Karanae Duane serves as the Chief Financial Officer at Child Care Associates (CCA), a prominent not-for-profit organization dedicated to enhancing early childhood education and care for over 50 years. With a robust background in accounting and finance, Karanae brings a wealth of expertise in Generally...
Karanae Duane serves as the Chief Financial Officer at Child Care Associates (CCA), a prominent not-for-profit organization dedicated to enhancing early childhood education and care for over 50 years. With a robust background in accounting and finance, Karanae brings a wealth of expertise in Generally Accepted Accounting Principles (GAAP), financial reporting, and nonprofit accounting to her role. Under her leadership, CCA has effectively managed a $90 million budget, ensuring that resources are allocated efficiently to support high-quality early education programs and assist more than 10,000 families with child care payment management.
Karanae is currently spearheading key projects aimed at enhancing CCA’s financial sustainability and operational efficiency. One of her primary initiatives includes the implementation of advanced internal controls and financial reporting systems, which are crucial for maintaining transparency and compliance with the Sarbanes-Oxley Act. This initiative not only strengthens CCA’s financial integrity but also builds trust with stakeholders, including government agencies and community partners.
In addition to her financial acumen, Karanae is passionate about fostering a culture of accountability and excellence within the organization. She actively collaborates with child care providers to implement quality initiatives that enhance service delivery, ensuring that CCA remains a leader in early childhood education. Her commitment to continuous improvement and strategic financial management positions CCA for long-term success, ultimately benefiting the children and families it serves. With her CPA credentials and extensive experience in external audits and SEC filings, Karanae Duane is a vital asset to Child Care Associates, driving impactful change in the nonprofit sector.
