CFPHE often serves the administrative arm of projects that aim to make investments in a quicker, more meaningful, and realistic way for communities. CFPHE has a very strong, yet simple, contracting process. CFPHE practices have been reviewed by federal, state, and independent organizations and has received standard to exceptional ratings on fiscal management of funds. CFPHE is often used as the applicant organization for HRSA, NIH and CDC for various projects.
- Record keeping and reporting of project finances, including cash receipts and disbursements.
- Accounting of all funding streams, including class based system that allows for monitoring of multiple funding sources. This includes tracking of any restricted funds.
- Monthly balance sheets, income statements and general ledger reporting.
- Technical assistance in developing budgets and monitoring cash flow.
- Tax filings and reporting with the IRS, as part of CFPHE filing.
- Project is incorporated into CFPHE audits, including A133 compliance audits.
- Financial reporting and billing for cost reimbursable grants.
- Administration of property, liability and other insurance as needed.
- Acknowledgement to donors of tax-deductible donations.