Nonprofit organizations are as diverse in their operations as for-profit businesses. Whether you are newly launched or are a long-standing organization, you are challenged to raise revenues from contributions, grants or programs while also managing operating and activities expenses. In addition to revenues and expenses, you must maintain records of donor restrictions, track spending of contributions and monitor activities by program.
On top of this, you must maintain regulatory compliance. To become and remain financially strong, you need good governance, realistic goals, a strategy for long-term sustainability and a budget process that ensures clear, informative financial reporting on interim as well as fiscal year periods. Tilly Cooper Accountancy is ready to provide financial expertise and guidance to your nonprofit organization. Contact us to discuss your needs - we look forward to talking with you!