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