Financial Planning

Help Mommies In The D improve their ability to predict the financial impact of changes in their funding and expenses, so that they can effectively plan for the future and avoid surprises.
Mommies In The D
Eastpointe, MI, USA
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Mommies In The D
Eastpointe, MI, USA


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Posted September 12th

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Project Details

What We Need
  • An Excel spreadsheet custom-built specifically for the Organization's finances
  • Training on how to use the spreadsheet to understand the current financial situation and predict future states (e.g., plan for budget increases or decreases, hiring, and other key drivers)
Additional Details

Mommies in the D is growing its capacity by focusing in on prospective budget planning. We need support with understanding how to increase current financial situation, and how to support multiple funding streams throughout the next fiscal year.

What We Have In Place
  • We currently have An approved operational budget, which should make it easy for you to get started. We also have Quickbooks and a Bookkeeper, and the ability to provide any other information you need.
How This Will Help
This project will save us $14,474 , allowing us to support our program budget increasing to another County in Michigan.

To ensure our sustainability, Mommies in the D has to be able to understand the value of our impact and how to continue to grow our budget to sustain the growing work.

Project Plan

Prep: Distribution of Prep Materials
  • Volunteer Manager provides Professional with current accounting needs and practices, chart of accounts or operating budget, and financial statements currently being generated (e.g,. statement of financial position, statement of activities, or statement of cash flows)
  • Optional: If you are concerned about the sensitive nature of your financial data, have a volunteer sign a non-disclosure agreement
Milestone 1: Analysis & Recommendations
  • Professional analyzes current accounting system, and recommends improvements to data gathering, reporting, or implementation of new bookkeeping software
  • Volunteer Manager provides feedback which Professional incorporates
Milestone 2: Implementation
  • Professional helps the Volunteer Manager to implement recommendations
Milestone 3: Training
  • Professional trains Volunteer Manager on how to fully implement recommendations to ensure sustainability
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About The Org

Mommies In The D
Our Mission

MITD empower young mothers to achieve personal and parenting goals by establishing growth-centered environments and constructive collaborations that support personalized social, economic, and emotional development.

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