The life of a nonprofit CFO is putting out fires. You know the drill. The government agency you depend on cuts your funding and wants a new, downsized budget this week. The Board meeting is just days away, and the Treasurer wants to change the reporting format. A major donor wants to review the financials with you today. When will you ever find the time to revamp the budget process, create a dashboard for the executive director, strengthen financial controls, create the accounting policy manual, upgrade the accounting software, and collect those overdue receivables? Are you working twelve hour days and still falling further behind? Stop killing yourself. Call Mission First Finance. We’ll partner with you to finish to all those critical projects. Read on for just one example of the many ways we can help.
As a CFO, you know that poor grant management hurts your organization’s finances. If you worry about leaving grant money on the table or having to return money to a donor, Mission First Finance can show you how to spend your grants on schedule and claim and keep every dollar you are entitled to.
We can create metrics that show you at a glance if you are at risk for under spending your grant and failing to collect money due you or over spending your grant and having to cough up precious unrestricted dollars from your organization’s own pocket to make up the difference.
Do you know all the rules and regulations associated with Federal, state and city grants? Mission First Finance does. The last thing you want is to return money to the government because an expense was disallowed when your organization didn’t follow applicable purchasing regulations. Nor do you want to become ineligible for future grants because you didn’t comply with all the grant requirements. We’ll explain the rules to you and help you set up procedures for following them.
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