Food Pantry Financial Management Toolkit (2018)
We commissioned Bee, Bergvall & Co. to create this toolkit to help food pantries better manage their finances and learn how to use their financial reports in planning.
This updated toolkit builds upon two previous financial management toolkits – one for standalone pantries and one for faith-based pantries – developed by Bee, Bergvall & Co. in 2016. Changes in accounting regulations required an update. We took the opportunity to enhance the value of the toolkit by providing greater detail and expanding this version to include more advanced concepts related to planning and forecasting.
The toolkit begins with a discussion of the foundational elements food pantries and other nonprofits need to have in place, such as basic recordkeeping compliance issues, internal controls and financial statements. Subsequent chapters delve into more complex financial management topics including budgeting, cash flow, creating dashboards and how to use your reports in planning. And the toolkit has a Quick Start Guide to help users navigate to a specific section, as needed.
We thank Bee, Bergvall & Co. for producing this valuable tool.