Financial Planning

Help Five Loaves & Two Fish Unlimited- HERO Inc. 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.
Five Loaves & Two Fish Unlimited- HERO Inc.
Philadelphia, PA, USA
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Five Loaves & Two Fish Unlimited- HERO Inc.
Philadelphia, PA, USA

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Posted February 24th

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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)
What we have in place
  • We currently have A dedicated Executive Director, which should make it easy for you to get started. We also have Clear Financial Goals, and the ability to provide any other information you need.
How this will help
This project will save us $14,474 , allowing us to Very timely and necessary to implement a Fundraising Plan to add to our Strategic Plan propels us forward to purchase a homebase, Innovation Lab space to support our community and combat youth unempl

Very timely and necessary to implement a Fundraising Plan to add to our Strategic Plan propels us forward to purchase a homebase, Innovation Lab space to support our community and combat youth unemployment

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

Five Loaves & Two Fish Unlimited- HERO Inc.
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Our mission

HERO empowers,educates and equips youth to pursue their dreams of a debt free education, entrepreneurship and employment to build strong families and build their community.

What we do

HERO ensures students thrive in school and life. Our core values; Healing, Empowerment, Resilience and Opportunity are foundational principles, also the acronym for our company.

1.Campus Ready
Connect* Tour *Explore
Students connect with peers and mentors throughout their academic journey .. Campus Ready provides mentorship, financial literacy and entrepreneurship workshops travel experiences and empowers students to utilize countless scholarships resources. Middle and Highschool students throughly consider their secondary education options while receiving academic support. Students who participate in Campus Ready are curious, have the opportunity to travel and discover new concepts, cultures, cities, and ways of thinking through this career exploration and life skills program.
Students are empowered to open a bank account receive financial literacy educational workshops. Students choose mentors to help them Create an 'Action Plan' to move proactively to achieve their goals!


2. HEROGirls
*Empowering Girls To Birth Their Dreams
HEROGirls is a tribe of professional women inspiring and mentoring young women of color age 12-24. Lovingly supported and challenged HEROGirls consistently break barriers and overcome obstacles. HEROGirls are healing from traumas , empowered, resilient and ready for opportunities! HEROGirls programs include a
weekly Girls Circle ( utilizing the One Circle Foundation curriculum)
A monthly MeetUp with mentors for fun activities like dance and yoga classes we call; 'Milkshakes & Mascara'
which includes networking events and travel opportunities and an Annual Retreat : The Birthing Suite Spa & Wellness Retreat every October. We are currently accepting student and mentor applications to join the HEROGirls tribe as we plan our first international trip to Nairobi Kenya for cultural enrichment and community service in August 2020. You can learn more by visiting our partners website Dreams To Founder Conference for our details supporting HEROGirls #ROADTOKENYA
http://events.dreamstofounder.org/


3.YoungHEROsCook
Join Philly's First Youth Led Catering Team! Students, young entrepreneurs andcreatives collaborate. Inspired to #createyourART and #useyourVOICE! Art & activism collide as students curate incredible menus and use social media to speak Up, show up and stand up for themselves! Awesome opportunity to receive job training, develop leadership skills, earn cash for college and perfect their crafts, that's YHC! We raise together with gratitude for each other and our sponsor LaColombe Coffee Roasters!


In addition to our three programs mentioned above. HERO offers adolescents a supportive extracurricular environment in which to build skills, set goals for the future, and create an action plan to graduate from college with little to no debt. HERO's programs provide a focused setting for young adults to learn and grow as individuals and future young professionals, as well as develop the financial literacy and connection to resources needed to achieve their goals. As an organization, HERO recognizes that the prevalence of youth
who have experienced Adverse Childhood Experiences (ACEs) in Philadelphia is high, and that providing programs from a perspective of Trauma-Informed Care (TIC) is fundamental for students to achieve success and growth. Alongside programs for fitness and cooking, HERO provides students with opportunities for participation in evidence-based Girls Circle(r) group therapy, weekly checkins and monthly meetups with peers, mentors and health professionals; specifically therapists, social workers and nurses. HERO is committed to serving students facing any number of challenges, from stress at school or bullying, navigating health choices as a young person, and balancing practical financial issues with collegiate goals, all while understanding that traumatic experiences, toxic stress, racism, and ACEs impact a student's ability to achieve short and long-term goals. Reducing the impact of ACEs and toxic stress through providing practical programs from a perspective of TIC aids students to achieve success and build resilience to carry them into becoming healthy, strong, and confident young adults.

Testimonials

Where to start? Marivel came on board at a very crucial time, mid pandemic. Marivel is an exceptional financial expert and CPA. She joined our Development & Finance Team and immediately began organizing our financial documents. We met with Marivel weekly for almost a year! Marivel’s work has made transformative impact on our entire organization! She helped create budgets, templates and Fundraising plans that made applying for funding seamless. She is a collaborative leader, flexible and diligent. Always up to task with excellent communication skills. We appreciate Marivel’s continued support. She is the best off-site volunteer we’ve ever worked with. THANK YOU is not enough to express our deep gratitude. We hope to meet you in person at FriendsGiving! Many thanks.
Chiwishi A.
Chiwishi A.

Founder & Executive Director

Financial Planning Project

(No testimonial has been submitted by Marivel)
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