Financial Planning

Help Omena 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.
Omena Inc
Providence, RI, USA
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Omena Inc
Providence, RI, USA

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Finance

Posted September 24th

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 budget for future project, which should make it easy for you to get started. We also have staff available, and the ability to provide any other information you need.
How this will help
This project will save us $14,474 , allowing us to train peer educators and expand our overall reach.

Help for our future proposal

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

Omena Inc
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Our mission

Omena is a global youth-led nonprofit organization promoting Social and Emotional Intelligence and healthy relationships in hopes to prevent and break the cycle of emotional abuse worldwide. Omena's mission is to equip, support and empower families and communities with social and emotional intelligence tools to nurture self-esteem and empathy. Through this, Omena wishes to enable them to foster healthy relationships with a sense of empowerment to drive positive changes in their communities.
Our objective is to scale in Madagascar, and ultimately in other emerging countries.

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