Financial Analysis

An in-depth exploration of an organization's financial strengths and weaknesses and guidance on ways to balance prudent financial management with mission-driven priorities. We evaluate our clients' financial condition over a multi-year historical period, exploring revenue and cost trends, and resource requirements. We suggest specific next steps to provide for future availability and use of financial resources as needed, while simultaneously preserving, if not enhancing, the organization's financial stability.

Literacy For Boards

Board members bring special and diverse talents and expertise. Some have more financial management expertise/experience than others. Our experience has been that after a Financial Analysis is performed, it is useful to conduct appropriate training for board members as well as staff in the reading, interpretation and use of financial information. Board members become better able to carry out their fiduciary responsibilities, and staff are better equipped to plan and manage. We have also found that subsequent time spent with outside accountants and auditors becomes more cost effective for our clients.

Mergers and Strategic Realignments

We find that nonprofits increasingly enter into alliances and mergers with other organizations to better fulfill a common mission. By combining forces, respective organizational strengths and environmental opportunities can be leveraged and redundant costs savings can be achieved. It is vital that nonprofits engage in thorough analysis and planning before doing so, including determining feasibility, forecasting and final implementation. We will guide our nonprofit clients through every step of the process.

Budget and Forecasts

To make good decisions, organizations need accurate, current financial information. We assess organization's internal management reporting tools such as cash flow projections, budget versus actual reports, program analyses and revenue expense projections. Based on our findings, we recommend and help implement improvements that make these reports more useful and effective for management.

Program Profitability Assessment

A Program Profitability Assessment helps organizations understand the revenue and expense dynamics of each major program as well as determine which programs are operating at a "profit or a loss". This tool enables nonprofit leadership to "manage the bottom line" by setting program priorities, identifying cost savings, and reducing deficits.

Financial Advisory Services

We offer investment advisory services for investment accounts of all sizes. We develop a written investment policy designed to meet your goals and objectives within acceptable risk tolerances and specific investment constraints. We specify acceptable asset classes, an asset allocation target, investment guidelines and restrictions and reporting requirements. Quarterly portfolio performance reviews are provided. We charge a flat fee for these services.