Looking for a Nonprofit Bookkeeping Solution?
Instead of doing it yourself or relying on inexperienced volunteers, concentrate on your mission and let us handle the bookkeeping!
Bookkeeping involves recording and analyzing a nonprofit’s financial transactions to ensure compliance with state and federal accounting rules. Timely and accurate record-keeping is one of the most important responsibilities every nonprofit organization faces.
A nonprofit bookkeeper is in charge of categorizing and recording transactions, reconciling bank statements, and producing financial statements. Others may be involved in the day-to-day activities of budgeting and paying the nonprofit’s bills.
Getting bookkeeping right is time-consuming, and the rules are complicated. Plus, if you’re like most nonprofit leaders, you’re not an accounting professional. So, how do you make sure this critical task is properly covered?
No one understands the complexity and nuance of nonprofit bookkeeping quite like the compliance professionals at Foundation Group. Our advisors have worked exclusively with 501(c)(3) and other tax-exempt organizations for over 25 years and are equipped with the knowledge and expertise to ensure that your records are accurate, timely, and in full compliance with state and federal accounting rules.
- Chart of accounts setup/review
- Monthly bank account reconciliation
- Monthly financial statements
- Year-end 1099-NEC preparation
- Discounts on compliance services
- Best-practice advice and counsel
- Revenue up to $200,000 / yr, or
- 3 hours average monthly service time
- Chart of accounts setup/review
- Monthly bank account reconciliation
- Monthly financial statements
- Year-end 1099-NEC preparation
- Discounts on compliance services
- Best-practice advice and counsel
- Revenue between $200k – $500k / yr, or
- 4 hours average monthly service time
- Chart of accounts setup/review
- Monthly bank account reconciliation
- Monthly financial statements
- Year-end 1099-NEC preparation
- Discounts on compliance services
- Best-practice advice and counsel
- Revenue between $500k – $1m / yr, or
- 5 hours average monthly service time
Over $1,000,000 / year in revenue? Or accounts that take 6 hours or more to service each month?
That’s great! Let us customize a solution that fits your exact requirements. Prices start at $800*/mo.
*Price applies to most organizations. Service levels are ultimately determined by the amount of time per month to service the account (average). Discount subscription to Quickbooks Online available to new Quickbooks customers only. Have a more complicated financial situation that will require more time each month? We can customize a solution for just about any bookkeeping situation.
Go here to see a detailed scope of services.