Who We Help
NON-PROFIT ORGANIZATIONS
We get it. Running a nonprofit is hard enough without feeling buried in numbers. That’s why we’re here – to take the financial stress off your plate so you can focus on your mission.
Optimized CFO is here to help fill the gaps for nonprofits that need extra support. Many nonprofit organizations have unique accounting needs, which includes the need to provide reporting to a variety of partners and funding sources. Nonprofit organizations often have grant and contract tracking requirements. Specific reporting of fund uses may be required for governmental or other grant funding purposes. Many times, multiple funding sources need to be tracked to ensure appropriate use of funds. Additionally, nonprofits often utilize budgets to ensure appropriate revenue and expense tracking. We often notice that nonprofit organizations may have more administrative and reporting requirements than for-profit businesses.
Optimized CFO can help ensure that nonprofit organizations are on the right track with both their external and internal reporting functions.
This assistance can include:
Assistance with budget generation and tracking
Serving as a resource for the nonprofit organization’s internal accounting department
Assistance with specific funding source reporting requirements
Other accounting duties that may be desired from the organization
Oftentimes OCFO serving as an outsourced accountant for nonprofit organizations provides the organization with a higher level of accounting knowledge at a fraction of the cost of hiring a full-time CPA. This also helps ensure smoother audits (if required) and reporting.
See the individual case studies for . . .
NON-PROFIT ORGANIZATIONS WE SERVE
