The Salesian Boys’ and Girls’ Club (the Club), is a nonprofit that celebrates the modern youth and is located in San Francisco, hosts athletics, library resources and more.
In the past, the Club struggled with their internal record bookkeeping process and lacked the organization needed to produce timely and accurate financial information for management and the board. When SD Mayer began working with the Club in 2014, the Club had no established accounting procedures in place and no accounting system. The record-keeping was all done manually. There was a lack of records for the financial transactions which made it difficult to accurately determine the flow of money on a monthly or even daily basis.
The general ledger accounts were not reconciled on a timely fashion which resulted in the lack of financial information that is needed to run the Club’s operations effectively and efficiently. Accordingly, the board was not set up to properly understand and make informed decisions based on the available financial numbers.