Nonprofit Accounting & Advisory Services
We help you streamline your financial operations so you can focus on your organization’s mission.
We support nonprofit executives with a comprehensive, wraparound approach to accounting and finance services, freeing you to focus on what you do best and empowering you to lead your organization with confidence.
Nonprofit leaders need more than financial reports—they need practical budgets, confident board‑meeting preparation, streamlined processes, and assurance of regulatory compliance. As your organization grows, we’re with you at every step. No matter the transactional services we provide, we bring deep nonprofit expertise and a commitment to elevating your overall operations, not just your accounting.
Haefele Flanagan’s Nonprofit Accounting & Advisory Services include:
Accounting & Reporting
- Frontline accounting (advanced‑level bookkeeping)
- Financial analysis & reporting
- Grant reporting
- Interim close
- Year‑end close
- Support for complex transactions (mergers, fiscal sponsorships, etc.)
Advisory Services
- Basic Controller & advisory CFO services
- Business needs assessment
- Nonprofit start‑up support
- Budgeting, forecasting, and financial modelling
- Financial aspects of strategic planning
- Software selection & implementation
- Compliance support (solicitation licensing, worker classification, etc.)
- Governance & strategic support (attend meetings*, read minutes, provide training)
- Risk management
- Grants management (financial)
- Human resources support
Financial Statement Services
- General ledger review
- Compilation reports
- Custom supplementary reports
- Dashboard design
- Financial Statement Preparation
Tax preparation and advice
- Form 990, Form 990‑EZ, Form 990‑T
- Forms 1023 and 1024 (Application for Recognition of Exemption)
- IRS compliance
Systems Support
- Accounting system design
- QuickBooks consulting
- Accounting policies & procedures (including manuals)
- Cost allocation plans
- Spend management
- Internal controls assessment
Audit Preparation
- Internal control documentation
- Account reconciliations
- Audit schedules preparation
- Closing journal entries
- Financial Statement Preparation
Training & Presentations
- Conference and classroom presentations
- Customized workshops for Board or staff
- Understanding reports
- Participating in budgeting
- Individual training for bookkeepers, financial managers, and Boards
- Coding transactions
- Coding time
Custom procedures
- Examination of grant transactions
- Review of expense allocations
- Review of supporting documentation
