Nonprofit Virtual Accountant, CFO, or Consultant
Specializing in Nonprofits including Schools, Federal Loans/Grants, and Startups.
Manage spreading expenses or direct costs to proper classifications.
Restricted Net Assets
Track and reconcile restricted net assets for permanent, temporary or board restrictions.
Monthly board package
Executive summary to highlight key areas of the business to watch, relevant ratios and comprehensive financial statements.
Board meeting presentation
Virtual board meeting presentation (this can be live or prerecorded).
Grant Procurement and Analysis
Review grant documents for financial requirements. Manage and prepare monthly reimbursable or other reporting requirements.
Manage financial aspect of the audit to include workpaper preparation and CPA interaction.
Cash Flows Management
Help manage cash needs of the company
Review all data input, prepare complicated transactions to include investments, intercompany accounts, reconciliation of all general ledger accounts and due/to from accounts.
Accurate recording of financial transactions and reconciliation of cash accounts.
Chart of Accounts
Setup or reworking of chart of accounts tailored to the nonprofits needs. This includes both the chart of accounts and developing classes to track specific programs.