Nonprofit Financial Assessment

An objective view of what’s behind the numbers

Financial statements tell part of the story. A nonprofit financial assessment reveals the rest: the people, processes, and technology that determine whether financial information is accurate, timely, and reliable.

For leadership and boards seeking an objective view of whether the organization’s financial function is equipped to support its mission, funding requirements, and governance responsibilities, the assessment provides clarity that audits and reports cannot.

When the assessment is complete, gaps become visible. Priorities become clear. Leadership gains the shared understanding necessary to strengthen financial infrastructure deliberately, before problems surface in an audit, a grant review, or a board meeting.

That clarity is what Han Group’s Financial Assessment delivers. It’s not an audit. It’s a diagnostic.

Financial Reporting & Controls

The structure, clarity, and reliability of financial information:

Financial statement structure, content, and presentation
Timeliness and accuracy of monthly and annual reporting
Internal controls supporting financial accuracy
Reconciliation practices and documentation
Alignment with accounting standards and best practices

Liquidity, Reserves & Sustainability

The financial stability that supports operations and long-term planning:

Cash position and liquidity trends
Operating reserve levels and policies
Working capital adequacy
Revenue concentration and sustainability
Financial indicators and trend analysis

Governance & Oversight

How financial information supports board and leadership decision-making:

Quality and clarity of board financial reporting
Finance committee structure and effectiveness
Budget development, monitoring, and variance analysis
Financial policy documentation and implementation
Audit preparation and committee oversight

Finance Team Capacity

Whether staffing aligns with organizational complexity and risk:

Roles, responsibilities, and organizational structure
Skill sets and professional development
Capacity relative to workload and complexity
Segregation of duties and coverage
Succession planning and knowledge continuity

Financial Processes

The workflows that produce reliable financial information:

Transaction processing and approval workflows
Month-end and year-end close procedures
Grant and fund accounting practices
Process documentation and consistency
Efficiency and scalability of current practices

Financial Technology

Whether systems support or constrain financial operations:

Accounting system capabilities and utilization
System integrations and data flow
Reporting tools and dashboard availability
Data security and access controls
Technology gaps and upgrade considerations
Month-end and year-end close procedures
Grant and fund accounting practices
Process documentation and consistency
Efficiency and scalability of current practices

What you receive

The assessment concludes with a comprehensive deliverable designed for leadership, boards, and finance committees:

A clear assessment of strengths, gaps, and risks across people, process, and technology
Practical recommendations prioritized by impact and urgency
Insight into how financial practices affect credibility with external stakeholders
A roadmap to strengthen financial infrastructure and reporting
A foundation for informed conversation between leadership, the board, and finance staff