Three steps to nonprofit financial stability

When you engage k-squared’s services, Karen Kennelly becomes your resource.

STEP ONE: Identification of Needs

Karen meets with you to discuss your nonprofit organization and its financial needs. She suggests that the executive director and accountant (or other members of the financial team) be in that meeting. Don’t worry; she understands that this process can be organic and is able to shift with you as your needs change.

STEP TWO: Formulating a Plan, Agreeing on Timing and Scope

Karen puts together a scope of services proposal detailing how she’ll address your needs, including the frequency of services and a fee estimate. You work together on clarifications and iron out the details. For project-based work with a defined beginning and ending, Karen may work for an hourly rate or present a fixed fee. If Karen provides outsourced CFO services for your organization, you’ll usually sign a one-year contract, renewable on an annual basis.

STEP THREE: Physical Presence, Remote Access

Karen likes to be as accessible to her clients as possible. She believes her physical presence in your office, whether weekly, bi-weekly, monthly or otherwise (based upon your needs), allows both parties to get the most out of the experience. She can answer questions quickly and get to know your not-for-profit company culture. She’s also available when she’s not physically in your office and can address concerns, answer questions–and even put out fires–through remote access.

See what other not-for-profit organizations have said about the process of working with Karen.

Have questions? Want more information? Set up a call with Karen or see the answers to FAQs.