Training Compliance Strategies

Walter K Frye

Head Start Early Head Start Training Seminars

Services

#1

Expert Financial Leadership & Industry Expertise

The Fiscal Institute is designed to educate, train and consult on the increasingly important Financial Management in the Non-Profit Sector. The executive team of thought leaders in the industry are acutely aware of the needs and challenges within organizations both large and small; local and national – from decades of successful “hands-on experience” leading organizations at the federal, grantee and independent auditor levels.

#2

Comprehensive Seminars & Professional Development

This team has developed comprehensive Seminars that can be strategically aligned with National and Regional Conferences to provide in-depth Workshops to fuel teams with knowledge, strategies, techniques and practical approaches to become and remain fully compliant. Attendees range from Executive Director, Fiscal Officers, Governing Boards and Administrators with Fiscal Responsibilities.

#3

Specialized Fiscal Solutions for Head Start Programs

In addition to our core offerings, the Fiscal Institute specializes in a suite of targeted services specifically tailored for Head Start programs. Our expertise encompasses a broad spectrum of areas including Head Start Training, focused on enhancing the financial skills of those involved in these vital programs. We provide dedicated Head Start Fiscal Training, aimed at fortifying financial acumen within this specific context. Our team is adept in Head Start Governance, offering insights and guidance to ensure effective and compliant oversight. For more customized needs, our Head Start Fiscal Consulting services are designed to address unique challenges and opportunities. We are also proficient in Head Start Fiscal Management, helping programs to optimize their financial operations. Furthermore, our expertise extends to Head Start Fiscal Monitoring, ensuring that programs adhere to the highest standards of financial integrity and accountability. By embracing these specialized services, we empower Head Start programs to not only meet but exceed their financial management goals.

Trainings – Empowering Head Start Programs with Specialized Financial Knowledge

Head Start Fiscal Training

Financial acumen is critical in the non-profit sector, and our Head Start Fiscal Training takes this a step further. We delve into the specifics of financial management within the Head Start framework, ensuring that your fiscal officers and staff are well-versed in all aspects of financial stewardship.

Head Start Governance

Governance in non-profit organizations, especially in Head Start programs, requires a deep understanding of policies, compliance, and ethical practices. Our Head Start Governance training empowers boards and leaders with the knowledge to govern effectively, ensuring transparency and accountability in all financial matters.

Head Start Fiscal Consulting

Sometimes, a more personalized approach is necessary. Our Head Start Fiscal Consulting services provide one-on-one expert advice, helping to navigate complex financial landscapes, and offering solutions tailored to your program’s unique challenges and goals.

Walter K. Frye, MBA CPA

Walter serves as a fiscal consultant on retainer for Head Start and EHS-CCP grantees in several regions. He has served
as a contracted CFO for a Grantee for 12 years which grew from 360 to 1, 500 children being served in Head Start, Early
Head Start, and EHS-CCP programs. Walter has implemented financial management systems which received “no findings” in
three consecutive tri-ennial reviews. Walter is a retired founder and partner of a public accounting firm which
performed hundreds of audits of Head Start Programs during his 22 year tenure.

Professional Experience:

CHIEF FINANCE OFFICER- 12 Years

Contracted as Chief Finance Officer to develop strategic financial plan, helping client grow from $5 million to $18

million in grant revenue and secure $20 million tax credit financing for facilities.

Implemented an internal control and monitoring plan to ensure compliance with federal financial management regulations in Cash Management, Procurement, Fixed Asset Inventory, Human Resources, Insurance, and Reporting. Resulted in three

consecutive triennial Federal reviews with “No Findings”.

Developed finance policies and procedures manual; implemented and integrated accounting and financial reporting system;

provided project management for conversion of third-party payroll service to cloud-based human resource information

system, including applicant and recruitment tracking, payroll, time and labor, employee self-service , manager-self-service modules (software as a service model -SAAS).

Train governing boards in fiduciary and oversight responsibilities in acceptance of federal grants and served as liaison for non -profit organizations with external auditors and assisted in resolution of corrective action plans as

applicable.

Seminar Presentations:

Presenter and panelist at various nationwide seminars on Federal Grant management and compliance, including National Association of Community Action Programs, Regional and State Head Start Conferences in Atlanta, GA, Albany NY, San Juan, PR, Atlantic City, NJ and Jackson, MS, Daytona Beach, Fl.

PUBLIC ACCOUNTING and OMB A- 133 AUDITOR -22 years

Co-founder/Former managing partner of New Jersey’s largest minority-owned firm with over 70 employees and offices in three states (New Jersey, New York, and Washington, DC ).

Served as Engagement and/or Quality Review Partner for the firm’s major single audit and consulting engagements, including: Essex County College; City of Newark; Public Housing Authorities of Newark, East Orange, Trenton, and Paterson; Boards of Education of Newark, Plainfield, and Paterson; Charter Schools and major non-profit organizations serving Head Start and Child Care agencies.

Negotiated joint venture agreements with Big 4 Firms and co-audited major government entities including City of New York, State of New York, New Jersey Transit, , and New York City Board of Education.

FAIRLEIGH DICKINSON UNIVERSITY – ASSOCIATE PROFESSOR OF ACCOUNTING – 3 years

Taught introductory, intermediate, and advanced accounting, auditing, federal taxation courses to undergraduate and MBA students.

DELOITTE & TOUCHE-3 years – Senior Auditor and Tax Accountant

Education:

Wharton School, University Of Pennsylvania, M.B.A.

Morgan State University, B.S.