Operating Budget

Help JerseySTEM put together a detailed operating budget covering at least one full fiscal year and provide expert advice on managing cash flow.
JerseySTEM
Chatham, NJ, USA
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JerseySTEM
Chatham, NJ, USA

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Posted January 26th

Project details

What we need
  • A detailed Operating Budget covering at least one full fiscal year
  • Expert advice on how to reconcile actual expenses with budgeted expenses
Additional details

We are looking for a CPA to perform an Audit of our non profit.
8 years old, Cash basis, $40K revenues/year. No payroll. No employees.
Using Quickbooks.

What we have in place
  • We currently have Quickbooks, which should make it easy for you to get started. We also have accountants, and the ability to provide any other information you need.
How this will help
This project will save us $9,114 , allowing us to provide instruction to an additional 90 students

Audited accounts is a key component to many grants submissions

Project plan

P
Prep: Distribution of Prep Materials
  • Volunteer Manager provides Professional with materials currently being used for financial planning, such as the current operating budget or chart of accounts, and current financial statements
  • Volunteer Manager also provides any additional materials that will affect budgeting, such as a fundraising plan, earned income plan, or business plan
1
Milestone 1: Information Gathering & Outline
  • Professional does additional due diligence to address any questions or issues
  • Professional creates a detailed outline for the budget, to be shared with Volunteer Manager for feedback
2
Milestone 2: Budget Creation
  • Professional creates budget and shares it with the Volunteer Manager for feedback
  • Professional incorporates any feedback into the model for final draft version
3
Milestone 3: Explanation & Training
  • Professional delivers the budget, alongside a detailed written or verbal explanation of how the budget should be utilized and modified in the future
  • Professional provides advice on how to record and reconcile actual expenses against the budget
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About the org

JerseySTEM
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Our mission

If your address is in the US or Canada, pls read below. If you are not, we apologize but we are not able to enroll non US/Canada located volunteers.

JerseySTEM is a grassroots 501(c) nonprofit organization dedicated to bringing Science, Technology, Engineering, and Math ("STEM") education to 5th-8th grade girls in New Jersey underserved communities

We partner with socially responsible companies and their employees, youth organizations in underserved communities, and civic-minded college students and universities.

Together we develop and deliver innovative, hands-on, and online afterschool projects and inquiry-based learning opportunities that develop teamwork, 21st-century problem-solving skills, and self-esteem.

What we do

Reduce the gender gap in STEM participation;

Bridge the innovation gap in STEM education by introducing novel formats for teaching Science, Technology, Engineering, and Math;

Address the opportunity gap by expanding access to STEM programs in underserved communities.