Financial Planning

Help Lil Filmmakers Media 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.
Lil Filmmakers Media
Philadelphia, PA, USA
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Lil Filmmakers Media
Philadelphia, PA, USA

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Posted October 19th

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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 current financial statements, which should make it easy for you to get started. We also have operating budget, and the ability to provide any other information you need.
How This Will Help
This project will save us $14,474 , allowing us to further invest in the social and emotional support of our youth. As needed monetary support for youth outside of programs.

Our organization is continuing to transition from a grassroots. We are currently in a reorganization process for the remainder of this year. We need to create the financial infrastructure and strategy into our development and growth plans. Our team and board are open to learning best practices and learning how to make long term financial plans

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

Lil Filmmakers Media
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Posted by
Janine S.

Founder/Executive Director

Our Mission

Lil Filmmakers Inc.'s mission is to train young underserved artists to use media and the arts as a tool to overcome societal and personal barriers and prepare them for career opportunities in the arts and media industry.

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