Non-Profit Practice Group
Whether through donations or grants, a non-profit organization (NPO) must continuously raise funds in both positive and negative economies. This demand puts tremendous pressure on NPOs to expand or contract their stated missions and often leads to restricted and prohibited use for some donations. This is not the typical role of a public company or government CFO. Mission-driven organizations require CFOs who are familiar with and adept at working within the challenging and unique environment of non-profit regulation and law.
In our NPO practice group we have assembled a network of experts with years of experience guiding and advising non-profits. The practice is lead by a partner skilled in NPO financial guidance including tax, accounting, capital management, grant writing, and cutting edge services such as crowd funding. We offer consulting services on an on-going or project basis, provide interim NPO financial executives, and recruitment services for direct-hire NPO financial positions. Further, the Consulting CFO can work alone or assemble a team to execute a short-term crucial project or take on a long-term responsibility.
Practice Leaders – Jess Gutierrez and Jack Doty
Jess Gutierrez has supported non-profit organizations as a senior executive, Chairman of the Board, and non-board member advisor. His work with non-profit organizations during the last twenty five years includes supporting foundations, research institutions, land trusts, and children’s support agencies. He works with management teams and Boards on the development of financial reporting systems, policies and procedures, strategic planning, forecasts and budgets, and recruiting and training accounting personnel.
Jack Doty co-leads the Non-Profit (NPO) Practice Group at CFOs2GO. He has board seats with the San Francisco Chamber of Commerce Foundation, the San Francisco Center for Economic Development and the Steering Committee of the NorCal district of the American Diabetes Association. He is a past director of the San Francisco Coalition for Better Housing and the Association for Corporate Growth and was the founding president and director of both the Lower Nob Hill Apartment Hotel District and the Community Association Management Institute.
The Challenging Role of the NPO CFO
The CFO must provide the NPO the analytical skills, processes, and governance knowledge needed to support the mission and stay financially healthy. In addition, the CFO must help the NPO implement practical, analytical, and sustainable approaches to program decision-making and instill discipline that can be leveraged to deliver on the organization’s mission.
Attracting a good NPO CFO is not easy. They must work comfortably with the NPO board and CEO/Executive Director, be the sole expert in financial matters and able to articulate this position, and generally supportive of the organizations mission.
At CFOs2GO we specialize in NPO financial performance. We offer consulting services on an on-going or project basis, interim NPO financial executives, and recruitment services for direct-hire NPO financial positions. We can place a consulting CFO within five days anywhere in the US.
Our NPO services also include contract and direct-hire of other financial professionals including controllers, bookkeepers, accountants and IT professionals. Unlike other organizations that provide interim CFO services, we provide access to all levels of financial talent and tailor engagements to suit the needs of the organization today, tomorrow and over time. Our relationships with many NPO organizations span decades. They value our consistent ability to correctly assess their needs and design engagements to efficiently and cost-effectively address those needs with the right NPO financial professional. After placing a CFO with a NPO, we are often asked to provide board advisory services.
We retained CFOs2GO during a period of transition at The Big Sur Land Trust. They were quick to provide a team to assess our needs, and step in to support both our routine and complex financial needs utilizing our unique non-profit accounting system. CFOs2Go proved to be a reliable resource and allowed us to keep moving forward as an organization while finding new permanent finance staffing.
William Leahy, Executive Director
Big Sur Land Trust
CFOs2GO stepped in to assist us with the restructuring of our accounting department. Their advice supported the development of efficient processes for financial reporting and support for our diverse operation requirements. Their flexible structure enabled them to grow with our success.
Debra Levin, President & CEO
The Center for Health Design
I can’t thank you enough for introducing Michelle to our organization. She brings refreshing energy and a high degree of competence to the Controller position. Thank you for helping us fill this position quickly. I can’t imagine a better person than Michelle in the position.
Tim O’Keefe, Executive Director
Jack – Your assessment and report has given us a financial plan that is really excellent – you clearly spent some detailed time getting under the skin of our finances! We managed the transfer without too many headaches – thanks in large part to your preparatory work.