- Friends of Mills, Inc.
- Kashi Atlanta, Inc.
- Atlanta Youth Soccer Association, Inc.
- Betta Place, Inc.
- Mountain Top Boys Home, Inc.
- Global Peace Makers Association Atlanta
- The Global Soap Project
- JumpStart International, Inc.
- Georgia Youth Ballet Company
- Clifton Sanctuary Ministries, Inc.
- Georgia Council of Chiropractic, Inc.
- Men Stopping Violence, Inc.
SITUATION:
Each year, a non-profit company encounters delays and frustration in completing an annual audit, essential to procuring grants. Daily bookkeeping included charges for five staff credit cards, periodic reimbursed expenses, facility payables, restricted grants and individual donations with thank you letters needed. The staff member responsible combined bookkeeping with another full-time responsibility. The Board of Directors received inaccurate, late reports. Bank balances and cash requirements were not known.
SOLUTION:
SBS was engaged to clean up the existing data, tying all Balance Sheet accounts to source documents. Our Senior Consultant worked with the auditors to provide detailed reports and answer inquiries. The accounting system was improved to achieve efficiency and timely reporting.
After reorganization and through an evolution of delegation, the Board of Directors engaged with SBS to position its virtual accounting office with our company, with a Small Business Management Consultant in charge of bookkeeping, cash-flow control, donation letters, and prompt response to staff requests. SBS's payroll option, Payroll Plus, handles payroll processing for the staff of ten. The SBS Senior Consultant is the outsourced CFO, reviewing the accounting system, working with the auditors, creating specialized cost reports required by the State of Georgia, and assuring accurate, timely reporting to the Board of Directors.