Urban Warriors is a nonprofit organization based in Little Village, Chicago, committed to empowering youth through free and accessible programs in sports, wellness, multimedia, and leadership. We serve over 300 youth annually through programs such as Project 21 (Travel Baseball), Guerreras FC (all-girls soccer), Yoga PaTodos, Correcaminos (Running Club), Village Moves (Chess), and our Multimedia Program.
We address mental health, academic success, and financial literacy, and emphasize civic engagementlogging over 2,000 youth-led service hours since inception. Our funding sources include private philanthropy, state and local government contracts (e.g., DFSS, ICJIA), and individual donors. In 2024, we were awarded $1.7M in capital funds from the State of Illinois to develop a youth-led sports and arts complex.
Purpose of the RFP
Urban Warriors is seeking proposals from qualified individuals or firms to serve as a Fractional Chief Financial Officer (CFO) on a part-time contract basis. This role is critical to strengthening our financial infrastructure, supporting sustainable growth, and ensuring compliance with all funder and regulatory requirements.
Scope of Services
The Fractional CFO will work an estimated 1015 hours per week and will be responsible for:
Strategic Financial Management
Financial forecasting, planning, and analysis
Annual and multi-year budgeting
Cash flow management
Create Budget for Grant Proposals
Long-term sustainability and risk planning
Grant & Public Funding Compliance
Oversight of restricted and unrestricted funds
Allocation of expenses across funding sources (DFSS, ICJIA, etc.)
Monitoring financial reporting deadlines for grants and contracts
Monthly and quarterly reporting to Executive Director and Board
Oversight of chart of accounts and reconciliations in QuickBooks
Support for annual audit and IRS Form 990 preparation
Payroll Oversight
Supervise payroll processes through Gusto
Ensure proper classification of employees and contractors
Monitor compliance with local, state, and federal employment laws
Systems & Internal Controls
Strengthen financial controls and policies
Develop tools and dashboards for staff to track program budgets
Provide financial training to internal staff as needed
Technology Environment
Urban Warriors uses:
Gusto for payroll and HR administration
Google Workspace for internal collaboration and reporting
Familiarity with these tools is strongly preferred.
Proposal Requirements
Interested firms or individuals should submit a proposal that includes:
Cover Letter expressing interest and relevant background
Description of Services Offered, including roles and responsibilities of all personnel involved
Qualifications and Experience, especially with nonprofit organizations and public grant compliance
Experience with Payroll Oversight, including familiarity with Gusto
Proposed Fee Structure (hourly rate, monthly retainer, or other)
References from at least two nonprofit clients
Availability to begin services
Term
The initial term will be August 1, 2025 July 31, 2026, with potential for renewal.
Evaluation Criteria
Proposals will be evaluated based on:
Demonstrated experience with nonprofit financial management
Familiarity with public grant reporting and compliance
Capacity to supervise payroll systems
Clarity of pricing and value
Cultural fit and alignment with Urban Warriors mission
Questions about this RFP may also be submitted to the same email.
Urban Warriors is an equal opportunity employer and contracting organization. We strongly encourage proposals from BIPOC-led firms, LGBTQ+ professionals, and individuals or entities with lived experience in the communities we serve.
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