Laxton brings a strategic perspective to your team, providing thought leadership and trusted advice to your nonprofit. Our CFOs works with your executive team to assess financial needs, develop strategies, and implement changes to further your organization’s financial health and operational well-being.

• Financial strategy development with leadership teams and boards

• Oversight of and accountability for accounting and financial operations

• Finance team development

• Budgeting and forecasting

• Internal financial reporting, planning, and analysis

• External financial reporting and compliance

• Subject-matter expertise and resource for leadership, board, and staff

• Relationship management with financial service partners

Laxton puts the financial pieces together to generate meaningful financial reports. We also have the tools to assess performance and forecast future results while monitoring compliance and internal controls.

• Financial reporting for internal and external constituents

• Budget development and variance monitoring

• Financial planning and analysis

• Development and monitoring of internal controls and financial policies and procedures

• Compliance reviews and reporting

• Audit preparation and facilitation

• Workflow and systems review and support

Laxton provides bookkeeping and accounting resources to get your work done efficiently.

• Bookkeeping services to capture and process ongoing activities

• Assess and implement tools and workflows to improve the processing of accounts payable, accounts receivable, gifts and grant tracking, expense management, and payroll

Laxton approaches financial operations assessments recognizing the interdependences and relationships that contribute to the success of a cohesive and well-functioning finance team. We work with your nonprofit to understand the current state “as it is” to identify the root issues to solve to create the desired future state. Laxton can perform a comprehensive financial operations assessment, or we can focus on specific concerns in the following areas:

• Finance team roles, expectations, and “right seats, right people” assessments

• Operational policies and workflow design, implementation, and adherence

• Financial systems and applications assessments

• Interdepartmental communications, dependencies, and workflow touchpoints

• Reporting and deliverables – bringing value to stakeholders

Whether your organization is preparing for its first audit or is seeking to have a more efficient and positive result, Laxton has the resources and expertise to improve the outcome.

• Assess and prepare financials for audit-readiness

• Assess workflows and internal controls for audit-readiness

• Assist in gathering documentation and preparing audit schedules

• Manage the audit process as the point of contact with auditors

• Facilitate the review of the audit report and 990 tax return with staff and board

Laxton brings ICF Certified Coaching to support individuals and teams within your organization to develop professionally and improve performance. An executive coach’s job is not to provide the solution but to guide the individual through a process of discovery, problem-solving, and action-planning to seize opportunities for themselves and strengthen their ability to find their own solutions.

• Executive Coaching for leadership development, strategy, change management, and communications effectiveness

• Leadership Coaching for new managers and leaders with changing roles

• Performance Coaching to enhance effectiveness and results

• Team Coaching for achieving shared goals

Laxton provides just-in-time expertise where and when you need it to solve a problem, brainstorm opportunities, fill a gap, or provide an objective perspective and trusted advice.

• Refine budgeting and forecasting methods

• Board training on nonprofit financials and compliance

• Staff training on nonprofit accounting

• Strategic planning and implementation support

• Financial systems assessments, recommendations, and implementation