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Accounting Systems Review

Help Men for H.O.P.E with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Men for H.O.P.E
Trenton, NJ, USA
Men for H.O.P.E
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Men for H.O.P.E
Trenton, NJ, USA

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Cause
Community & economic development
Skills
Accounting

Posted April 22nd

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Accounting Systems Review

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

Right now, we would love to have someone assist us with our accounting.

What we have in place
  • We currently have a simple budget which should help you get started. We are also willing to provide any other necessary information to help with the process.
How this will help
This project will save us $4,709 , allowing us to provide more free food and academic resources to the children in our programs.

This project is important because we are in the process of trying to get more funding for our free programs. We have a budget but we need a more detailed, flushed out breakdown of our accounting.

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

Men for H.O.P.E
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Causes
Community & economic development Education Youth development
Posted by
Kelvin B
Kelvin B.

Executive Director & Project Manager

Our mission

Men for H.O.P.E is a 501(c)3 nonprofit organization in Trenton, NJ that provides low income and below poverty level citizens with the professional and academic resources needed for success.

What we do

MEN FOR H.O.P.E is a 501(c)3 non-profit organization that utilizes education, mentoring, and community outreach as tools for social and economic development. The acronym "H.O.P.E" means "Helping Other People Elevate". The acronym reflects our primary interest in improving the living conditions of those in need. Our central audience is low income and below poverty level residents of New Jersey. We collaborate with other
local nonprofits, banks and brands to provide underserved families with essential items and donations as well as professional and academic resources. Our partnerships also aid us in producing engaging, informative events and activities that are open to the public such as our previous financial literacy courses, healthy eating sessions and our annual summer block party.

Testimonials

Read the Impact Story
(No testimonial has been submitted by Kelvin)
I very much enjoyed working with the HOPE team. Princess was always prepared and reviewed study materials before attending a call.
Jan H.
Jan H.

Volunteer