Non-Profits
Based on our extensive knowledge and experience with the Non-Profits (Not-For-Profits) and Endowments space, our service can be full service or tailors to your company’s needs.
We will establish sound financial reporting and fiscal discipline by establishing financial policies and procedures; preparing budgets and monitoring expenses; advising Board, Chief Executive Officer and Chief Financial Officer regarding financial results, and strategies. We lead the process by:
- Managing all general ledger accounting and financial reporting, including preparation of financial statements
- Preparing annual budgets and budget variance reports.
- Analyze all revenue and expense accounts to maximize revenue, reduce expenses, and maximize efficiency.
- Performing all accounting functions including, but not limited to, general ledger maintenance, bank reconciliations, journal entry posting.
- Preparing monthly management reports and accompanying schedules, worksheets and narratives, including “Budget vs. Actual” variance reports.
- Monitoring daily cash balance and deliver cash forecasting reports.
- Tracking and monitoring accounts receivable and review/prepare invoice coding for accounts payable and check preparation.
- Performing payroll functions and benefit administration.
- Providing advice and recommendations during monthly presentations to the CEO and CFO and quarterly presentations to the Board of Directors regarding current and prospective financial opportunities and threats.
- Representing the organization during all federal, state, local, internal and external audits.
- Reviewing all grant budgets for Federal, State and local government, as well as various foundations
- Producing monthly operating report, cash flow statement, and written financial analysis
- Analyzing information and provide recommendations to strategic plans, resolving problems, completing audits, identifying trends, determining system improvements, and assist with implementing change.
- Researching, developing, writing, and updating financial policies, procedures, methods, and guidelines.
- Maintaining rapport with funding agencies by understanding and responding to their requirements, communicating needs, exploring opportunities and options.
- Preparing IRS Form 990 and state tax filings.