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Accounting Systems Review

Help All Out Action Fund with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
All Out Action Fund
New York, NY, USA
All Out Action Fund
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All Out Action Fund
New York, NY, USA

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Cause
LGBTQ+
Skills
Accounting

Posted August 16th

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

Review of functional expense allocation and recommendation on allocation approach.

Review of class categories and determine best way to approach class expense allocation.

What we have in place
  • We currently have a Finance and Operations Director, which should make it easy for you to get started. We also have a part time bookkeeper, and the ability to provide any other information you need.
How this will help
This project will save us $8,564 , allowing us to put those funds towards All Out's campaigning work - challenging the laws and cultural norms that make it impossible for LGBT+ people to live openly.

Because of our status as a 501c4 organization, we can only accept tax deductible donations through our Fiscal Sponsor (grants and major donor contributions). We carefully track our expenses to ensure that all restricted funds are expended to restricted purposes. A review of these systems will help ensure we can continue to do the very important lobbying work under our c4 structure while also receiving grants to support the educational work necessary to deliver our mission.

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

All Out Action Fund
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Causes
LGBTQ+ Civil rights Diversity & inclusion
Posted by
Sharifah T
Sharifah T.

Director of Operations, Finance and People

Our mission

All Out is a global alliance between straight, gay, lesbian, bi and trans people working together to eliminate the laws and cultural norms that make it impossible for the people we care about to and love who they choose.
South, North, East and West, online and offline, the movement builds a world where everyone, everywhere can live openly without sacrificing safety and freedom, family or dignity.

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