Accounting Systems Review

Help Nee Danse/Theatre with feedback and recommendations on their accounting practices to improve their financial recordkeeping, reporting, and planning.
Nee Danse/Theatre
Lansdowne, PA, USA
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Nee Danse/Theatre
Lansdowne, PA, USA

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Posted July 4th

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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

We have maintained a very low financial profile and budget, and do not currently have a Board Treasurer. A first showing of our current performance project "Holding One's Own: Stories about Living with Breast Cancer," was very well-received and we plan to develop the performance and build a touring production. For fundraising, sponsorships, and donations, we would appreciate a review and assessment of Nee Danse/Theatre accounting needs and recommendations for an appropriate bookkeeping system.

What we have in place
  • We currently have no accounting system in place, which should make it easy for you to get started. We also have an eager Director, and the ability to provide any other information you need.
How this will help
This project will save us $2,139 , allowing us to demonstrate fiscal responsibility, provide accounting stability, and free resources for artistic developments.

With no accounting system in place, generating financial statements and providing financial information to prospective funders is not possible. Having an accounting system in place will allow us to demonstrate fiscal responsibility and credibility as a nonprofit organization. The goal to have a manageable accounting system for the company is the foundation for all other financial and artistic endeavors.

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

Nee Danse/Theatre
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Posted by
Della C.

Executive/Artistic Director

Our mission

Nee Danse/Theatre exists to captivate, rouse, and expand the creative capacity of individuals and communities through dance, theatre, music.

Testimonials

Alpa was very knowledgeable about our financial accounting system needs and was able to put us on track with financial statements. She was exceptionally patience explaining the accounting terms, identified the best ways to address our needs, and get us on track for future accounting documentation. The best part is that she has offered to continue assisting as our performing arts nonprofit grows. Her work is greatly appreciated!
Della C.
Della C.

Executive/Artistic Director

Accounting Systems Review Project

Enjoyed working with Della. It was great feeling to know that the work we did together will potentially get them more grant funding to grow.
Alpa S.
Alpa S.

Volunteer

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