Nonprofit Accounting

Bookkeeping and Accounting Services for Nonprofit Organizations


Managing nonprofit bookkeeping entails monitoring, analyzing, and documenting the daily transactions of your organization to uphold transparency and adhere to state and federal accounting regulations. Timely and precise record-keeping stands as a paramount duty for every nonprofit entity.

Accomplishing accurate bookkeeping demands significant time and understanding of intricate regulations. Additionally, if you're similar to most nonprofit leaders, you likely lack professional accounting expertise.

BOD's nonprofit bookkeeping services offer you peace of mind. Our team of experts ensures your organization is positioned for financial success by managing all aspects of financial management and accounting. Your dedicated BOD bookkeeper focuses on data entry and accurately allocating revenue and expenses. Working alongside the manager, they oversee tracking, analyzing, categorizing, and recording transactions, reconciling bank statements, and generating financial statements.

Fund Accounting:

Fund accounting enables nonprofits to allocate their money into different groups or “funds” in order to keep them organized and only spend funds on what they’re designated for.

Nonprofits will commonly separate their money into groups such as:

Restricted funds (These are the funds that must be spent on certain projects and activities at your organization.)

Temporarily restricted funds (These funds should be spent on certain projects and activities at your nonprofit until a certain time period. After that time, they become unrestricted funds.)

Unrestricted funds (This is also known as your annual fund. It can be spent on whatever aspects of your organization require the greatest need.)

Our nonprofit accounting experts specialize in preserving your organization’s tax-exempt status, tracking your funding and ensuring you are compliant with ever-changing regulations. We maintain a dedicated team of experts devoted to serving nonprofit industry who are prepared to offer professional services to address the challenges our clients face. Our nonprofit accounting experts specialize in preserving your organization’s tax-exempt status, tracking your funding and ensuring you are compliant with ever-changing regulations.

We manage accounts receivable, accounts payable, bank reconciliation, payroll processing and other essential daily financial transactions as well as provide ongoing reports.

Tasks Status, Communication and Data Sharing:

To ensure each task gets tracked and all documents are securely shared and all communication is done at one place for easy follow-up, we provide access to an online secured user friendly portal that allows to track all the tasks, communicate and share all the documents at one place.

Starting Fees: $275 per month

Core Features:

• Dedicated Accountant and a Manager
• Cloud-Based Accounting System
• Chart of Accounts Setup
• Monthly Bank/Credit Card Accounts Reconciliations
• Monthly Financial Statements
• End of Year Form 1099 Preparation
• Revenue Data Entry & Allocations
• Expense Data Entry & Allocations
• Access to Workflow Management Tool (to track progress and deadlines)
• Ongoing Consultation for Best-practices
• Form 990 Preparation

Additional Services:

• Payroll Services
• Bill Payment
• Sales Tax Filings
• Audit Support

Proud To Be Your Accountant & Your Consultant!