How Temple Management Can Help Your Nonprofit
How Temple Management Can Help Your Nonprofit Organization
The behind-the-scenes view of nonprofit work can seem like carefully managed chaos. Here at Temple Management, we want to help you manage the pain points of nonprofit financial management so that your organization can prioritize its mission.
Nonprofit Accounting Support from the Ground Up
Temple Management Consulting specializes in the best practices, requirements, and processes needed for strong nonprofit accounting. No matter what stage your nonprofit is at, your accounting is what will propel you forward.
We’re here to help you every step of the way! Our team has successfully taken nonprofits with challenging accounting situations and delivered effective financial management that helps achieve goals and attract new donors.
Whether it’s financial reporting or nonprofit expense management, our mission is to help you make the books a benefit, not a burden. We’ll handle every aspect of the accounting so you can focus on running your organization!
Our use of cloud technology lets us work fluidly, handling your accounting faster than ever before. Besides managing your accounting documentation, we provide you with accurate, actionable financial insight. Our analysis of your finances gives you definitive answers regarding your funding and expenses to help you make the best choices for your organization.
Grant Financial Management and Grant Compliance
Whether you’re a nonprofit managing donations or a church that needs to keep up with member contributions, you want a system that captures everything accurately. Being able to track and recognize these donations and/or contributions are vital to keeping your organization on budget and pinpointing ways to improve fundraising practices.
To secure grants, you must go through the process of showing how your finances and overall operations meet the requirements of a nonprofit organization. This means developing and analyzing financial reports detailing your assets and expenses to show your need. But the work doesn’t end at achieving the grant reward.
Besides accounting for this boost in revenue, you still need to provide documentation to show that you used the money from the grant within its terms.
Temple provides comprehensive grant management from pre-award to accounting for the grant funds in the general ledger. We will ensure you meet grant compliance and help make it easier for you to keep earning valuable grants. Additionally, our team will help you effectively allocate both indirect and administrative costs allowable under the specific grant award.
ASC 842 Lease Accounting
Let us help your organization adopt and implement the new lease accounting Standard FASB ASC 842. After implementation, your organization and financial statements will be compliant with the new rules.
Assistance With Preparing for your Financial Statement Audit
Assistance With Budgeting and Financial Forecasting
Every nonprofit needs a plan and the right insight to adjust its finances to deliver its programs. Whether its your organization’s annual budget, a grant application budget or a rest of year financial forecast, we can help you with financial planning.
Information Technology (IT) Guidance
We believe the Information Technology (IT) should not be an afterthought for a nonprofit. We provide IT management services, guidance and assessments to help strengthen your nonprofit’s technology and security posture.
We empower your team with dedicated nonprofit accounting services so that you have more time and less stress to make a difference.
Ready to see how Temple Management Consulting can be an asset for your nonprofit’s financial management? Reach out to us for a free consultation!
