Nonprofit organizations

Nonprofit organizations need financial systems that do more than track revenue and expenses. Leadership and boards need timely financial information that helps them understand available resources, manage funding requirements, plan ahead, and protect the organization’s long-term sustainability.

BAMS provides accounting and financial management support designed around the unique needs of nonprofit organizations.

Nonprofit finances can become increasingly complex as an organization grows. Grants, restricted funding, multiple programs, government contracts, reporting requirements, audits, and board oversight all place additional demands on the accounting function.

Strong financial management also requires participation from both management and the board. The National Council of Nonprofits identifies timely financial reporting, budgeting, internal controls, and financial oversight as important components of nonprofit financial management.

At BAMS, we help connect these responsibilities with accounting systems and reporting that leadership can actually use.

Our nonprofit services may include:

• Monthly accounting and reconciliations
• Financial statement preparation
• Grant and restricted-fund reporting
• Budget development and monitoring
• Cash-flow forecasting
• Management and board reporting
• Internal control and accounting process reviews
• Audit preparation and support
• QuickBooks Online setup and cleanup
• Controller services
• Fractional CFO support
• Form 990 support

We believe nonprofit financial reports should do more than document what happened last month.

BAMS helps leadership understand financial performance, compare actual results with budgets, identify emerging issues, and prepare for future decisions.

The National Council of Nonprofits notes that budgets are an important part of financial sustainability and recommends periodically comparing budgets with actual cash flow and expenses. BAMS helps organizations incorporate that type of financial management into their ongoing operations.

Whether your organization needs reliable monthly accounting, stronger financial reporting, audit preparation, or experienced Controller and CFO-level support, BAMS can provide financial support that grows with your organization.

Smart. Sustainable. Service.