FINANCIAL Services

TRANSFORMING RESOURCES

Ola Saad, Friends In Deed

Nonprofits that have a clear picture of where the money is, where it’s going and where it’s needed are better able to focus on what matters most.

NEW works alongside organizations to build financial resilience, whether that means support for starting up, guidance through a tough transition or a smarter way to manage donations and payroll.  

HEAD’S UP!

NEW takes a break from following up on financial services inquiries and onboarding new clients between November 1 and January 31. If you reach out at the end of the calendar year, we’ll follow up with you at the beginning of February!

“Some nonprofit founders are terrified by numbers—and that’s OK! You don’t have to be good at everything.

NEW works behind the scenes to help you develop a shared logic for your financials, so that you can tell the story you need to tell.”

Allison Morris, NEW Director of Financial Services

SERVICES

STRATEGIC FINANCIAL CONSULTING

NEW’s financial consultants specialize in the dynamic needs of evolving nonprofits. With your mission in mind, we help your team develop a solid financial plan for achieving it.

Our services include:

  • Assessing your nonprofit’s financial position
  • Training your staff and board members in good financial practices
  • Helping you establish annual budgeting processes
  • Designing and updating cash flow projections
  • Creating or updating existing financial policies
  • Revising and updating your financial procedures

BOOKKEEPING SERVICES

NEW’s cost-effective services help nonprofits organize information, simplify and track financial transactions, and improve transparency.

Our services include:

  • Transaction entry, categorization, and statement reconciliations
  • Invoicing & receivables; bills & payables
  • Organizational & grant budgeting; grant reporting
  • Preparation & interpretation of financial reports
  • Support with financial audit/review
  • Guidance in best practices for documentation, fundraising events, sales, and tax filings

Linda Davis

We had a few phases to go through before becoming a full-time store, and NEW was awesome in getting us to that place. Relying on their bookkeeping lets us focus our volunteer time on what we know: marketing, promotion and getting more farmers to sell in our store.

Linda Davis, Acorn Farmers’ Market and Café

LET US SUPPORT YOUR WORK

Contact us to co-create a plan that meets your budget and needs.

Our financial services team takes a break from onboarding new clients from November through January. This allows us to reliably complete year-end tasks, while accommodating our clients’ busy schedules. Feel free to reach out, and we’ll follow up with you at the beginning of February.

Resources

NEW: Starting Your Nonprofit

A step-by-step guide to forming a Michigan nonprofit

NEW: Finance Fundamentals

An on-demand webinar series for successful financial stewardship