Accounting Systems Review

Help Every Day is a Miracle, Inc. with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Every Day is a Miracle, Inc.
Bronx, NY, USA
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Every Day is a Miracle, Inc.
Bronx, NY, USA

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Posted October 6th

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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 need recommendation on how to better record and track our donations and expenses

What we have in place
  • We currently have a staff, which should make it easy for you to get started. We also have access to quickbooks online, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to focus on building and expanding our programs and organization infracture

we are currently in need to file our final report and 990

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

Every Day is a Miracle, Inc.
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Our mission

Mission
To alleviate food insecurity and improve socio-economic challenges in Bronx's underserved communities by providing families, seniors, and residents with resources to help them become self-sufficient and productive members of their community.

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