Navigating the complexities of nonprofit organizations presents both challenges and opportunities. Effectively managing finances, collaborating with boards, and meeting unique regulatory and compliance requirements can be demanding. However, with experienced accounting support, your nonprofit can turn these challenges into strengths, ensuring financial health and transparency. The right financial guidance empowers your organization to focus on its mission and maximize its impact in the community, ultimately driving positive change and fostering growth.

Meeting the goals and strict compliance requirements of an organization dedicated to something bigger than profit takes vision, strategy and clear answers: What do you need to safeguard and grow your mission?

Kirsch Overview Video
  • Visibility into your finances that leaves you confident you can serve your mission and reach your goals
  • Sufficient oversight and transparency into how you are spending money from donors or other grant sources
  • Accurate GAAP-Compliant financial records that are board and audit-ready
  • 990 Tax Compliance filed correctly and on time

Partnering with Kirsch CPA Group ensures that you have the answers you need to navigate complex tax regulations and report to your board, your funders, and the public with confidence. We have decades of experience providing nonprofit organizations with the tools and strategies needed to meet your goals and grow your reach while ensuring that your return on mission is sound.

Working with Kirsch is like having a fractional CFO and tax expert providing the accounting support and reporting that you need day-to-day as well as helping you to overcome bigger challenges that arise over time.

Holistic Accounting Benefits for Nonprofits

  • Accurate and timely financials that provide clear visibility into your financial position
  • Enhanced cash flow management enabling you to reinvest into your mission
  • Insight into your capacity to expand, hire and grow your program
  • Deeper understanding of how your financial position appears to donors
  • Accounting practices to help prevent fraud and ensure compliance with legal and regulatory requirements
  • Strategies for managing unpredictable revenue streams

Holistic Services to Manage Your Nonprofit

Growth Planning and Advisory

  • Financing Assistance
  • Strategic Planning
  • Capital Campaign Planning & Support
  • Cashflow Planning

Accounting Day-to-Day Support

  • Bookkeeping
  • CFO Services
  • Payroll
  • Budgeting
  • Monthly Financials
  • Industry-Specific Software Solutions

Financial Visibility

  • Audits, Reviews & Compilations
  • Internal Control Reviews
  • Grant Tracking
  • Restricted Fund Tracking
  • Fund Accounting & Reporting

Compliance & Reporting

  • 990 Tax Compliance
  • Reporting for Unrelated Business Income
  • Exemption Process Guidance
  • Internal Control Reviews
  • Board Meeting Reports

Audit & Assurance Services for Nonprofit Organizations

Depending on the size of your annual budget and/or state and federal laws that may apply, you may be required to conduct an independent audit. An audit demonstrates your commitment to financial transparency and helps establish the credibility of your organization with the public, donors and potential donors. Some sources of funding require audited financial statements as part of eligibility for funding.

As your trusted accounting partner, Kirsch CPA Group can provide you with audit and assurance services including audited financial statements, compilations and reviews. We offer guidance on best practices to navigate the audit process smoothly and enhance your organization's financial transparency and credibility. We will advise you about cost-effective service alternatives and ensure that your financials are audit ready.

The Kirsch Nonprofit Team

Cory Taylor, CPA
Senior Manager

Jill Frieden, CPA
Senior Manager

Katie Keller, CPA
Manager

Robyn Schattauer, CPA
Senior Analyst

Nonprofit Client Testimonials

“Our YMCA has benefited tremendously from your firm’s thoughtful and forward-thinking expertise and counsel over the past years. We have benefited from your professional audits, your accounting expertise, understanding of the many unique characteristics of the non-profit world and your timely responsiveness. I consider Kirsch CPA Group to be one of our key partners and a significant factor in our ability to weather the challenging economic storms we have encountered in recent years. We are clearly on stronger footing than we would have been without your input and support.”
Woody Fitton - YMCA
“We use Kirsch CPA Group for accounting services, payroll, and business consulting. They have always been very professional, knowledgeable, kind, and helpful. I definitely recommend their services.”
Athena H.

“As the CEO of a small nonprofit, I am extremely happy with the guidance, support and expertise that Kirsch CPA provides to help oversee our finances at Inspiration Studios / InsideOut Studio in Downtown Hamilton. Our representative, Katie, helped guide me through the process of establishing our 501(c)(3) status with the IRS. She also helped guide us through the initial steps of setting up QuickBooks and creating an efficient and streamlined way for our organization to manage our finances. Our organization relies on many streams of funding, such as donors, grants, sales, etc. and Kirsch CPA helped us navigate the software we needed to successfully track and integrate all of our funds. Those at Kirsch have the best interest for their clients and strongly recommend them for them for those in need of accounting assistance!”

Stephen S. - Inspiration Studios / InsideOut Studio

“Overall excellent service, worthy of flowers! We have most valued the CPA help with our accounting, month end reviews, and help with making informed financial decisions for our organization.”

Jennifer W.

Has Your Organization Outgrown Your Accounting System?

Kirsch Nonprofit Experience

  • Food pantries
  • Religious organizations
  • Community Service Organizations
  • Private foundations
  • Trade & professional associations
  • Fraternal organizations
  • Social & recreational organizations

Nonprofit organizations of every variety, from foundations to community and recreational organizations can quickly outgrow their humble beginnings. As needs grow, sources of funding can become larger, more complex and fragmented into restricted and non-restricted income. Recognizing the need for professional financial management is essential. By implementing strategic systems and seeking specialized expertise, nonprofits can navigate their growth effectively while staying focused on their fundamental purpose.

You may not need a full-time CFO, but there will come a time when you have outgrown the volunteer, part-time or basic accounting services you may have used when you were just getting started.

Signs that it’s time for your nonprofit organization to consider next-level accounting help include:

Executive Director is wearing too many hats

Frequent errors in your financial reporting

You’re losing experienced board members

Navigating fund restrictions is becoming too complex

Transitioning Your Nonprofit

When the time comes to move up to next-level accounting services, Kirsch can provide the tools you need to meet your goals and ensure a smooth transition to whatever is next. Whether you’re managing new sources of funding, new leadership or launching a capital campaign, Kirsch provides the strategic and highly customized accounting and financial advisory services you need to achieve your next milestone.

Example Nonprofit Accounting Engagements

Service Plan

Growth Enablement

Growth Acceleration

Typical Profile

  • Less than $10 million annual budget
  • No in-house financial team; no controller, often a part-time bookkeeper
  • Funding sources: private foundation grants, some government grants, fundraising
Company example

Seizing Growth Opportunities

A local nonprofit dedicated to providing its special-needs clients with a wide variety of services and enrichment activities wanted to grow its reach in the community, but lack of an in-house financial team left the executive director wearing too many hats to devote sufficient time to strategic planning and fund raising.

  • $10 million and up in annual budget
  • In-house financial team
  • Funding sources: Service revenues, grants, contributions, government grants, endowments
Company example

Scaling Up with Support

A community foundation was the recipient of a substantial endowment, presenting both opportunities and challenges. This gift requires a careful investment strategy to maximize the long-term impacts. The foundation needs a system for ongoing oversight and board reporting to ensure transparency.

Situation

  • No in-house financial team
  • Executive Director acting as bookkeeper
  • Bookkeeper & CFO in house
  • Compliance requirements include complex debt covenants
  • Plans for growth

Needs

  • Help getting an accounting structure in place that enables them to visualize financial position and cash flow and comply with requirements of their board, their funders and the IRS
  • Modernizing accounting automation; efficiency
  • Supporting the executive director
  • Closing the books and monthly statements
  • Compliance help: 990s, debt covenants and strategic oversight
  • Compile financial statements for bank and board
  • Annual fully audited financial statement
  • Analysis of endowment performance

Kirsch Deliverables

  • Monthly check-in to address questions
  • Grant tracking
  • Monthly financials
  • Annual tax filing
  • Payroll tax help
  • Review of entries in accounting software
  • Ongoing financial consultations
  • Quarterly board meeting presentation of financial results
  • Quarterly financial statement compilations for bank and board
  • Investment activity and earnings tracking
  • Endowment performance analysis
  • Debt covenant support

Pricing

  • Starts at $10,000 per year
  • Starts at $20,000 per year

Additional Service Options

Nonprofit Accounting News

Grow Your Nonprofit

Contact a member of the Kirsch CPA Group team to learn more about what strategic and holistic accounting services can do for your nonprofit.

Kirsch team

How To Get Started