Braver Associates, LLC provides an extensive range of accounting and fiscal management solutions tailored to meet the specific needs of non-profit organizations. Our approach involves investing time to thoroughly understand your organization, its unique requirements, and long-term objectives. Working closely with you, we design a customized solution that addresses your distinct challenges.
We recognize that non-profits have different needs, and some may find value in a comprehensive range of our services, while others may only require specific services. Our commitment is to guide you in making informed decisions that lead to unparalleled growth and success. Ensuring efficiency begins with setting up robust financial software, systems, and cost allocation methods.
At Braver Associates, we go to the core of your data collection process, delving into how information is gathered and organized. This enables us to equip you with the necessary tools to present a clear and easily understandable financial narrative and visualization. Our aim is to empower you to tell your financial story effectively and communicate it with ease.
A well-designed chart of accounts and cost center structure are the backbone to your accounting system. Braver Associates will evaluate your current chart of accounts structure to ensure it is set up efficiently, determine if it meets your needs, and/or make recommendations for improvement.
After two decades of extensive experience with various accounting systems, we have identified software packages that are exceptionally well-suited for smaller to mid-sized nonprofits. Notably, Fund EZ, QuickBooks Online, and QuickBooks Desktop have consistently demonstrated their effectiveness in this regard. Leveraging our expertise with these platforms, we can provide valuable assistance to your organization in selecting and seamlessly implementing the most suitable accounting solution that perfectly aligns with your specific needs and budget. Count on us to empower your financial operations and propel your nonprofit towards success.
Braver Associates understands the difficulties involved in preparing and balancing your annual budget. Our team employs a collaborative approach, fostering teamwork in the process of budget preparation, strategizing, and planning. You can rely on us to work closely with you, involving all key personnel to create an inclusive and comprehensive budget that encompasses your programs, initiatives, and funding streams. With our support, you can approach your budgeting with confidence, knowing that all aspects have been carefully considered and accounted for.
In the nonprofit sector, we understand that many organizations face budgetary constraints that make it challenging to hire an in-house Director of Finance or CFO. Braver Associates offers a practical and viable solution, providing the necessary support within your budget. Our collaborative approach involves analyzing your accounting practices, offering tailored recommendations for efficient cash management, and preparing comprehensive financial reports to keep you well-informed.
Don't worry if you're not an expert at interpreting financial information. We've got you covered! We take the time to walk you through the interpretation process, ensuring you feel confident when presenting financial data to donors, stakeholders, constituents, government entities, and the general public. With our assistance, you can focus on your nonprofit's mission while maintaining sound financial stewardship.
Navigating grants can be challenging, as they bring with them fiduciary responsibilities that require careful preparation for their proper utilization. Braver Associates boasts a wealth of experience in handling federal, city, and state compliance, along with expertise in managing private funding. Our team is well-versed in these areas and can collaborate with you and your team to ensure you are well-informed about grant compliance processes, both at the private and government levels. With our support, you can confidently manage grants, meeting all requirements and maximizing their impact for your organization.
Braver Associates firmly believes that a successful audit starts at the beginning of the fiscal year, by implementing efficient processes, accurate accounting, and adhering to best practices from the outset. To support this approach, we provide audit oversight and preparation services that pave the way for a favorable year-end audit. With our meticulous attention to detail and commitment to excellence, you can rest assured that your organization will be well-prepared for a smooth and successful audit, ensuring compliance and financial integrity.
Properly managing your funds is a crucial step towards achieving long-term financial success. Our team of experts is dedicated to preparing a comprehensive long-term financial plan with accurate forecasting, providing you with the necessary information to make well-informed financial decisions. These key factors are instrumental in promoting success and ensuring a solid and resilient financial position for your organization. With our guidance, you can confidently steer your financial future towards prosperity and stability.
Nonprofit organizations holding investments should disclose their fair value. With Braver Associates' extensive expertise, we adeptly reconcile a wide range of investment vehicles. Our dedicated team meticulously prepares the necessary reconciliation schedules to ensure accurate and compliant reporting of the fair market value for your investments.
The allocation methodology of a nonprofit serves as the foundation for equitably distributing shared and indirect expenses among its programs. It not only establishes stability and structure but also facilitates effective data collection for maximizing performance. Braver Associates possesses extensive expertise in developing robust allocation methods that enhance speed, efficiency, and the accurate collection of accounting data. With our guidance, your organization can achieve a streamlined and transparent allocation process, ensuring resources are optimally utilized to support your mission and goals.
The significance of a well-trained and efficient staff in supporting day-to-day operations cannot be overstated. Studies have demonstrated that employees who feel adequately supported tend to experience higher job satisfaction, leading to increased retention rates. Our training and support services are designed to enhance the efficiency and accuracy of your operations while empowering your employees with the necessary tools for success. With our help, you can cultivate a skilled and content workforce, contributing to the overall growth and success of your organization.
We can’t wait to be part of your financial team - delivering solutions that help you succeed while supporting you in telling your dynamic and compelling financial story.
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