FREE UP YOUR TIME AND HEADSPACE

Management and data that sets your school ahead.

Finances & accounting

Tuition management

Fundraising & development

Human resources

We’ll build a custom suite of services based on your school’s needs and goals

Finances & Accounting

Multiple spreadsheets. Inaccurate data. Minimal or no reporting. Delayed taxes.

This is often what schools are dealing with, causing chronic cash flow issues and leaving leaders sorely lacking the data they need to make informed decisions.

THE SOLUTION

We bring your books up to date, manage your accounting on a day-to-day basis, help you develop a financial plan, and deliver accurate daily, weekly and monthly reports for cash flow, income, receivables and projections.

Core Services

Bookkeeping

  • Chart of accounts/general ledger
  • Journal entries
  • Accounts payable / accounts receivable

Banking

  • Deposits
  • Reconciliations

Efficiencies

  • Record-keeping
  • Standard reporting
  • Budget and cash flow management

Standard reports

  • Monthly: Cash and accrual (balance sheets, income statements, cash flow and budget comps)
  • Weekly: Payables, liabilities and collections reports
  • Daily: Cash status report

Additional services

Cleaning up books, catching up on bank reconciliations, re-working chart of accounts

Working with the school leadership to set up cash and accrual, annual and quarterly, budgets
Developing processes and chain of command for timely and accurate workflow
Implementation of new programs and processes
Setting up processes for cash and accrual record-keeping
Billing, audit and reconciliations
Customized reporting
Vendor research and proposals
Yigal and his team not only alleviate the administrative burden but also provide valuable insights as advisors, drawing from their extensive experience working with numerous schools. We are thankful for our client relationship and would wholeheartedly recommend them!

Rabbi Binyomin Mermelstein

Executive Director – Torah Academy of Boston

Tuition Management

It’s hard to stay on top of tuition, and you’re leaving money on the table.

THE SOLUTION

Using your guidelines, and with sensitivity and warmth, we handle your enrollment and handbooks, tuition agreements, and tuition collections, which typically results in drastically increasing tuition income and cash flow.

We’ll also set up and administer your Financial Aid, giving you clear, accurate data and suggestions – all while leaving you in charge of making sensitive and crucial decisions.

Core Services

Tuition and fees

  • Process management and upkeep
  • Applications, enrollments and tuition agreements
  • Forms, waivers and handbooks
  • Tuition payments and billing

Financial aid

  • Setup and administration
  • Data verification and determination
  • Tuition Committee reporting and support

Efficiencies

  • Record-keeping
  • Detailed reporting
  • Parent communications

Additional services

Tuition negotiations
Tuition collections
Implementation of new programs and processes
Standard and specialized reports:

Periodically: Financial Aid and tuition analysis

Monthly: Aging receivables, tuition billing audits, collection reports

EmpowerED Solutions has really set us up for success. They’ve brought a lot of professionalism on board and have created and maintain systems to give us accurate and detailed data. This has been such a key factor in enabling us to operate more efficiently, fundraising more successfully and be in a stronger position with our budget and cash flow.

Rabbi Eliyahu Kaufman

Rosh Yeshiva – Texas Torah Institute

Fundraising & Development

Your database may be disorganized and have duplicate entries.

Or you’re not collecting on pledges and sending out timely communications. Or you’re not following up with donors and have no comprehensive plan for fundraising.
You’re not alone.
So many schools struggle with the same issues.

THE SOLUTION

We’ll set up or adapt to your fundraising platform, track your donors and campaigns, generate critical development reports, follow up on pledges, and keep your momentum going.

Core Services

Fundraising

  • Workflow management and upkeep
  • Campaign and fund setup and tracking
  • Approaches, goals and benchmarks

Standard reports

  • Donations, pledges and payments
  • Receipting and invoicing

Efficiencies

  • Record-keeping
  • Standard and customized daily, weekly and monthly development reports:
    ⋅ Donor and campaign reports
    ⋅ Data mining and donor trends
    ⋅ Moves management
    ⋅ Cash flow analysis
    ⋅ Receivable and collections

Additional services

Development planning and strategic outlook
Campaign consultation and support
Database management and integrity
Set up of online forms, campaigns and platforms
EmpowerED Solutions is very professional and knowledgeable. They are very easy to deal with, they understand the systems and support that are needed by the school and are experts at implementing those solutions.

Adi Klevit

Business Success Consulting Group for Zucker Schools

Human Resources

Payroll administration can get complicated.

The management and upkeep are time-consuming, and errors are costly.

THE SOLUTION

We’ll handle your onboarding, record-keeping, benefit administration, contracts, handbooks and job descriptions, payroll, taxes and filings – all with detailed reporting to keep you updated and in control.

Core Services

Payroll

  • Onboarding and payroll setup
  • Record-keeping and process management
  • Payroll administration
  • Taxes and filings
  • Employee Communications

Efficiencies

  • Benefits administration
  • Compliance management
  • Detailed reporting
  • Worker’s Comp, Audits

Additional services

Clean up, update and organize employee records
Implementation of new programs and processes
Set up tracking and reporting protocols for subs, temps, and other hourly employees
Contracts, handbooks and job descriptions
Our bookkeeping, admissions and enrollment, HR, payroll, taxes, and fundraising were all being managed by our executive director, who was understandably pushed to his limits. The school had experienced rapid growth, and the admin aspect hadn’t been able to keep up, particularly in finance and accounting. There was minimal reporting, our budgets were one dimensional, taxes were consistently delayed, we were paying excessive fees for credit cards and bounced checks.

Our admissions and tuition processes were not streamlined or well-managed, leading to delayed payments and huge cash flow problems. This was compounded by the lack of clear targets and tracking on our fundraising database.

Rabbi Dovid Mandel

Dean – Yeshiva day school of las vegas

Get a curated package to set your school ahead.

Sound good?

Let’s Talk

Schedule your no-obligation consultation.