Not for Profit Organizations
We can help you get where you want to be.
RFS Solution
RFS works with any number of accounting software packages and offers training, support,
and oversight.
RFS develops accounting policies and procedures that can be institutionalized and utilized by
incoming personnel regardless of their tenure.
RFS prides itself on providing accurate, timely, and consistent information. We will have monthly financials to you on the day you request them and are available for Board presentations as well.
RFS has extensive experience assisting not-for-profits with their tax reporting.
RFS continually works with auditors on our clients’ behalf. We can provide onsite or offsite support to minimize disruption to your organization.
Accounting outsourcing makes perfect sense because you only pay for the time used. Also in the RFS model, the correct level of staff is assigned to each task. You pay controllers to do controller level work and accounting staff to do staff work.
Benefit
You can leverage existing personnel and their abilities by using RFS to supplement their capabilities.
Your organization doesn’t have to reinvent the wheel every time a new accounting manager comes on board. RFS provides continuity, consistency and
institutional experience.
Board and large donor confidence is increased when financial information is presented in a format they can understand and on a routine timetable.
Your tax filings are discussed and planned for annually. Annual compliance filings are scheduled and handled routinely.
Audit costs are minimized since the information provided is efficiently presented by accounting professionals familiar with the audit process.
Your dollars go farther because you’re getting the information you need from trained, responsible accounting professionals. Work is performed on an as needed basis.
Issue
My accounting software is really complicated and my bookkeeper
is overwhelmed.
There seems to be a lot of
turnover in the not-for-profit world both in staff and volunteers.
My Board likes to receive
monthly reports. How can we
get financial statements
consistently?
Is it possible to get
our 990’s done without filing
an extension.
Can you handle our annual and grant projects’ audits as well?
Is RFS able to design a program that works within our
accounting budget?
RFS understands the unique needs of not-for-profit organizations. Inside membership-based organizations and public charities, the importance of accurate, timely and consistent financial reporting can sometimes get overlooked. However, RFS can bring clarity to your organization’s financial information.
Here is an example of how RFS assisted a not-for-profit company in maintaining its accounting system:
The company let its controller go. At the time, they had a part time CFO who had no knowledge of the accounting systems the company was suing. RFS provided the accounting knowledge and the software knowledge to keep their accounting up and running. We also guided them through setting up accounting policies and procedures.
Financial Result: RFS helped the company maintain its accounting systems and increase their level of efficiency by over 50%.
See the below chart for answers to your questions. Need additional information? Contact us!
THE PREMIER U.S. BASED ACCOUNTING AND FINANCIAL OUTSOURCING FIRM™
EXCELLENCE SINCE 1994
The Premier U.S. Based Accounting and Financial Outsourcing Firm™
Copyright © 2009 Rose Financial Services
Biotech Emerging Growth Government Agencies Government Contractors Deltek Not For Profit International
