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What is a GSP and how do you use it?
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Fund Development & Grant Strategic Plans
(GSP)
What are your CSPs?
Challenges
Solutions
Potential
Challenges that you face today
You need...You need...
More staffing
To monitor your accounting and record keeping
More money and cash flow
Grant (s) confusion!•What are they?•Where you get them?•Why can’t YOU get them??•WHY do you want them?•How big, how small?
•Some misconceptions about Grants
How we can help
We offer three different services• Compliance
• Accountancy
• Fund development, Grant Strategic Plans (GSP) & Grants
Compliance Package A: Review current status for compliance for IRS, Franchise Tax Board, Board of Equalization, Attorney General, Tax Assessors Report, past two years tax returns, and any forms for any foundations that you do business with, want to or plan to.
Package B: for nonprofits doing less than $50K annual gross income: Review as above with all agencies and filing of required forms
Package C: for nonprofits doing less than $50K annual gross income: Complete balance sheet, P &L forms, most recent IRS tax returns, plus filing of all forms in “B”
NOTE: We have found that even the “large” nonprofits have compliance challenges as their monitoring becomes
more cumbersome
Accountancy Package A: Accounting System: Set up internal controls for proper nonprofit operation. Components include: internal controls; accounts receivable and payable; general ledger
Package B: Budgeting System: Set up budget along with business plans for grant writing
Package C: Monthly reporting package: CFO on demand Complete financial reporting for management, governing boards, auditors, IRS & regulatory agencies and Foundations. Includes preparation of Audit Papers, OMB circulars, Codes of regulations, etc...
Do you have Audited Financials?
Fund developmentPackage A: Grant application add-on: An ADD ON to the
Accountancy package B and includes: mission statement; project outcomes; outcome measurements; statistics
Package A1: Grant application package: a STAND ALONE package for those looking for grant money and includes: mission statement; project outcomes; outcome measurements; statistics
Package B: Fund development & Grant Strategic Plans (GSP): This is a turn key program for efficient, effective and proven fund raising processes and programs
Grant Writing: very specific to each nonprofit and the target donor
What are your biggest pains?
What are your biggest pains?
The biggest needs? Fund Development and Grant Strategic Plans (GSP)
Grant Strategic Plans (GSP)
Like a Business Plan for a regular business. Some stats:
• Over 90% of all businesses have no plan• The chances of getting outside financing
without one? 0%
Success
is not borne by Passion alone...
The right combination:• 40% grant• 60% “other”
• Donor cultivation• Planned giving• Events coordination
(What is your) Potential?How many can you serve? How many can you help?
Success
How high can you go?
I would rather change my ways and succeedthan keep doing what I’m doing and fail. GK
May I introduce
Gitonga Kanampiu, MBA, CPA
20 years in the nonprofit worldFormer Controller Easter Seals, 7 yearsWriter of countless grants including one for $40MA man of humble origins that never gave upTeacher at National University & Cal State Fullerton Summer School for Nonprofits
Your teamYour team
Your boardYour board
FoundationsFoundations
Grant writersGrant writers
Compliance Specialists
Compliance Specialists
AccountantsAccountants
Gitonga& TeamGitonga& Team
How large is your organization?Small: < $250 annual budgetMedium: $250K-$1.5MLarge: $1.5M
We’ve done the surveys.We know what youneed..
Don’t be a “Shoebox” nonprofit
• No ED (or one without a salary)
• No Board (or one that is not committed, engaged or productive)
• No money…
Next steps:Complete our information sheet
Do an assessment of your organization
Ask yourself: “Are you serious”
Call us if we can help
Together we can make a
difference