it more important than ever for...

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The balance between people and money

Access to capital is key to the future of community organisations

Tue, 16/09/2014 - 4:54pm
Author: 
Alyce Maschio, Foresters Community Finance

For social enterprises and non-profit organisations, access to capital means they can build financial independence, own assets, leverage greater community benefits, and develop capacity to build a sustainable long-term future.

As the funding landscape changes and major sector...

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Where you spend your money matters: social enterprise in Australia

Tue, 15/07/2014 - 10:10am
Author: 
Mindy Leow, Social Traders

As the Australian social enterprise sector grows, it’s easier for consumers and organisations to deliver social impact through their spending.

Social enterprises are businesses that sell goods and services into the marketplace in order to deliver community benefit. The...

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Report

Rethinking Resources: what can we learn from each other?

Thu, 08/05/2014 - 11:39am
Author: 
Anne Curson, Queensland Council of Social Service

This month QCOSS releases the Rethinking Resources: Case Studies of Financial Resilience from Community Services report, in which community organisations from Queensland share how...

Read more about Rethinking Resources: what can we learn from each other?
Grants

The who, what, where, when, why and how of grant writing

Wed, 07/05/2014 - 2:02pm
Author: 
Tiffany Tento, Queensland Council of Social Service

The Tasmanian Government together with Regional Development Australia and the Tasmanian Early Years Foundation have published a useful guide on the ...

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Managing money

Latest edition of the Australian Sector Nonprofit Legal and Accounting Almanac released

Wed, 07/05/2014 - 1:14pm
Author: 
Tiffany Tento, Queensland Council of Social Service

The latest edition of the Australian Sector Nonprofit Legal and Accounting Almanac was recently released.

The annual publication contains a summary of significant cases, legislation, and tax issues impacting on the...

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