GHJ supported a client through its growth journey by offering strategic financial guidance and expert advisory services that enhanced the organization’s ability to scale effectively and meet its global humanitarian goals.

HIGHLIGHTS

1. Supported the organization as it grew from $9.1 million annual revenue to over $100 million in eight years through strategic financial guidance and restructuring.
2. Played a critical role in providing advice to ensure the right systems and expertise were in place for effective scaling and compliance.
3. Delivered expert services in Audit, State and Local Tax (SALT) and International Tax (ITS) and optimized accounting processes and developed planning for strategic growth.

BACKGROUND

Team Rubicon is a veteran-led humanitarian organization built to serve global communities before, during and after disasters and crises. The organization was founded in 2010 and grew very quickly. Facing the complexities of rapid expansion, Team Rubicon partnered with GHJ in 2015 in an effort to fully harness their financial and operational potential.

GHJ'S APPROACH

Because Team Rubicon was a relatively young organization when it first approached GHJ, it was first essential for GHJ’s Nonprofit Practice to focus on assisting Team Rubicon establishing a solid foundation in financial management and strategic planning. 

• Expertise in Nonprofit Operations: Leveraging GHJ's extensive experience with nonprofit organizations, Team Rubicon was equipped with the right guidance and practices to manage its growth. GHJ's expertise was instrumental in preparing Team Rubicon to leverage its volunteers effectively and navigate the challenges of scaling a mission-driven organization.
• Financial Planning: GHJ provided  guidance in financial restructuring to help Team Rubicon scale effectively. This included suggestions for optimizing financial processes, ensuring scalable systems were in place and navigating significant growth phases.

Once Team Rubicon was set up for success with a solid foundation, GHJ was able to advise them through their rapid expansion in several key areas: 

• Support in Building a Strong Team: When Team Rubicon brought on a new Director of Finance, GHJ set up regular meetings to address questions and aid in the transition .
• Strategic Compliance for Expansion: GHJ’s State and Local Tax (SALT) and ITS Practices provided specialized guidance, which was crucial for maintaining clarity and transparency as Team Rubicon expanded its global footprint.

GHJ served as a trusted partner, going beyond traditional accounting services. By understanding Team Rubicon’s strategic plan and reading beyond the numbers, GHJ was able to offer tailored advice and support.

RESULTS

GHJ’s partnership has been instrumental in transforming Team Rubicon’s financial and operational landscape, which has enabled the organization to not only meet but exceed its growth goals. Over less than a decade, Team Rubicon has grown from $9.1 million annual revenue to over $100 million. The advice aiding in the development of robust financial systems has ensured greater efficiency and transparency, which was vital for Team Rubicon’s ongoing success and scalability.

The collaboration between GHJ and Team Rubicon yielded remarkable benefits:

• Streamlined Operations: GHJ acting as a trusted adviser during Team Rubicon’s overhaul of accounting processes and systems facilitated smoother operational workflows, which enhanced the organization’s ability to respond to crises.
• Empowered Global Presence: With GHJ’s expertise in Audit, SALT and ITS, Team Rubicon successfully navigated the challenges of international expansion, thereby broadening its impact and reach.
• Strategic Partnership for Future Growth: GHJ’s commitment to understanding and aligning with Team Rubicon’s mission has fostered a partnership that extends beyond financial services and prepared the organization for sustained growth and increased impact.

Team Rubicon Chief Financial Officer Dane Barata expressed gratitude for GHJ’s support, stating, “GHJ has been pivotal in our journey towards growth and global outreach. Their expertise and strategic guidance have not only streamlined our operations but have also empowered us to further our mission with greater impact. GHJ stands as a true ally in our efforts to make a difference.”

GHJ is proud to support Team Rubicon’s mission. As the organization expands its reach to serve communities around the world, Team Rubicon’s partnership with GHJ highlights the transformative power and impact of tailored strategic financial guidance and a trusted partnership.