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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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Nonprofit Finance
Nonprofit Finance
Mastering NFP Endowment Accounting: Essential Compliance and Reporting Strategies for Nonprofits 
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Endowments are a cornerstone for nonprofit financial sustainability, providing a permanent funding source that enables organizations to support their mission for generations. Yet, nonprofit endowment fund accounting is daunting, with complex compliance requirements and evolving standards such as UPMIFA (Uniform Prudent Management of Institutional Funds Act), and ASC 958. For nonprofits and their boards, proper endowment management entails more than maintaining spreadsheets — it involves building stakeholder trust and ensuring the organization’s long-term future. In this guide, Temple Management CPA shares everything you need to know about accounting, compliance, and reporting for nonprofit endowment funds. 

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
Ready to Start?

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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. 
    Learn More

    Resources from Temple Management
    Nonprofit Board

    How Can Your Nonprofit Survive in 2026? Survival Strategies for Struggling Nonprofits – Part 3: Technology, Collaboration and Merger Strategies

    Technology adoption separates thriving nonprofits from struggling ones. Organizations that effectively integrate technology across fundraising, service delivery, and operations are significantly more likely to report revenue growth. Yet many nonprofits remain woefully behind in their use of technology, creating both operational inefficiencies and missed opportunities.

    Keep Reading »
    Nonprofit Accounting

    How Can Your Nonprofit Survive in 2026? Survival Strategies for Struggling Nonprofits – Part 2: Sustainability Strategy 

    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.

    Keep Reading »