Accounting Systems Review

Help Destined For Greatness Mentoring with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Destined For Greatness Mentoring
Detroit, MI, USA
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Destined For Greatness Mentoring
Detroit, MI, USA

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Posted February 8th

Project details

What we need
  • Analysis of accounting needs and assessment of Organization’s current accounting practices
  • Recommendations for process improvements for enhanced reporting
  • Recommendations on appropriate bookkeeping system such as a spreadsheet or Quickbooks and related costs (if necessary)
  • Note: This does not include accounting systems set up or implementation
Additional details

Our organization is in need of accounting systems set up, book keeping, records and irs filing.

What we have in place
  • We currently have a staff member, which should make it easy for you to get started. We also have receipts, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to spend more time focused on our clients and end of the year services.

This project will help us continue our work to learn and grow in the nonprofit space.

Project plan

P
Prep: Distribution of Prep Materials
  • Proficiency with spreadsheet and/or software accounting
  • Understanding of any local regulations or laws that would affect Organization's accounting needs
1
Milestone 1: Analysis & Recommendations
  • Volunteer Manager communicates current accounting needs and practices to Professional
  • Volunteer Manager provides a chart of accounts or operating budget, and any financial statements currently being generated (e.g. statement of financial position, statement of activities, or statement of cash flows), outlining current operational constraints with existing system
  • Volunteer Manager conveys any budget and capacity considerations that might apply to ongoing bookkeeping management
  • Note: If necessary, Volunteer Manager should have Volunteer sign a Non Disclosure Agreement (NDA) prior to sharing and discussing Organization’s financial information.
2
Milestone 2: Final Deliverable
  • Professional provides revised list of recommendations, along with cost estimates and preferred vendors to use for implementation
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About the org

Destined For Greatness Mentoring
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Our mission

The mission of Destined for Greatness Mentoring & Community Resource Center is to enhance the growth and development of individuals & families in Detroit. We achieve this goal through providing comprehensive programs and services that educate, empower and elevate our entire community. Through the advancement of our mission, we envision a safe community that is economically sound, healthy and vibrant especially for our youth!

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