Nonprofit Accounting
Financial Clarity for Mission-Driven Organizations
Nonprofits operate under a different set of rules — fund accounting, grant compliance, board oversight, and donor stewardship all demand a financial partner who understands the mission alongside the numbers.
Accounting Built Around Your Mission
Most accounting firms treat nonprofits like small businesses with a few extra reports. We don't. Nonprofit financial management requires fund-level tracking, grant compliance, board-ready reporting, and a deep understanding of how restricted and unrestricted funds interact — none of which fits neatly into a standard small-business accounting workflow.
Koss Accounting Solutions works with nonprofits that need more than a bookkeeper. We bring structured financial processes, clean fund accounting, and the reporting your board and funders expect — so you can focus on the work that matters.
What We Do for Nonprofits
Fund Accounting & Bookkeeping
Accurate, fund-level bookkeeping that tracks restricted and unrestricted funds separately — so your financials always reflect the true picture of each program and the organization as a whole.
- Restricted vs. unrestricted fund tracking
- Program-level expense allocation
- Monthly reconciliation and close
- Chart of accounts structured for nonprofit reporting
Grant Reporting & Compliance
Grant funders expect detailed, accurate reporting — and the consequences of non-compliance can be severe. We track grant expenditures, prepare funder reports, and help you stay ahead of compliance requirements.
- Grant expenditure tracking by award
- Funder-ready financial reports
- Budget vs. actual analysis per grant
- Audit preparation support
Board Financial Reporting
Your board needs clear, timely financial information to govern effectively. We prepare board-ready financial packages that translate the numbers into the context your leadership needs to make good decisions.
- Monthly and quarterly board financial packages
- Statement of activities and financial position
- Budget vs. actual with narrative
- Cash flow and reserve analysis
Strategic Financial Management
Beyond the books, we help nonprofit leaders think strategically about financial sustainability — from budgeting and forecasting to reserve planning and program cost analysis.
- Annual budget development and monitoring
- Multi-year financial forecasting
- Program cost and overhead analysis
- Reserve and liquidity planning
We Understand the Challenges Nonprofits Face
These are the situations we hear about most — and the ones we're built to help with.
- 1Managing multiple grants with different reporting periods and requirements
- 2Demonstrating financial stewardship to donors and funders
- 3Preparing for audits without a full-time finance team
- 4Allocating shared costs across programs accurately
- 5Giving your board the financial visibility they need to govern well
- 6Scaling financial operations as the organization grows
"Nonprofits deserve the same quality of financial management as any well-run business — and they need a partner who understands that the mission and the money are inseparable.
Let's Talk About Your Organization
Whether you're managing your first grant or building out a multi-program budget, we can help you get the financial foundation right.