Financial Planning

Help Bcause We Love Lincoln Park improve their ability to predict the financial impact of changes in their funding and expenses, so that they can effectively plan for the future and avoid surprises.
Bcause We Love Lincoln Park
Fort Pierce, FL, USA
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Bcause We Love Lincoln Park
Fort Pierce, FL, USA

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Finance

Posted February 4th

Project details

What we need
  • An Excel spreadsheet custom-built specifically for the Organization's finances
  • Training on how to use the spreadsheet to understand the current financial situation and predict future states (e.g., plan for budget increases or decreases, hiring, and other key drivers)
Additional details

We need your help, we are venturing into social enterprises via housing development. In order to predict our and our investors returns on any given project we need a pro forma template. The template needs to be built to include soft and hard costs of construction, rental income, possible unit sales, taxes, asset value +/-, possible retail income.

What we have in place
  • We currently have assumptions, which should make it easy for you to get started. We also have business plan draft, and the ability to provide any other information you need.
How this will help
This project will save us $14,474 , allowing us to buy raw materials equal to what's needed to built a studio apartment

The ability to bring in investors for non profit oriented affordable housing construction is key to successfully pursuing our mission.

Project plan

P
Prep: Distribution of Prep Materials
  • Volunteer Manager provides Professional with current accounting needs and practices, chart of accounts or operating budget, and financial statements currently being generated (e.g,. statement of financial position, statement of activities, or statement of cash flows)
  • Optional: If you are concerned about the sensitive nature of your financial data, have a volunteer sign a non-disclosure agreement
1
Milestone 1: Analysis & Recommendations
  • Professional analyzes current accounting system, and recommends improvements to data gathering, reporting, or implementation of new bookkeeping software
  • Volunteer Manager provides feedback which Professional incorporates
2
Milestone 2: Implementation
  • Professional helps the Volunteer Manager to implement recommendations
3
Milestone 3: Training
  • Professional trains Volunteer Manager on how to fully implement recommendations to ensure sustainability
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About the org

Bcause We Love Lincoln Park
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Our mission

Our mission is to end blight in the Lincoln Park Neighborhood.

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