Customer Success Story |
Success Story: Nonprofit Saves Big, While Increasing Mentoring of Texas Youth
Big Brothers Big Sisters of Central Texas (BBBS) is a nonprofit organization that promotes the development of healthy mentoring relationships between adult volunteers and at-risk youth. It also acts as a scholarship program for youth who may not be able to afford a post-secondary education.
Like a number of other charities, BBBS relies on outside funding to deliver its services and keep its offices up and running. BBBS of Central Texas found that it could save time, effort, and money with a true nonprofit fund accounting™ solution. Behind the scenes, Holly Raymond, Vice President of Finance and Operations, along with the BBBS staff, use Abila MIP Fund Accounting™ to break out important financial information in a variety of ways, which results in a simplified reporting process. These operational actions are the driving force of awarding the scholarships and mentorships on an ongoing basis.
A big part of the help BBBS has been able to extend to thousands of children in Central Texas is due to its ability to manage money. The functionality of Abila MIP Fund Accounting™ not only can help the charity better keep track of funding, but BBBS has also been able to save money from various divisions to put toward more campaigns and causes.
“BBBS was able to save $50,000 in 2013 – money that allowed an additional 40 children to be mentored.”
– Holly Raymond, Vice President of Finance and Operations
Download the full BBBS success story to read more details.