Capstone – Project

Redesign the finance structure and processes of Jersey Cares to position the organization for strength, compliance and growth.

A Collaboration Between

Project Synopsis

Jersey Cares has grown from a $100,000 revenue organization in 2006 to a $3 million dollar organization in 2022. Our financial management systems and structure have grown with the organization, albeit somewhat organically. We do not have a CFO and all finance responsibilities fall to the CEO for oversight, an Operations Director who does not have a finance background, an outside bookkeeping firm and an independent auditor. The organization is at an evolutionary crossroads and needs to step forward into a more advanced and robust financial management system. We wish to identify weaknesses and gaps as well as opportunities for greater control and efficiency to create a new and appropriate system including cash management systems, staffing structure, approval processes, risk controls, grants management and other components.
A comprehensive deep-dive into existing structures and processes will be required to conduct a thorough analysis. This would need to include: • Interviews with staff • reviews of existing forms and process flows, • analysis of similar sized organizations, • study of IRS requirements, • and more. Building on the analysis, preparation of recommended structure and processes within budget guidelines (to include cost details) will be needed.
Success will be a clear, detailed structure and process map with written findings and recommendations for an optimal, redesigned financial management system. Provided budget parameters and other criteria are met, we would like to have implemented the majority of the team’s recommendations within six months of completion.

Project Topics

Company Information

CompanyJersey Cares, Inc.
HQNew Jersey
StageSmall Business
Hiring PotentialN/A

Company Overview

Jersey Cares, a nonprofit organization, established in 1993, recruits and engages volunteers in rewarding, effective efforts that address community-identified needs. We partner with local nonprofits to identify needs and implement volunteer projects to meet these needs.

Experiential Learning Program Details

SchoolNew York University (NYU)
Engagement FormatCapstone - Small Team Consulting Project - Students work in consulting teams of 3-5 directly with faculty and client liaisons on developing real solutions to real-world challenges.
CourseFinance Annual Capstone Program – NYU Wagner (Fall ’22, Spring ’23)
  • All Graduate
Students Enrolled3-5 students per project
Meeting Day & TimeMondays 6:45-8:25 PM ET
Student Time Commitment4-7 Hours Per Week
Company Time Commitment2 Hours
Duration33 Weeks

Program Timeline

Touchpoints & Assignments Due Date Type

Key Project Milestones

Project Resources

There are no resources currently available

Industry Mentors

Company Admin

Brian Dean

[email protected]

Academic Mentors


Elizabeth Larsen 

[email protected]

Assigned Students

There are currently no students assigned.