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Your organization has unique accounting needs
While most businesses are driven by a profit motive, nonprofits are motivated to fulfill a different mission. Whether your focus is on children, the environment, eradicating a disease, or countless other worthy causes, it does not lessen the need for timely bookkeeping, careful money management, and an understanding of your financial position. In fact, keeping a careful eye on your cash flow and expenses can be even more important.
Not just any accounting firm can provide you and your stakeholders with the information needed to run a successful organization. Nonprofits have no true ownership interests and receive significant donations from outside contributors expecting a societal reward rather than a financial one. Additionally, as a tax-exempt organization, maintaining transparency, ensuring your funds are used to support your mission, and meeting US GAAP requirements is important to maintaining that status.
Outsourced Accounting for Nonprofits
At Scrubbed, we love partnering with nonprofit organizations to provide them with the accounting and financial services they need to run as efficiently as possible. In fact, we can work closely with your CFO and serve as your accounting department, accurately tracking all transactions, streamlining processes, and preparing your financial statements so you can focus on running a successful organization. Depending on the needs of your organization, we can provide the following services:
Manage day-to-day bookkeeping
Build and manage your budget
Track donor-restricted funding
Manage government grants
Help file invoices and reimbursements
Prepare grant reports
Provide audit support including preparing notes, disclosures, and financial statements
Prepare your statements of financial position, activities, functional expenses, and cash flows
Prepare and file IRS Form 990
Benefit from Your Partnership with Scrubbed
Greater
Flexibility
Every organization has times where staffing needs ebb and flow. With Scrubbed, you can add team members with specific expertise when needed to meet increased demands.
Less
Disruption
Our model is built to absorb any turnover, so you feel no adverse effects when staff members leave.
Increased
Efficiency
By partnering with our global team of experts, you are in essence running a 24-hour shop, increasing productivity, and allowing you to focus more time on your mission.
Less
Investment
Our outsourced model is substantially less expensive than finding, hiring, managing, and training your own internal staff.
Want to chat? Pick the time that works best for you!
Let’s talk about your business and how Scrubbed can help reduce the time and money you spend on accounting* and financial reporting.
Passionate About Helping Nonprofits Realize Their Mission
The last few years have been difficult for everyone, but nonprofit organizations have been hit especially hard. According to GuideStar, nearly one-third of not-for-profits face cash reserve issues, making strategic and financial planning more important now than ever.
At Scrubbed, we understand the distinct issues nonprofits face and are committed to helping improve their financial health. We appreciate the importance of having accurate, up-to-date financials, so your leadership can make data-based decisions about new revenue generating programs and your organization’s future direction. With Scrubbed as your accounting partners, we can help you manage your accounting so you can always know where you stand financially, communicate it confidently to your donors, and encourage others to join in your mission to make the world – or simply your corner of it – a better place.
Audit prep made easy with Scrubbed's Non-Profit Audit Checklist. Get it here:
Our five-page checklist details the steps your non-profit needs.
"We love Scrubbed. It is definitely one of the best business decisions we've made lately. Scrubbed's people, process and technology make the usual complicated accounting* and financial reporting simple and easy."
Ready for us to help meet your organizations financial needs?
Want to learn more? Let’s chat about how we can help you by supporting your internal accounting team or taking on that role so you can focus on running a successful organization.