Nonprofit Services

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Non-Profit Outsourced Accounting Services

The operating environments of non-profit organization are unique, with specific rules and financial regulations. While most non-profits have the talent in place to manage delivery of program services, they often lack accounting and financial expertise.

BlumShapiro, provides custom bookkeeping and outsourced accounting solutions that allow your non-profit organization to focus on your mission.

We provide reliable, timely and accurate financial reports so that your board members and management can make sound decisions and plans. Further, we ensure that your organization will maintain the required financial transparency. 

We Provide Services for the Following Non-Profit Organizations:

  • Social service, charitable, art and religious
  • Membership and trade organizations
  • Private foundations
  • Healthcare organizations
  • Educational institutions 

Non-Profit Outsourced Accounting Services:

  • Reconcile cash accounts
  • Reconcile investment accounts
  • Maintain grants and other accounts receivable
  • Process accounts payable
  • Coordinate month-end close
  • Prepare monthly financial statements (by cost center, grant, etc.)
  • Review monthly financial package with management
  • Assist with monthly, quarterly and annual regulatory compliance
  • Provide grant accounting
  • Account for donated goods and services
  • Prepare grant budget proposals, revisions and amendments
  • Prepare grant financial reports
  • Prepare annual budget
  • Account for restricted funds
  • Attend Board of Directors or Finance Committee meetings
  • Prepare for and assume lead for annual audit

Other Non-Profit Services Include:

  • Design and implement accounting systems
  • Implement grants compliance calendar
  • Design monthly financial reporting package
  • Implement cost allocation plans
  • Develop and document financial policies and procedures
  • Review accounting department infrastructure
  • Create projected financial statements
  • Train board of directors, management and staff
  • Special projects

Learn more about our non-profit service group>>



Advisors | Auditors | Consultants | CPAs – BlumShapiro is one of the premier nonprofit Accounting firms in New England and a Top 100 CPA Firm in the U.S. Our professionals serve associations, charities and trade organizations in Boston (MA), Hartford (CT), Cranston (RI), Shelton (CT), Quincy (MA)and Newton (MA) with audit, tax and business consulting services. We are members of the Connecticut Association of Nonprofits, Connecticut Council for Philanthropy, Connecticut Society of Association Executives and the Hartford Foundation for Public Giving.