Financial Planning

Help Rainbow School, 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.
Rainbow School, Inc.
Kahuku, HI, USA
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Rainbow School, Inc.
Kahuku, HI, USA

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Finance

Posted November 10th

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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)
Additional details

We are planning on a re-organization of our non-profit which includes additional support for the administration by way of new positions. We would like to have a solid financial plan moving forward to include in our strategic plan to ensure that our goals for the future will be met.

What we have in place
  • We currently have a draft for the new FY operating budget, which should make it easy for you to get started. We also have financial statements, and the ability to provide any other information you need.
How this will help
This project will save us $18,494 , allowing us to use those funds to create a new position in our organization.

We are planning to re-organize from the top down. A solid financial plan will help us achieve our goals and will provide us clarity in how we move forward.

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

Rainbow School, Inc.
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Cause
Education
Posted by
Cynthia B.

Executive Director

Our mission

To provide quality early childhood education for Oahu's children no matter their socio-economic background, ethnicity, or religion.

Testimonials

Working with Marijana was wonderful! She is highly experienced in accounting and finance. Her ability to articulate her knowledge in a manner that is clear, detailed, and easy to understand was very helpful to us. Marijana is very passionate about her work and I feel like she had our best interest at heart. She is well versed in accounting best practices for non-profit organizations and has helped our non-profit business in our efforts to organize our data for future forecasting and strategic planning. I highly recommend Marijana!
Cynthia B.
Cynthia B.

Executive Director

Financial Planning Project

Cindy and Charlene are smart, driven, capable professional and very kind human beings. It was a true pleasure getting to know them and being a small part of their success story. I would definitely do another project with this team for Rainbow Schools.
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