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Temple Management Consulting, Certified Public Accountants

Do you need current information on the financial standing of your organization in order to make decisions?

Do you lack in house accounting know how?

Is your team losing time that it could be spending on core activities in order to manage your accounting and financial reporting?

Temple Management Consulting is a complete virtual accounting and finance partner to supplement your in-house accounting department.

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Basic Money Matters
Basic Money Matters
Preparing for Your Nonprofit Audit: Best Practices and Lessons Learned from New Requirements
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Nonprofit organizations are navigating an evolving landscape of audit requirements and best practices. Effective nonprofit audit preparation remains crucial for ensuring compliance, enhancing transparency, and maintaining stakeholder trust. In this comprehensive guide, we’ll explore key aspects of preparing for your nonprofit audit, including lessons learned from recently implemented standards, emerging best practices, and strategies to navigate common challenges.

How We HELP

Day-to-Day Accounting and Reporting

  • Record financial transactions in accordance with Generally Accepted Accounting Principles (GAAP)
  • Maintain accrual basis general ledger
  • Facilitate payroll processing
  • Process accounts payable
  • Prepare financial statements

Grants Financial Management Support

  • Maintain accounting for grant expenditures in the accounting system
  • Assist with federal grant funds drawdowns
  • Prepare grant federal financial reports (FFRs)
  • Assist with grant expenditure reporting
  • Assist with funder financial site visits

Accounting Project Support

  • Assist with preparation for your financial statement audit
  • Design, implement and convert accounting systems
  • Prepare operating and grant budgets
  • Provide business advice and guidance
  • Provide IT assessments, guidance and management services

ASC 842 Lease Accounting

  • Implement the required ASC 842 lease accounting standard
  • Maintain your lease accounting
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    Meet Temple Management’s CEO, Annette Sullivan​

    Annette Sullivan, CPA, CGMA

    In 1998, Annette Sullivan received a vision to start a CPA firm that would help organizations take its accounting and financial management to the next level. Our firm rapidly expanded to providing services to other nonprofit organizations and professional service businesses. 
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    Resources from Temple Management
    Nonprofit Accounting

    Developing a Nonprofit Cash Reserve Policy: Key Steps and Best Practices 

    A well-structured cash reserve policy is an essential element of strong financial stewardship in the nonprofit sector. Reserves give organizations the stability to weather revenue fluctuations, address unforeseen expenses, and invest strategically in mission-driven initiatives. Developing a clear, board-approved policy ensures consistency, transparency, and accountability in how reserves are built and used. 

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    Nonprofit Finances

    How Can Your Nonprofit Survive in 2026? Survival Strategies for Struggling Nonprofits – Part I Recognizing the Signs  

    The nonprofit sector is entering 2026 facing its most challenging financial environment in a decade. If you’re a nonprofit executive director, board member, or financial officer feeling the squeeze, you’re not alone. Recent data reveals that 36% of nonprofits ended 2024 with operating deficits—the highest rate in ten years. Meanwhile, 84% of organizations that receive government funding anticipate cuts in the coming year, and 86% report that inflation continues to have a significant impact on their operations.

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    Nonprofit Accounting

    Measuring Success: Choosing the Right Evaluation Method for Your New Nonprofit Program

    In the competitive landscape of nonprofit funding, where resources are scarce and donor expectations are high, effectively evaluating nonprofit program success is essential for sustainability and growth. According to recent surveys, approximately 70% of nonprofits struggle to demonstrate measurable impact, often because they select inappropriate evaluation approaches that fail to capture the full picture of program performance. This article explores nonprofit program evaluation methods, focusing on three key frameworks — goal-based, process-based, and outcomes-based — to help organizations choose the right tools for assessing new initiatives.

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