Accounting Systems Review

Help Shakopee Educational Endowment Foundation with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Shakopee Educational Endowment Foundation
Shakopee, MN, USA
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Shakopee Educational Endowment Foundation
Shakopee, MN, USA

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Posted March 31st

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

We are an endowment non-profit foundation that provides grants to teachers for special purchases/projects. We currently keep track of donor information in spreadsheets. We would like more accessibility to donor information in a searchable format for marketing and/or fundraising purposes.

What we have in place
  • We currently have excel spreadsheets, which should make it easy for you to get started. We also have lists and tables, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to grow our endowment and help to further our fundraising efforts

We are looking to more effectively market and for that we are looking to get a better idea about our donors - the amounts they give, how often, etc. We just need a better overall picture about who gives to the organization.

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

Shakopee Educational Endowment Foundation
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Cause
Education
Posted by
Julie M.

Secretary for the foundation

Our mission

Shakopee Educational Endowment Foundation Mission:
The purpose of the Shakopee Educational Endowment Foundation (SEEF) is to enrich and improve the quality of education in the Shakopee School District by funding projects that provide innovative learning opportunities for our students.

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