Does Finsmart understand non-profit GAAP (ASC 958)?

Yes. Our non-profit accountants are trained in ASC 958, the accounting standard governing non-profit financial reporting. We correctly classify restricted, temporarily restricted, and unrestricted net assets, and produce the Statement of Activities and Statement of Financial Position in the format your auditors and grantors expect.

Can you handle grant accounting under federal Uniform Guidance?

Yes. Our grant accountants are familiar with the OMB Uniform Guidance (2 CFR Part 200) requirements for federal award recipients, including allowable cost principles, sub-recipient monitoring, single audit threshold tracking.

Do you assist with Form 990 preparation?

Yes. We prepare the financial data, schedule support, and reconciliations your CPA needs to file the Form 990. Our non-profit accountants make sure that financial figures tie directly to your audited statements and that all required schedules, including Schedule A, B, and functional expense allocations, are accurately supported.

Which non-profit accounting software do you work with?

Finsmart professionals are trained on QuickBooks Nonprofit, Sage Intacct, Aplos, Blackbaud Financial Edge, and other platforms. Your dedicated accountant arrives pre-trained on the software your organization uses — no migration, no ramp-up cost.

How is a Finsmart seat priced for a non-profit?

A Bookkeeping Seat starts at $20/hr or $2,400/month dedicated. The Sr. Accounting Seat — which includes fund accounting, grant tracking, and 990 preparation support — starts at $25/hr or $3,200/month. All seats include the 3-tier support team at no extra cost. No contracts, cancel anytime with 30 days' notice.

Can you help produce reports for our board and major donors?

Yes. Our Sr. Accounting Seat includes board-ready financial reporting — Statement of Activities, Statement of Financial Position, budget vs. actual analysis, and grant-level expenditure reports. We also help produce donor stewardship reports that demonstrate responsible use of restricted gifts.

Nonprofit Accounting & Bookkeeping Services

Nonprofit Organization Accounting and Bookkeeping Services

Finsmart delivers dedicated accountants for non profit organization accounting so that your team can focus on the mission, not the spreadsheets. Our outsourced accounting support helps your team spend less time managing spreadsheets and more time advancing your mission.

Our professionals help maintain organized financial records, track restricted funds, and prepare reports for boards, donors, grantors, and other stakeholders. Need additional accounting support for your nonprofit? Contact Finsmart to discuss your bookkeeping, fund accounting, financial reporting needs.

Fund Accounting Specialists Grant Management 990 Filing Support 7-Day Onboarding 4.8★on G2

Fund Accounting

Finsmart services offers proper segregation & tracking of restricted, temporarily restricted, unrestricted funds. You can maintain clean fund-level reporting that satisfies board requirements or auditor expectations.

Grant Tracking & Management

Our dedicated offshore team maintains grant-specific cost allocation, monitors deadlines, produces funder-ready financial reports on demand. We accurately track every grant dollar from receipt through expenditure.

Form 990 Preparation Support

Accurate preparation of Form 990, 990-EZ, and 990-PF with complete schedules. Finsmart's dedicated team manages accurate financial reporting and protects your tax-exempt status.

Non-Profit Bookkeeping

Our offshore bookkeeping team prepares monthly closes, bank reconciliations, non profit organization financial statements. Experts are trained in non-profit GAAP and familiar with QuickBooks Nonprofit, Sage Intacct.

Donor Reporting

Build trust with major donors, foundations, corporate sponsors through transparent financial storytelling. Finsmart non profit CPAs are ready to generate accurate donor reports showing how contributions are utilized.

Compliance Reporting

We manage state charity registration filings, FASB ASC 958 compliance, single audit support under Uniform Guidance, board-ready financial packages that keep your nonprofit compliant year-round.

Track Every Dollar Across Every Fund

Non-profits don’t run on profit and loss alone. Your financials need to show donors, grantors, and regulators exactly where restricted money has gone, fund by fund. Our dedicated accountants manage this complexity so you never have to.

Restricted vs. Unrestricted Segregation CPAs need to properly classify and maintain separation of permanently restricted, temporarily restricted, unrestricted net assets per FASB ASC 958.

Program vs. Administrative Allocation Allocate indirect costs and shared expenses across program, management, fundraising functions. This is important for IRS reporting and donor confidence.

Statement of Functional Expenses Produce the Statement of Functional Expenses required for voluntary health and welfare organizations, expected by institutional funders.

Reports That Inspire Continued Giving

Major donors and institutional funders want to see impact, not just receipts. Finsmart produces financial reports that tell a clear story of stewardship, turning financial transparency into a fundraising asset.