The Problem We Solve

Why nonprofit businesses need accounting built for them.

Nonprofit accounting differs from for-profit accounting in structure: restricted vs. unrestricted funds, grant compliance, board-restricted net assets, in-kind contribution recognition, and Form 990 disclosures that drive public charity rating algorithms. Generalist accountants force nonprofit books into for-profit chart-of-account templates and create disclosures that misrepresent the organization's actual fiscal posture.

Scoped to Nonprofit

What we deliver for nonprofit clients.

Every engagement combines our core accounting practice with the industry-specific knowledge nonprofit businesses need.

Nonprofit Bookkeeping

Fund accounting with restriction tracking and grant compliance.

Form 990 Preparation

Federal Form 990, 990-EZ, or 990-PF plus required state filings.

Tax Planning

Year-round planning including UBI minimization and state charitable registration.

Payroll

Payroll including 403(b) administration and minister housing allowance where applicable.

Fractional CFO

Board financial reporting, restricted-fund forecasting, and grant-pipeline planning.

IRS Resolution

Representation for nonprofit examinations and public charity status challenges.

Why Trust Troy Accounting

Practice depth, documented standards, accountable people.

We hold ourselves to documented editorial standards, a published client success methodology, and the compliance posture appropriate to a U.S. professional accounting firm. Specifically for nonprofit engagements:

  • Fund accounting with restricted, board-restricted, and unrestricted net asset tracking
  • Form 990, 990-EZ, and 990-PF preparation
  • Grant accounting and grantor reporting
  • In-kind contribution valuation and recognition
  • UBI (unrelated business income) identification and Form 990-T preparation
  • Public charity status maintenance and the public-support test calculation
  • Audit-readiness for state and federal grant audits

We are not a CPA firm. For engagements requiring CPA attestation, we coordinate with our licensed CPA partner network. We do not exaggerate credentials, and the named team on your engagement is the team that performs the work.

Common Questions

FAQ for nonprofit clients

Do you work with small nonprofits?

Yes. Engagements scale to the organization size. Many small nonprofits engage us for Form 990-EZ preparation and quarterly bookkeeping.

Can you handle federal grant accounting?

Yes. Federal grant compliance including Uniform Guidance (2 CFR 200) requirements is part of our nonprofit practice.

What about state charitable registration?

We track and file initial and renewal charitable solicitation registration in states where you fundraise.

Are you a CPA firm?

No. We are not a CPA firm. For nonprofits requiring an external audit or A-133 single audit, we coordinate with our licensed CPA partner network and prepare the workpapers.

What Happens Next

Three steps from here to a working engagement.

01

Generate a quote

Eight questions, 90 seconds, a locked final monthly price scaled to your specific nonprofit profile.

02

Discovery call

A 20-minute call to confirm the scope, meet your account lead, and align on the engagement details.

03

Onboard in 2 to 6 weeks

We rebuild your books to a clean baseline and run our first monthly close in parallel before fully taking over.

Schedule Consultation Request Proposal Call