Nonprofit & Ministry Support
Fund Accounting & Back-Office Support for Nonprofits
Nonprofit leaders and ministry directors should be focused on their mission and the communities they serve—not bogged down by fund accounting complexities and grant compliance requirements.
Black Hills Accounting provides specialized nonprofit bookkeeping and financial reporting. We help 501(c)(3) charities, trade associations, and faith-based organizations maintain rigorous financial transparency, track restricted donations, and prepare clean reports for board meetings and annual Form 990 filings.
Specialized Nonprofit Accounting Services
Fund Accounting & Restriction Tracking
Ensure donor intent is rigorously documented and maintained:
- Separation of unrestricted, temporarily restricted, and permanently restricted funds.
- Tracking expenditures against specific donor designations and endowments.
- Transparent release of restrictions as qualifying programmatic expenses occur.
Grant Tracking & Budget Reconciliation
Compliance reporting for foundations and public grantmakers:
- Expense tracking aligned with grant line-item budgets.
- Preparation of clear financial schedules for interim and final grant reports.
- Audit-ready documentation supporting all grant disbursements.
Board-Ready Financial Statements
Reports your board of directors can understand and trust:
- Statement of Financial Position (Balance Sheet) and Statement of Activities (Income Statement).
- Functional expense breakdown: Program Services, Management & General, and Fundraising.
- Budget-versus-actual variance reports for executive committee oversight.
Payroll, Clergy Housing & Form 990 Support
End-of-year tax and regulatory compliance:
- Clergy payroll and tax handling, including housing allowance designations.
- Annual IRS Form 990-N, 990-EZ, or Form 990 financial schedule preparation.
- Annual 1099-NEC contractor filings and employee W-2 generation.
Support Your Mission with Clean Financials
Schedule a 15-minute consultation to discuss your organization’s fund accounting, board reports, or annual Form 990 requirements.