Get the peace of mind that comes with knowing where your nonprofit stands.

Financial Health Assessments for Nonprofits

A Complete Picture of Reality for Your Organization

A healthy future for your nonprofit starts with a full understanding of where it is today.

Here’s how we give that to you.

Data Discovery and Collection

We spend a day or two onsite with you to gather your financial information.

Here’s what we gather:

  • Statements of financial position (balance sheets), activities (profit/loss statements), functional expenses, and cash flow
  • Current and past budgets
  • Capital expenditures
  • Grants, donations, and other funding sources
  • Financial forecasts, projections, and strategy doc
  • Organizational documents

Financial Analysis

We examine all the financial data we collect to uncover the story it tells.

Here’s what we learn:

  • With trend analysis, we identify financial patterns over time.
  • With ratio analysis, we determine your financial health and stability.
  • With budget variance analysis, we compare your actual financial performance against your targets.

Risk Identification and Evaluation

Through our data collection and analysis, we pinpoint what may be putting your nonprofit at risk:

Here’s what we examine:

  • Fixed costs
  • Internal controls
  • Compliance issues
  • Budgeting practices
  • Cash flow constraints
  • Revenue diversification
  • Reporting transparency
  • Funding source dependencies
  • Operating reserves and policies

Financial Opportunity Analysis

Beyond finding your risks, we also find the hidden opportunities for strengthening your financial position:

Here’s what we find:

  • Revenue opportunities: New income streams, optimize existing revenue streams, and other avenues for growing revenue.
  • Cost reduction opportunities: Expense management, operational efficiency, contract renegotiation, and other techniques for cutting costs.

Recommendations

Once we complete our analysis, we prepare a report for you that provides a summary and details our financial recommendations.

Here’s what we deliver:

  • Your nonprofit’s financial health, risks, and opportunities, complete with quantitative support.
  • Strategic financial advice tailored to your mission, circumstances, team, and most immediate risks and opportunities.
  • An overview of requirements you would need to implement our advice, prioritized according to your goals and needs.

A preliminary 30-, 60, and 90-day action plan that we can execute together if you’d like to work with us going forward.

Don’t Spend Another Day in the Dark about Your Rescue Mission’s Financial Position.

Reach out and tell us what you need to know. Whatever we discover, we’ll give you a plan to turn it into something great.

Talk to Us Today