A Proven History of Helping Small Companies

Sykes Federal Credit Union offers newly created nonprofit organizations financial management involving setting up practices and processes used by nonprofit organizations to effectively manage their finances in order to achieve their mission. It involves creating and adhering to a budget, tracking income and expenses, and making sound financial decisions while considering the organization's long-term sustainability. Key principles include transparency, accountability, and ethical decision-making. Effective financial management helps ensure that a nonprofit has the resources it needs to carry out its programs and achieve its goals