Fiscal Services

Nonprofit Financial Operations

From financial analysis and reporting to paying the bills, NFO provides the broad scope of services you expect from your CFO.

  • Accounts Payable (AP) and Accounts Receivable (AR) Management

  • Payroll Management

  • Cash Flow Management

  • Balance Sheet Managment

  • Financial Analysis

  • Financial Reporting tailored to your Management and Board needs

  • Key Performance Indicator (KPI) Dashboards

Audit Support

Working directly with agency auditors, NFO manages your Annual Audit, Single Audit and Tax Credit Audits from start to finish.

  • Internal Control Narratives and Testing

  • Account Schedules

  • Prepaid, Depreciation and Net Asset Schedules

  • Bank Reconciliations

  • Investment Activities

  • 990 preparation

  • Audit and Tax return review

  • Finance Committee and Board presentations

Fiscal Grant Management

NFO manages the fiscal portion of grant management by collaborating with programmatic teams to ensure the fiscal goals are reached and reported.

  • Grant Application Budgets

  • Allocation management

  • Budget to Actual Reporting

  • SF-425 reporting

  • Single Audit preperation

Budgets

NFO will create a wide variety of budgets types that allows an agency to build financial performance metrics.

  • Annual Agency Budget

  • Grant Application Budget

  • Program Specific Budget

  • Government Grant Budget

Client Specific KPI Dashboard

Building from managing agency financial operations, NFO builds Client specific KPI Dashboards from fiscal operations that allow Management and Boards to have a clear viewpoint into the fiscal health of the organization.

  • Months of Operating Reserve

  • Breakdown of Unrestricted and Restricted Revenues

  • Current Ratio (The ability to meet short term obligations)

  • YTD unrestricted vs. Available to Unrestrict

  • Liquid Unrestricted Net Assets

  • Unrestricted Revenue % Raised Towards Operating Budget

  • Total Donor Commitments

  • Operating Cost Comparison

  • YTD Revenue vs. Expense

Strategic Fiscal Planning

NFO uses data to collaborate with organizational leadership to forecast fiscal direction.

  • Multiyear budgets

  • Scenario modeling

  • Strategic planning

  • Capital Planning