Innovative Uses of Support Services

 

The following are examples of innovative ways that CNDC has worked with various organizations to create efficiencies and increase effectiveness in the nonprofit sector.

 

Mayor's Office of HIV Resources

 

The Mayor's Office of HIV Resources (MOHR) asked CNDC to provide accounts payable services for the Metro Denver Ryan White funds as a way of expediting monthly payments to service providers.  This expedited payment process for service providers minimizes the cash flow problems that are a normal part of a government reimbursement contract.  CNDC agreed to write checks to providers and track Ryan White funds. The result is an expedited payment process for providers that also meets the accountability standards of the Mayor's Office of HIV Resources.

 

Financial Assessment

 

The Rose Community Foundation and The Colorado Health Foundation asked CNDC to assess the financial management operations and capacity of a nonprofit that both foundations had invested in.  CNDC conducted the assessment and made a variety of recommendations regarding internal controls, accounting function, audit, and tracking of restricted dollars.  Based on CNDC's recommendations, the nonprofit outsourced its accounting and revised its internal controls.

 

Review of Accounting Functions and Coaching for Staff

 

CNDC was approached by a nonprofit to review its accounting, grants tracking, and internal controls, and provide guidance on financial reporting.  CNDC consulted over several months to help the nonprofit migrate from only having an outsourced CPA to a more cost-effective assignment of duties between client staff, payroll service, and outsourced accountant.  In addition, CNDC coached staff on designing and using understandable financial reporting to enhance effective management.