The Best Guide to Bookkeeping for Nonprofits: How to Succeed Foundation Group®

At Holbrook & Manter, we provide audit, consulting, and accounting for non-profit organizations receiving federal, state or local funding. No matter your mission, we are committed to providing your organization with quality professional services. Our firm has extensive experience in the nonprofit arena and has overseen the financial operations of nonprofits with significant annual revenues.

Accurate & Auditable

• Our proposal will break down the costs per service and we try to offer options to meet every budget.
• And we’ll implement solutions that are supported by the best technology, highly efficient, and 100% compliant with nonprofit best practices.
• Chazin can work with you as your entire accounting department or to support your current in-house department.
• Virtual outsourced accounting is a specialized service that provides one or multiple accounting functions to your organization.
• By helping with audit and accounting needs, Porte Brown has assisted many organizations for decades.
• As a member, we have access to comprehensive resources that assist us in further enhancing the quality of our nonprofit audits.

This funding, however, comes with complicated financial reporting requirements. It also means you need solid controls on how that money is spent (and by whom) to curb the possibility of mismanagement. From our offices in Gainesville, Daytona, Tallahassee, DeLand, and Ocala, nonprofits throughout Florida and nationwide trust us with their accounting and bookkeeping needs.

What Our Nonprofit Bookkeeping & Accounting Clients Are Saying

At Jitasa, our mission is to improve the effectiveness and efficiency of nonprofits. Our nonprofit bookkeeping and accounting services are affordable and cater to every organization. Our team of experts give you peace of mind that your records are reliable, guaranteed.

Make Us Your Go-to for Outsourced Nonprofit Accounting Services.

As a Microsoft Gold Certified Partner, we keep up with the latest tools and techniques to make sure your network is operating optimally and protected from cyber threats. A sound and reliable network needs a technology provider who can keep your organization running and safeguard it from hackers, viruses and other threats. Contact us to help you with your foreign tax needs today, and watch your business grow.

To find more about our on-boarding procedures and how we calculate prices click here. Let’s start the conversation.Contact us today to schedule a consultation with one of our industry experts. Download Invensis’ Finance & Accounting services case study on Automobile Mortgage Loan Processing to find out how Invensis delivered positive outcomes.

• These taxes are listed on an employee’s pay stub, with the first two shown as FICA (Federal Insurance Contributions Act).
• Non-profit organizations require compliance with unique accounting and auditing standards which can quickly change.
• Bookkeeping for nonprofits is complex, but it doesn’t have to be overwhelming.
• In that case, you’re exempt from paying any capital gains tax rate on the sale of any property related to your charitable organization’s work.
• We believe that nonprofits deserve personalized, quality service and should not settle for a one-size-fits-all approach.
• At Holbrook & Manter, we provide audit, consulting, and accounting for non-profit organizations receiving federal, state or local funding.

Now offering assistance filling out PPP Loan Forgiveness Applications

For FICA tax (as well as federal https://nerdbot.com/2025/06/10/the-key-benefits-of-accounting-services-for-nonprofit-organizations/ income tax), you must complete and file Form 941, Employer’s Quarterly Federal Tax Return. This form is due by the last day of the month following the end of each quarter, although some employers might be considered annual filers. We understand the complexities surrounding the organization, the motivation of leadership and the viewpoint of the people served. Smith Schafer will help you become a more responsible steward of funds and a more efficient provider of services. Know how Invensis provides accurate accounting & bookkeeping services for a restaurant which helps effective cost monitoring and growth. TCCFO’s monthly reports provide excellent insights into our organization’s finances.

Data Visualizations to Guide Your Decision-Making

In this episode of What the Fundraising, we demystify the numbers behind your mission and talk all things nonprofit business. Nonprofits have tight budgets, and they usually can’t afford to buy a service with features they won’t use. Look for providers offering customizable packages so that you pay only for services you need, avoiding unnecessary costs. As a virtual service provider we are able to serve clients across the US. We want to learn about your nonprofit, your mission, current processes and challenges, as well as your plan for growth. Chazin provides in-depth industry knowledge that allows us to provide strategic guidance related to finance, accounting, technology, and how to best protect your organization against internal and external threats.

You didn’t enter the nonprofit world to be your own accountant. Now you don’t have to.

You also need to track the money you receive, understand the regulations affecting your organization, maintain and increase memberships, and keep your staff and board of directors devoted to your cause. Your company accounting services for nonprofit organizations withholds FICA taxes (along with their federal income taxes) from your employees’ paychecks. You’ll then transfer these funds, along with your own contributions, via the Electronic Federal Tax Payment System (EFTPS).

When you couple that restrictive environment with redundant processes, wasted efforts and lack of quality control, it can cost you time and money. Human resources laws and trends are constantly changing, making it a challenge to keep a compliant and productive workplace. And with a pressing need for the services you provide, you face an increasing need for qualified employees. From supporting families in need to leading trade associations and educational institutions, the work you do makes a difference in your community. Your mission matters and it suffers when limited resources and focus are diverted. Note that you aren’t the only one affected by late payroll tax payments.