Nonprofit Accounting & Advisory Services
Empowering your mission on the path forward
At Abdo, we understand the unique challenges that nonprofit organizations face. Your focus is on making a meaningful impact and driving your mission forward, not getting bogged down by financial complexities. That's where our specialized Nonprofit Accounting & Advisory Services come in.
Mission-driven outcomes
Guiding the way forward
Nonprofits have unique financial management needs that require an understanding of both regulatory requirements and the mission-driven nature of your work. Our experienced nonprofit advisors are dedicated to providing you with the tools and insights necessary to:
Streamline
Financial operations
Efficiently manage your accounting processes so you can allocate more time and resources to your programs.
ENSURE
Compliance
Navigate the complexities of nonprofit regulatory requirements to maintain your good standing and credibility.
Enhance
Financial transparency
Provide clear and detailed financial reports that can be easily shared with your board, donors, and stakeholders.
Service Levels
With each level of service comes a different set of tasks and a unique strategy for creating value. Below are our service offerings based on level. To learn more about each, simply click "Learn More" at the bottom of the section.
Level 1 | Outsourced Accounting
Free up time and cut costs by outsourcing essential accounting tasks, allowing your nonprofit to focus on its mission.
Nonprofit organizations can achieve growth and enhance their impact more effectively by outsourcing non-core administrative processes that are time-consuming, repetitive, and resource-intensive, yet vital for daily operations. By delegating these tasks, nonprofits can concentrate on their core mission and strategic goals, improving efficiency, reducing expenses, enhancing service quality, and freeing up internal resources.
Process outsourcing has become a crucial strategy for nonprofits aiming to stay competitive and adaptive in a rapidly evolving environment. Our advisors have dedicated years to developing specialized expertise to offer outsourced services that align with the latest industry practices and technologies, saving our clients time, money, and resources.
Service detail
- Payables Management
- Receivables Management
- Bank Reconciliations
- Tax Return Preparation and Filing
Level 2 | Controllership
Empower your nonprofit with the financial expertise and precision needed to thrive in today's complex landscape.
Effective financial management is the cornerstone of any successful nonprofit. Our Controllership Services are designed to provide you with the financial expertise and precision required to navigate today’s multifaceted environment. From meticulous financial reporting for clear decision-making to robust internal controls that safeguard your assets, we handle the complexities of financial regulations, ensuring compliance with accounting standards and tax laws. Our support encompasses budgeting, financial analysis, cash flow optimization, tax planning, audit readiness, and strategic guidance. We are your partners in financial excellence, offering the insights and tools needed to advance your mission and achieve sustainable growth.
Service detail
- Spend Management
- Cash Management
- Cost Accounting
- Monthly Close
- Financial and Management Reporting Preparation
- Budget Creation & Monitoring
Level 3 | CFO/Finance Services
Get expert financial guidance that supports smart, data-driven decisions to help your nonprofit grow sustainably.
Modern CFOs in the nonprofit sector face unique challenges, complexities, and an ever-changing environment. Whether your organization is in transition, experiencing contraction due to funding uncertainties, or in need of strategic hiring, our advisors can provide guidance and support to illuminate the path ahead. From financial strategy and reporting to risk management and investment analysis, we are passionately committed to helping you make better decisions towards optimal growth, sustainability, and impact.
We collaborate in the way that works best for you – virtually or in-person – to craft and execute financial strategies aligned with your organization's mission. We ensure clear, accurate financial reporting, empowering stakeholders with insights into your financial health. Our expertise encompasses budgeting, cash flow management, risk mitigation, investment analysis, cost optimization, and financial compliance. Additionally, we leverage cutting-edge financial technologies and industry benchmarking KPIs, integrating dashboards through PowerBI to streamline your financial processes.
Our experienced professionals provide a wide range of advisory services for CFO functions that empower our clients to navigate complex financial matters with ease and confidence.
Service detail
- Budgeting Process
- Financial Goal Setting
- Forecasting
- Monitoring KPIs
- Data Analytics
- Benchmarking vs. Market
- Trend Analysis
- Advanced Financial Modeling
- Monthly Meetings
Level 4 | Strategic Partner Services
We serve as your strategic advisor on big-picture objectives from strategic planning and market analysis to growth strategy and human capital.
Every organization has a mission or goal. Engaging with a strategic partner provides you with a guide and a roadmap to help you fulfill your mission. But beyond the cost savings of tapping into “on-demand” talent, there are other advantages to collaborating with other professionals who understand your vision and the challenges that you face.
Effective leaders need space and “altitude” to successfully chart the course for the future of their organization, but oftentimes they are so busy with day-to-day operations, having the capacity to think forward is limited. This is where our people shine – we serve as your strategic advisor to lead you down the path of smart business decisions that will get you to your goal. Our experts are here to facilitate the process, not just help you check off a list. We ask the big questions, provide much needed, non-biased assessments, challenge the status quo, and help you unlock innovations along the way.
Service detail
- Identify financial & non-financial KPIs that impact your business
- Business Planning
- Market Analysis
- Human Capital
- Strategic Analysis
- SWOT Analysis
- Growth Planning
- Strategic Planning Facilitation
- Monthly Meetings
our expertise
Guiding you to the best way forward
Our experience delivers proactive problem-solving for any challenge.
TAILORED SOLUTIONS
Specialized knowledge to meet your unique needs
From outsourcing processes to insights that will see you through strategic planning, our deep nonprofit expertise adds further context to our working relationship. We understand the nuances, challenges and trends that impact nonprofits, and this translates to helping our clients make well-informed, strategic decisions that are unique to this industry. When you work with Abdo, you gain a true strategic partner – unlocking opportunities, mitigating risks, and ultimately achieving your financial and organizational goals so you can move your mission forward with confidence.
Insights
A behind-the-numbers view of best practices and holistic thinking.
A step-by-step guide to choosing the right accounting system for your nonprofit
Selecting a new accounting system for your nonprofit can easily become an all-consuming endeavor. There are so many options, so many features, and so many solutions.
8 telltale signs your nonprofit is outgrowing its accounting system
Your accounting system should empower you and your staff to further your organization’s mission. If you’re experiencing any of the issues noted above, it could be time to consider a change.
Client Advisory Services expertise
Guiding you through all levels of accounting needs
Our broad range of experience delivers proactive problem-solving for any challenge.
Victoria Holthaus, CPA
Victoria helps her clients better understand their long-term financial position, so they can confidently plan for what’s next.
LET'S DO THIS
Ready to get started? So are we! Fill out your information below including the service level you'd like to learn more about. We'll be in touch to discuss your needs and how our team can help yours.