9 Signs Your Non-Profit Business Might Need A Hassle-Free Accounting Partner
To ensure smooth operations and compliance with regulations, it is crucial to prioritize accounting. Many
Scrubbed specializes in accounting for nonprofit organizations. Navigate financial stewardship with our tailored solutions for mission-driven success.
At Scrubbed, we understand the needs of tax-exempt organizations, At Scrubbed, we understand the needs of tax-exempt organizations, and we help nonprofits set up and maintain efficient accounting processes that meet legal requirements and protect hard-earned reputations.
Outsourcing your accounting, tax filing, and grant reporting to a trusted partner makes sense. We’ll handle your accounting tasks, from bookkeeping and cash flow to audits and IRS Forms, so you can focus on engaging donors and stakeholders and making the world a better place.
Prepare audit-ready financial statements and other customized reporting such as financial dashboards, board reports, and donor-related reports
Provide audit support, including responding to queries and requests, preparing account schedules, and posting accounting adjustments
Provide fractional or full-time assistant controller or controller
Prepare audit-ready financial statements and other customized reporting such as financial dashboards, board reports, and donor-related reports
Provide audit support, including responding to queries and requests, preparing account schedules, and posting accounting adjustments
Provide fractional or full-time assistant controller or controller
Analyze financial instruments and assess expected credit loss model in accordance with ASC 326/IFRS 9
Analyze lease contracts analysis in accordance with ASC 842/IFRS 16
Assist in adoption of other complex emerging standards
Conduct an audit readiness program – planning, execution, and completion
Facilitate Financial Statement conversions between accounting frameworks (e.g. Local GAAP to US GAAP, IFRS to US GAAP, and vice versa)
Conduct an IPO readiness program
Account and report impact of significant unusual transactions
Support in transaction structure, including contract consultancy (acquisitions and readiness)
Assess ESG preparedness in terms of dealing with GHG emissions, value chain and other stakeholder concerns.
Account and report ESG-related assets and transactions.
Establish ESG policies and procedures in compliance with sustainability standards.
Scrubbed gives you access to an experienced team without the cost of hiring, managing, and training in-house staff.
Working with us shows donors you care about financial integrity.
We will simplify your financial processes and improve the accuracy, timeliness, and compliance of your reporting.
Our team adapts to your changing needs. Whether you’re launching a fundraising campaign or managing new grants, we scale to provide the expertise you need.
Let’s talk about how Scrubbed can help support your mission with specialized accounting services for nonprofit organizations.
At Scrubbed, we care about helping nonprofits grow. We can help streamline your processes, track your spending, and provide accurate reporting to support your 501(c)3 status. With our help, you’ll have greater visibility into donor details, cash disbursements, and vital KPIs like how much you spend to raise each dollar donated.
We can help prepare you for stress-free federal or state audits, provide essential documentation for board meetings, and take some of the hard work of managing nonprofit finances off your plate.
Want to learn more about our services or meet more of the Scrubbed Team?
Want to learn more about our services or meet more of the Scrubbed Team?
To ensure smooth operations and compliance with regulations, it is crucial to prioritize accounting. Many
Nonprofits face the crucial task of showcasing integrity, transparency, and adherence to sector-specific tax laws.
Nonprofit organizations face unique financial and compliance risks that differ from those of for-profit entities.
Contributions are critical to NPOs, and in-kind items like products and services are also valuable.
James is a senior manager in our Professional Business Services and Nonprofit team.
In this role he focuses on helping nonprofit organizations to optimize their resources from monitoring grants and expenses to projecting within-the-budget spending.
James has 13 years of accounting experience in nonprofit accounting, grant ( private and government) management, fiscal sponsorship, general accounting, billing and settlement, taxation, contracts and pricing, and intragroup/ joint venture accounting. He worked for IBM and Shell prior to joining Scrubbed in 2020.
James was educated at Philippine Science High School and Holy Angel University and is a CPA, US Certified Nonprofit Accounting professional, and holder of Lean Six Sigma Green Belt.