I'm always happy to work with you to create a customized scope of work to meet your specific needs. Below are some examples of more standard engagements, along with a sense of pricing for each. This pricing does not reflect my solidarity discount, available to organizations led by individuals who identify as Black, Indigenous, or People of Color.
Nonprofit Boards of Directors are critical stakeholders who are often undertrained on nonprofit financial management. I can support the upskilling of your board with:
Nonprofit Finance 101 Training: a customized 45-90 minute training covering the basics of nonprofit financial management, how to read nonprofit financial statements, and what performance metrics are important to keep their eyes on. Engagement cost typically ranges from $2,000 - $4,000.
Custom Finance Trainings: a deeper dive on a topic where the board wants more guidance or expertise. Past topics have included creating a reserves strategy, understanding the annual 990 tax filing, understanding nonprofit revenue recognition (why Finance and Development teams count income differently), and selecting an auditor. Engagement cost typically ranges from $1,500 - $5,000, depending on depth and number of sessions.
Developing a Financial Health Dashboard: working collaboratively with the Board and staff leadership, we'll determine the 5-10 most important financial health indicators for your organization, develop target ranges for each indicator, and build an "at-a-glance" dashboard that can be updated and maintained by your accounting team. The full board will be trained on what each metric means, why it matters to the organization's overall health, and get live practice using the dashboard to help answer common financial questions. Engagement cost typically ranges from $12,000 - $30,000.
Strong financial management starts with the small stuff: the accurate and timely recording of all transactions in your accounting system. While I can't keep your books for you, I can support your team in a variety of ways:
Accounting Assessment: I'll do a deep dive into your current systems, policies, and procedures, and share recommendations on how they can be optimized based on your goals. Your goal might be to increase efficiency, migrate legacy systems into the cloud, prepare for an upcoming audit, produce better financial reports - or all of the above! Engagement cost is typically $3,500.
Accounting Overhaul: if you're ready to make some big changes, I'll work with you to support a refresh of your accounting setup. This could range from cleaning up your chart of accounts to migrating to a completely new set of systems - we'll decide together what you need to reach your goal. I'll provide thorough documentation and potentially training to your team on maintaining best practices. Engagement cost can vary widely depending on scope, but starts at $8,000.
Fractional CFO: if you're looking for a long term partner to help you stay on top of your financial health, I can serve as your fractional Chief Financial Offer. I'll get to know your organization's business model and strategic goals, work with you to ensure you're staying financially on track, and be a thought partner for any issues that arise. I'll also support your accounting team to ensure they are delivering accurate and compliant financials. Engagements start at $4,000/month.
Nonprofits are required to follow a complex set of rules and regulations, and often your compliance with those rules is measured through how you handle your money and keep financial records. I can support you in building simple, user friendly tracking systems to ensure you're doing everything right - and will be able to prove that to an auditor or regulator. Situations where I have deep experience include:
Operating Connected Entities: we'll work together to assess your cost sharing agreement and ensure it's setting you up for success. Then I'll build and operationalize the tracking systems you need to stay in compliance.
Managing Federal or State Funding: we'll work together to ensure you understand allowable and unallowable costs for your funded project, and set up tracking systems that adhere to relevant guidance and let you easily produce required financial reports.
Lobby Tracking: we'll work together to ensure you understand any financial limits to your lobbying activity, and set up tracking systems that will let you easily monitor and report on you Direct Lobbying and Grassroots Lobbying activities.
Conflicts of Interest: if you're navigating a conflict of interest or a related party transaction, I can help ensure you are following accepted protocols for determining Fair Market Value (FMV) of the goods or services in question, and are properly conducting and documenting an arms-length process.