FINANCIAL
MANAGEMENT
Concept Schools integrate
financial management in
four main areas: (a) capital
campaign, (b)
grant writing,
(c) audit preparation,
and (d) fund raising.
Capital
Campaign
Every progressive and
growing organization runs
a major capital campaign.
The project of the campaign
reflects the mission and
refers to the major future
goals and needs of the
organization to realize
this mission. Your expectations
set the limit for capital
campaigns. Most of the
progressive organizations
have found ways of achieving
their expectations through
capital campaigns.
Concept Schools guides
and assists you to identify
the capital campaign goals.
Our experts also guide
and help you how to run
a successful capital campaign.
The guidance you will
get will inform you about
all “do’s”
and “don’ts”
(strategies) before and
during the campaign. The
assistance will be in
the form of having your
campaign reaching out
to the right givers. A
designated capital campaign
expert will help you go
through the process.
Grant
Writing
Schools across the United
States are in need of
extra resources to revitalize
themselves to meet ever
diversified and increased
student needs. Meeting
the needs of students
in most cases requires
expert services in (a)
identifying the needs,
(b) implementing innovative
programs in meeting these
needs, and
(c) evaluating the
results.
As a supporter of educational
reform, Concept Schools
offers special rates to
inner city or new schools
for grant writing, technical
writing, and evaluation
consulting. Concept Schools
is located in Chicago
and works with clients
nationwide on educational
grants.
Our services
include:
1) Search
for Funding Sources: For
a fee of $500 we search
a database of over 70,000
foundations, corporate
givers, and grant making
public charities in the
country to find the best
funding sources for your
school. For I government
funding searches, the
fee may range from $500-$4,000
depending on the range
and complexity of your
funding needs.
2) Grant Writing:
We write your grant with
your input and background
materials, or re-write/edit
an existing proposal.
The fee for writing a
foundation or corporate
proposal is $2,000. The
government proposal fee
is $3,200.
3) Evaluation Consulting:
Evaluation research design,
production of data Collection
tools, e.g., surveys,
focus group guides, monitoring
forms, etc., data analysis
and report writing. These
services are essential
to continuation funding.
Fees are quoted on a project
basis for evaluation consulting
after reviewing the scope
of your evaluation consulting
needs.
4) Grant Reporting:
Please inquire an in-person
free consultation about
our services on this area
and about how we can address
your needs.
Audit
Preparation
All non-profit organizations
are responsible for administering
an annual fiscal audit.
In most cases, nonprofit
schools are responsible
to administer a performance
audit for educational
results and a audit for
the management of the
institution. Audits must
be run by certified public
accountants.
Since accountability
is vital for the survival
of the schools, Concept
Schools provide services
for readiness to annual
audits. We also connect
your school with independent
audit companies as the
broker. The following
are some of the audit
preparation services we
provide:
- Calculate state and
local aids receivable
- Create account groups
- Prepare summary of
changes in account group
balance
- Have all grants properly
accounted for
- Reconcile fixed asset
additions to object
code 500 series expenditure
total
- Create balance sheets
- Create cash follows
- Create a list of payables
at June 30 summarized
by fund and identified
by (a) accounts payable,
(b) due to other schools,
and (c) due to other
governments
- Summarize payroll
accrual as of June 30
by fund and corresponding
UFARS codes
- Summarize payroll
tax and withholding
accruals, and
- Tie-out 941 salaries
Effective
Fundraising Strategies
Fundraising activities
are the most common ways
of generating revenues
in schools. In most cases,
fund raising is run for
creating ownership and
group spirit rather than
monetary gains. This is
sometimes is just because
the monetary gains are
very marginal. Concept
Schools help to realize
both monetary and secondary
goals of fund raising.
A successful fund raising
campaign may also alleviate
the extra burden from
already overwhelmed teachers
and parents. Our experts
develop a fund raising
activities calendar for
the school year. Semi-annual
or quarterly evaluations
will let you if the fundraising
campaign is working.
There are many alternative
fund raising activities
you may choose from. Developing
sense of ownership is
always a focus in additions
to generating money in
our fund raising campaigns.
Large-scale fund raising
campaigns are designed
and run by our experts.
Please contact our fund
raising activities representative
to get detailed information
about our effective fund
raising activities, which
may better fit your needs.
The following are some
of the fund raising activities
we coordinate:
- Walkathon
- Dress Down Day /
Pajama Day
- Pizza Day
- Hot Dog Day
- School Picture Day
- Art Bazaar
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