Your Partner for Bookkeeping and Controller Services

Contact Us

What are you interested in learning more about?

×

Supporting Strategies Blog

Case Study: Modernizing a Mature Nonprofit's Bookkeeping

Share:

Case Study: Modernizing a Mature Nonprofit's Bookkeeping

|

Supporting Strategies case study bookkeeping client Arlington ThriveWhen he became Executive Director at Arlington Thrive in March 2016, Andrew Schneider encountered a problem common among mature nonprofits: "Over time, as in any organization, internal systems develop that make sense to the people who are operating them but might not make sense to new people coming in."

In fulfilling its mission of providing same-day, emergency financial assistance to residents of Arlington County, Virginia, the organization relied on a steady flow of cash. A legacy bookkeeping system, coupled with a nearly indecipherable method of donor classification, threatened to disrupt that flow. Schneider needed to resolve the problem quickly. Supporting Strategies | Northern Virginia and Managing Director Indre Bauza delivered a solution.

A Clearer View
Supporting Strategies took a proactive approach to solving the problem — from modernizing the bookkeeping system to establishing monthly conference calls with the finance committee. The result? Real-time financial reporting, enhanced communication, and greater financial transparency.

Looking Towards the Future
For Schneider, the difference from the situation he walked into on his first day has been striking. "Supporting Strategies has allowed us to get out of our own way and focus on the long-term strategic financial-planning decisions we need to make," he says.  To learn more about how Supporting Strategies can help nonprofits be more mission-focused with nonprofit bookkeeping services, read the case study.
Indre Bauza

Author:

Indre Bauza

Indre Bauza is Managing Director of Supporting Strategies | Northern Virginia.

Legal and Tax Disclaimer

This website is created by Supporting Strategies to provide general bookkeeping and accounting information only. Supporting Strategies does not provide tax, legal or accounting advice, and the information contained herein is not intended to do so. As such, the information provided should not be used as a substitute for consultation with professional tax, legal, and accounting advisors, and you should consult with a tax, legal and accounting professional before engaging in any transaction.