Finance

Finance

We serve and support over 100 Christian schools in Western Canada with products and services developed to assist schools with financial best practices, sustainability and reporting. We also conduct professional development seminars for school accountants, business managers, administrators, treasurers and boards.

Examples of our products, services and seminars include:

  • Financial Benchmarking – small, medium and large schools
  • Staffing reviews and comparisons to other schools
  • Internal control reviews
  • Charitable receipting framework
  • Charitable receipting reviews – compliance with IC75-23
  • Financial health review and report to your board
  • Budget templates
  • Depreciation Reports – school facilities
  • Staff structure reviews
  • SOPSOC reviews
  • Capital project readiness assessments
  • Long term budgeting models – bank lending analysis
  • Workshops and seminars on a variety of issues and topics

Whatever you or your school may need, we look forward to hearing from you.

Finance

Benchmarking

Our goal is to provide each SCSBC member school with a comprehensive report of their financial and staffing benchmarks and how each school compares with similar SCSBC schools. We have worked hard to ensure that every school’s individual information is protected and remains confidential. Information will only be released as averages of several schools, for example, average of schools with greater than 850 students, or K-12 schools with less than 150 students. The ability for your school to have comparison data of the similar types of schools will highlight areas for further research and discussion during the school’s budget process. It is just one more tool that SCSBC trusts will serve our members schools and their leadership teams.

Data will be collected in the first semester and individualized reports will be sent to schools in February for those schools that choose to participate. The report will provide benchmarks and comparison data in the followings areas:

• Operating Revenue and Enrolment
• Operating Expenditure
• Assets and Debt
• Staffing Efficiency
• Special Needs Department
• Marketing and Development
• International Department
• Preschool Department
• Transportation
• Facilities

Member schools are supplied with log-in information. When you are ready to begin entering your data, click on this button.

Finance

For More Information

Tim Williams SCSBC Director of Finance

Director of Finance

Tim Williams

Tim brings to SCSBC his extensive professional experience as an accountant and in working with not-for-profit organizations. Tim has held senior roles in a variety of companies and organizations both in Australia and Canada. He served on boards including Christian not-for-profits, has done consulting work for Christian schools, and presented a variety of seminars and university lectures.

As SCSBC’s Director of Finance, Tim’s responsibilities include financial management consultation; facilitating the SCSBC Business Administrators Forum; administering Financial Health Reviews; SCSBC School Budget Template application; servicing the SCSBC Framework for the Issuance of Charitable Tax Receipts; and sitting as the SCSBC advisor to the SCSBC Compensation Committee and Policy Development Committee.

Education

MBA, B.Econ, GD Tax, CPA

 

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