IMPACTING THE WORLD ONE ACCOUNTING CHALLENGE AT A TIME

our company

We are a team of accounting professionals dedicated to helping nonprofit organizations fulfill their missions through strong financial management. We accomplish this by providing affordable accounting services, great technology, and super responsive support.

Our Clients

NFP Partners serves nonprofits and special governmental organizations from small-to-mid-sized located in all parts of the USA with some concentration in Colorado.

Outsourced Accounting

We offer a full range of outsourced accounting services to nonprofit organizations, from basic financial management to higher-level CFO support.

Software Consulting

We implement and support award-winning nonprofit accounting software including the popular Abila MIP Fund Accounting™.

Hours of Audit Preparation

Active Clients

Cups of Coffee with Clients

Make Your finances a Priority.

we certainly will.

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A few hours of consultation saved dozens of hours of future staff time on our end. NFP Partners was a life saver and a smart investment!

Carolyn Moller, Accounting Manager

 

Services

NFP Partners’ aims to impact the world, one accounting challenge at a time. We do so by helping our clients meet the challenges of growth, operational efficiency, accountability, and regulation. Furthermore, NFP Partners offers extensive experience in the not-for-profit sector and a deep understanding of accounting technology tools.

Whether employing our customized accounting services, implementing accounting software, hosting your software, along with super-responsive support, you can count on us to exceed expectations. Your financial management will rise to the top and your auditor will love you!

The Ultimate Guide to Outsourced Nonprofit Accounting Services

For over 10 years, NFP Partners has provided nonprofit and governmental organizations with expert consulting and top-notch customer support through outsourced nonprofit accounting services.

With years of expertise, comes the opportunity to answer all of your organization’s questions are they relate to outsourced nonprofit accounting services. Does your organization need outsourced nonprofit accounting services? Is the cost of outsourced nonprofit accounting services more expensive than maintaining your organization’s accounting in-house? Find the answers to these questions and more.

Articles of Interest

Nonprofit Accounting Reports and What to do With Them

Since you’ve read all of NFP Partner blog and newsletters, you know how to read financial statements.  If you don’t, please read this article to get up to speed.

After reading the article, you should now know the three major financial statements and what to look for. Now, we are going to determine what your nonprofit should do with what you are seeing.

Your nonprofit’s statement of financial position

One of the first statements usually presented is the Statement of Financial Position, also known as the Balance Sheet. This statement presents the nonprofit’s assets, liabilities, and net assets (fund balances). This report details the assets and the liabilities and is used to determine the overall health of a nonprofit.

The asset categories generally include cash, prepaids, receivables, and other assets. When comparing these to current and long-term liabilities, look to see if the assets can cover those liabilities. They can be accounts payable, accrued payroll, or other short and long-term obligations.

If the current ratio (current assets divided by current liabilities) is above 1, it indicates the nonprofit’s assets can cover their short-term liabilities. No further action is necessary. However, if the current ratio is below 1, it indicates the nonprofit may not be able to meet its short-term liabilities. In this case, further research is necessary. read more…

The Cost of Nonprofit Accounting Employee Turnover

Employee turnover is no stranger in the nonprofit world.

Although it’s difficult to get reliable and current statistics by position types, an annual rate of 25% is a fair overall benchmark. This article shows how your nonprofit can calculate this rate and why it is significant.

how to calculate my nonprofits ovreall benchmark and successHow to calculate your nonprofit overall benchmark

Simply stated, count the number of employees separated over an annual period and divide that by the average number of employees or the same period.

Employees Separated
______________

(Beginning + Ending Number of Employees) / 2

This formula can be modified to focus on a department like accounting. Also, take into account seasonal variations and special events or circumstances. But, for discussion purposes, let’s use 25%. read more…

City Girl in a Nonprofit World – Makalah’s Story

Hello from my digital device to yours. The name is Makalah Emanuel and on behalf of NFP Partners, I’d like to thank you for spending the last 10 seconds reading our newsletter. I hope you chose not to stop here!

In this newsletter, we are excited to present two new articles for you. Of course, they touch on nonprofit financial management – well, all except this one (spoiler alert).

This article won’t help you learn the most effective ways to create your nonprofit’s dashboard or reveal any secret tips on how to get your auditor to love you. Instead, this article will tell you a little bit about one of the people who proudly stands on the NFP Partners team. Should you be even slightly curious about NFP Partners’ Marketing Manager, read further. As I said, the name is Makalah Emanuel. Here’s a little bit about my story.  read more…

“Impacting the World One Accounting Challenge at a Time”

Testimonials & Featured Clients

Potomac Management Resources

“NFP’s pricing was competitive, for bookkeeping, but their attention to detail, interest in our business, and willingness to work with our model put the company over the top compared to the other bidders. NFP helped with templates to make the transition easier, and management was hands-on and attentive during the process.”

Got a Question?

NFP Business Management Partners LLC

3570 E. 12th Ave

Denver, CO 80206

Phone: (303) 586-5011