Non-Profit/Education

The BMD team is well aware of the challenges that nonprofit organizations face today to manage a sound accounting and financial management system. BMD’s holistic and scalable services offer cost-saving alternatives to help keep organizations on-track, compliant, and growing.

BMD offers scalable accounting and financial services plans, designed to address specific non-profit industry issues, and bridge the gap between the accounting and program departments.

Our Non-profit/Education support services are offered at a cost lower than hiring full-time accounting staff, and include:

  • Full service outsourced accounting
  • Comptrollership/CFO
  • Nonprofit Formation/Startup – Form 1023, Form 1024
  • 990Annual Tax Return Filing
  • Audit support
  • Annual clean up
  • Budgeting and cash flow forecasting
  • Grant reporting
  • Reconciling the GL with the grant report
  • Tracking, recording and reporting Investment
  • Preparing Monthly /Quarterly/Annual financial statements
  • Tracking Restricted vs. Unrestricted Net assets
  • Tracking and recording unrelated business income
  • Valuing in-kind donation and services
  • Computing and allocating fringe and indirect cost