In a precarious economic climate where funding cuts, tightly-defined granting regimes, and hard-to-find donors are the norm, good financial management is essential. Unfortunately, it can be difficult to find people who simultaneously have a deep commitment to your mission and possess the necessary expertise to manage organizational finances.
Overworked staff and limited resources also contribute to bookkeeping and strategic financial taking a back seat to your organization’s core mission. We can work with you to sort out your finances, create better systems for accountable management, and help you develop a long-term plan for financial sustainability. While we crunch numbers, you can focus on your organization’s actual objectives.
An example of a project in this category:
You were just elected the new president on the board of a local women’s drop-in centre, and received little transition or support from previous leadership. The granting agency you deal with is asking for a set of audited financial statements, but all you have is a disorganized shoebox full of receipts and a half-empty cheque book with unfilled stubs for the missing cheques.
Together, we’ll work to put your finances in order so you can move forward with an audit, and we’ll put appropriate systems in place (like a logical bookkeeping structure and procedures, along with requisition forms) so that you or your successor don’t end up in the same situation next year.