Edward Charles Foundation - Elevating NGO Financial Operations with FinTech Solution

About the Project
Edward Charles Foundation, based in California, USA, is an independently audited, IRS-approved 501(c)(3) tax-exempt organization classified as a public charity. The foundation operates fiscal sponsor and donor-advised funds, handling all compliance, fiscal, and fiduciary obligations. It educates clients on different fund types and manages financial reporting using the Xero API, supported by a robust backend and front-end system.

Challenges

• Ensuring all fiscal sponsor and donor-advised funds compliance requirements were handled efficiently.
• Generating comprehensive financial reports with accuracy and timeliness for donor transparency.
• Implementing secure two-factor authentication and tracking payment requests for financial security.
• Developing a solution to merge various file formats into a single PDF document for streamlined reporting.

Solutions Delivered

• Streamlined and automated the management of compliance for all fund types, reducing manual effort.
• Integrated the Xero API to automate and accelerate the generation of financial reports, enhancing transparency.
• Implemented secure login using Twilio SMS, ensuring safe user authentication and data protection.
• Developed a custom tool to merge different document formats into a single PDF, improving document management efficiency.

Main Features

• Compliance Management: Automated compliance handling for all fund types.
• Financial Snapshot: Dashboard showing account balances and donation totals.
• Document Merge Tool: Library for merging different file formats into one PDF.
• Disbursement Requests: Forms for submitting disbursement requests with required documents.
• Two-Factor Authentication: Secure login via Twilio SMS service.
• Payment Logs: Detailed tracking of payment requests and documents.
• Invoice Generation: Creating invoices from extracted Paynote buck checks data.
• User Dashboard: Comprehensive dashboard for financial and policy details.
• Custom PDF Library: Created using LibreOffice command line for document merging.