Specialized Accounting Services for Non-Profit Organizations

Non-profit accounting services

We understand your challenges.

We recognize that, when it comes to day-to-day accounting, grant compliance and cost allocations, non-profit organizations face unique challenges. ARI has three decades of experience working with non-profit organizations like yours. Our accounting professionals are well versed in the complex reporting requirements, rapidly changing grant environment, and day-to-day challenges that affect non-profit organizations.

Benefit from a team of experienced accounting professionals.

With ARI, you get an entire team of accounting professionals designed to meet your agency’s specific needs – not just one individual. We are always available to answer questions and address any issues that arise. Not only do we serve as your accounting department, we become valued members of your management team, helping you make important financial decisions.

Each month, we will formally close your books and review your agency’s results. If needed, we will also present the results to your board of directors. We will also work closely with both your development staff and grants manager to ensure all aspects of revenue are reported correctly, so grant deadlines are never missed.

Our services are usually less expensive than the cost of hiring a full-time bookkeeper or accountant.

With ARI, you get a team of accountants that has decades of collective experience.


Our team understands that each grant has unique tracking requirements and restrictions. We’ll work with you to ensure costs are allocated correctly to the appropriate program and funding source.

We will guide you through the entire grant cycle, including generating budgets for grant proposals and ensuring timely, accurate filings. Of course, everything we do is in accordance with generally accepted accounting principles (GAAP).

We are deeply familiar with the audit process for non-profit organizations. In fact, several of our team members were auditors earlier in their careers. We understand what auditors are looking for. That’s why, throughout the year, we’re organizing your accounts so we’re prepared for your annual audit and any state or federal compliance audits. We strive to make the audit as pain free as possible by taking the lead with your audit firm. That way, you have more time to focus on your agency’s mission.

We can deliver budgets at multiple levels — at the agency level, the program level and the grant level. We can provide a multitude of monthly reports comparing budget to actuals to ensure that program managers always have the information they need to understand how their respective programs are performing.

Managing restricted funds comes down to creating and implementing systems that ensure all restrictions are documented and addressed at every stage. We’ll help you manage temporarily-restricted and permanently-restricted funds so they comply with all grant stipulations and we’ll oversee GAAP reporting for your organization’s audits.

With ARI, you not only get an accounting staff, you get an experienced CFO who is well versed in the unique aspects of your non-profit organization. At your request, a member of your ARI team will attend meetings with your finance committee and/or board of directors and will address any questions or concerns that arise.

We have non-profit clients that retain an in-house bookkeeping resource and clients that rely on us for everything, including bookkeeping support. We will work with you to determine the solution that best fits your needs.

With ARI, you get a team of accountants — with years of collective experience, so you reduce risks related to turnover and eliminate a potential single point of failure.

To enable our non-profit clients to budget accurately for their accounting needs, we structure our relationship on a flat, monthly fee – based on the complexity, scope of services and specific needs of the organization.

Clients often report that our services are less costly than staffing a full-time bookkeeper or accountant, especially when one calculates total costs, including payroll taxes, benefits, recruiting, training, office space, IT, management and turnover expenses.

However, we realize that change can occur in any organization so, when you partner with ARI, there are never any long-term contracts.


Here’s a brief overview of services we provide:

Monthly Accounting and Bookkeeping

Each month, we will reconcile your accounts and prepare comprehensive financial statements, including a balance sheet, multiple profit and loss statements, monthly trend reports and budget vs. actual reports. In addition, we will customize reports to meet your needs so you always have the information you need to understand how your organization is performing.


Annual Audit Support

Each month, we organize your accounts in a way that will help facilitate a smooth annual audit and we will work hand-in-hand with your audit firm to make the process as seamless as possible.

Budgeting and Projections

We will work with you and your team to develop a comprehensive budget by agency, program and funding source. We will also provide monthly budget-to-actual reports to track performance and will furnish any cash flow or year-end projections as necessary. This will ensure that your agency is spending cash wisely and that all grant funds are fully expended.


CFO-Level Support When You Need It

We are confident that your ARI team will become trusted members of your management team. We have extensive knowledge and experience in the non-profit sector and harness both to help you make the best possible decisions for your agency.


Let’s get started.

We’ll start by meeting with you and your management team to gain a clear understanding of your organization’s strategies, direction, risk and expectations. We’ll review your existing programs and grants and document your reporting requirements. We’ll also discuss any accounting issues and challenges your non-profit organization is currently facing. Contact us.

Affiliations

The Alliance


Elaine M. Dwyer Chief Administrative Officer Elaine M. Dwyer
Chief Administrative Officer
Junior Achievement
of Southwest New England, Inc.
Hartford, CT
Since 2005, Junior Achievement of Southwest New England has been utilizing Accounting Resources Inc.’s services and they continue to be an extremely valuable resource. ARI provides us with complete and clear financial reporting on a monthly basis, which includes reconciling all of our investment accounts. Their staff is experienced, professional and is knowledgeable in the unique environment that is the non-profit organization. With ARI supporting our audit firm with information and reports, the year-end process has become much less burdensome and enables our staff to remain focused on JA’s mission-driven responsibilities. We highly recommend ARI.
Frank H. HagamanExecutive DirectorFrank H. Hagaman
Executive Director
Hartford Preservation Alliance
Hartford, CT
You and ARI have been the best partners a non-profit could ask for.
Nathalie ApplewhiteManaging DirectorNathalie Applewhite
Managing Director
Pulitzer Center on Crisis Reporting
Washington, DC
The team at ARI has been incredibly supportive of our needs over the past eight years. They are highly professional, attentive to detail, very quick to respond, and even make time for special requests. It's reassuring to know we can count on them for such critical matters.