NONPROFIT ACCOUNTING
Stop Financial Mistakes Before They Cost You More
Are disorganized records and compliance errors holding your nonprofit back? Our accounting experts quickly identify and fix the gaps in your financial processes, ensuring you avoid costly penalties and failed audits. Get the immediate support so you can stay focused on your nonprofit’s mission and keep operations running smoothly.
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CASE STUDY
Messy Books Cleaned Up For Company’s 25-Year Bookkeeper
As a startup nonprofit we have had a lot of questions about our finances and getting our books tightened up. Edie, Ricardo and the rest of the team working with non-profits has been wonderful to work with and has provided supportive information to help us stay in good fiscal health and in compliance with state and federal regulations.
-Michelle
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Messy Financials Are A Nonprofit’s Nightmare
Nonprofit audits are stressful enough without the added pressure of disorganized records or compliance mistakes. When you receive an charity audit notice from the IRS or other agency, organized financials and documentation are your friend. Messy finances, on the other hand, are your enemy.
No Fund Accounting Makes Waste Inevitable
Without proper fund accounting systems and policies in place, you’ll be more likely to overspend grants and funding. Plus, you’ll have no track record for reporting on grant budget spending to donors. Why put yourself through the hassle?
Unclear Financial Reporting Hurts Donor Trust
Donors expect transparency and accountability regarding how their contributions are utilized. If you’re struggling to get financial reports done on time or don’t have full confidence in the data you’re reporting on, your donors will soon realize it and put their funding elsewhere.
No Oversight Means You Risk Fraud & Waste
Without a controller or CFO keeping a close eye on your finances and working with your treasurer, it’s easy for things like fraud or unnecessary spending to slip through the cracks. Every dollar wasted is a dollar that could’ve gone toward your mission.
CASE STUDY
Prior Controller’s Bookkeeping Fixed
Our organization had an old accounting system that needed to be updated. I contacted MBS about migrating to Quickbooks Online and they said they could help. Riccardo helped us with the conversion, transferring data, and setting up connections with our payroll system. He was patient, flexible, and able to explain things so that I could understand what was going on. It has been great working with him. I am glad we started working with MBS and wished I had done so much sooner.
-Pete
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