Operating Budget

for  The Nile Swim Club
Lansdowne, PA, USA
Posted by
Posted Date
Jun 26, 2019
Virtual volunteer opportunity
Impact statement
This project will save us $9,114 , allowing us to to pay our back taxes and revamp our facilities to increase membership and community engagement

Project Details

What We Need
  • A detailed Operating Budget covering at least one full fiscal year
  • Expert advice on how to reconcile actual expenses with budgeted expenses
Additional Details

Although we are a 60 year org, we are a newly appointed board who volunteers to run our org. We need help developing an operating budget, project budgets and creating a plan to forecast and reconcile our actuals vs budgeted expenses. We use quickbooks and have a draft budget. We need to understand what is missing and how to properaly maintain fiscal and financial management.

What We Have In Place
  • We currently have draft operating budget, 5 year budget and strategic plan, which should make it easy for you to get started. We also have reports we can pull from quickbooks, and the ability to provide any other information you need.
How This Will Help

As a volunteer run org, we understand that we do not know everything. We have had several financial problems in the past which has caused our org to fall behind in taxes and be subject to the threat of a sheriff sale. Our newly appointed board is turning around the org, and along with our organizational changes, this will help us prove to funders and creditors that we are making changes for sustainable success.

Project Plan

Prep: Distribution of Prep Materials
  • Volunteer Manager provides Professional with materials currently being used for financial planning, such as the current operating budget or chart of accounts, and current financial statements
  • Volunteer Manager also provides any additional materials that will affect budgeting, such as a fundraising plan, earned income plan, or business plan
Milestone 1: Information Gathering and Outline
  • Professional does additional due diligence to address any questions or issues
  • Professional creates a detailed outline for the budget, to be shared with Volunteer Manager for feedback
Milestone 2: Budget Creation
  • Professional creates budget and shares it with the Volunteer Manager for feedback
  • Professional incorporates any feedback into the model for final draft version
Milestone 3: Explanation and Training
  • Professional delivers the budget, alongside a detailed written or verbal explanation of how the budget should be utilized and modified in the future
  • Professional provides advice on how to record and reconcile actual expenses against the budget
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About The Org

Our Mission

The Nile Swim Club (NSC) exists to provide the ultimate recreational, leisure, educational and overall wellness experience for individuals and families. We offer a safe place for youth to develop healthy relationships and thrive to become leaders. The NSC cultivates the human spirit and nurtures family and community unity.

Our project is sponsored by: Philadelphia Foundation

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