Joe Holland

Tracey Ellis, brings over 30 years of experience in accounting, bookkeeping, and income tax preparation, with proficiency in various accounting software such as QuickBooks, Peachtree, PeopleSoft, and Platinum Accounting.

Level of Expertise:

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• Industry Experience: Extensive experience working across a variety of industries, including public schools, non-profit organizations, small and medium start-up businesses, community development corporations, and private foundations.

• Public School Expertise: Significant experience managing the financial operations of public charter schools, such as overseeing accounting services, budget maintenance, payroll processing, and compliance with state and federal regulations.

• Accounting and Financial Reporting: Expertise in general accounting, financial reporting, budgeting, accounts payable/receivable, and preparing financial statements in accordance with generally accepted accounting principles (GAAP) and Michigan Department of Education standards.

• Audit Experience: Expertise in liaising with auditors for both internal and external audits and preparing necessary documentation for audits in compliance with applicable accounting standards.

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Key Responsibilities:

Tracey Ellis oversees all aspects of the business and financial management for the schools, including:

1. Budgeting and Financial Reporting: Preparation, implementation, and maintenance of the school's budget. Regular reporting on budget vs. actual performance, including monthly and quarterly financial statements.

2. Accounts Payable/Receivable: Ensuring the proper processing of vendor invoices, accounts payable, and receivables, as well as managing cash flow through accurate record-keeping.

3. General Ledger and Bank Reconciliation: Responsible for maintaining the general ledger, performing monthly bank reconciliations, and ensuring accurate tracking of all financial transactions.

4. Grant and Fund Management: Managing government and private grants, ensuring compliance with specific fund usage requirements, and reporting to relevant authorities.

5. Payroll Services: Ensuring accurate and timely payroll processing, including tax compliance and benefits administration.

6. Financial Audits: Coordinating with auditors and preparing all necessary documentation for internal and external audits.

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Relevant Experience:

Yecart Accounting Services, LLC, led by Tracey Ellis, has been providing chief financial services to charter schools and public school academies for over 25 years. Their portfolio includes managing financial services for schools such as:

• Detroit Service Learning Academy District (Detroit, MI)

• David Ellis Academy West (Redford, MI)

• David Ellis Academy (Detroit, MI)

• NPFE Loving Academy (Detroit, MI)

• NPFE Glazer Academy (Detroit, MI)

• NPFE DEPSA (Detroit, MI)

• Faxon Language Immersion Academy (Farmington, MI)

• Martin Luther King Jr. Education Academy (Detroit, MI)

• MacDowell Preparatory Academy (Detroit, MI)