501cbookkeeping

Clean books. Clean audits. Confident boards.

501(c) Bookkeeping provides bookkeeping, grant compliance, and fractional CFO services exclusively to nonprofits. We’re based in Asheville and work remotely with organizations across North Carolina and the country.

We focus on the parts of nonprofit finance that general bookkeepers often miss: restricted funds, net asset releases, functional expenses, and reporting that boards, funders, and auditors can rely on.

Services

• Nonprofit Bookkeeping: Fund-based accounting, reconciliations, monthly close, and clear financial statements, with books prepared for Form 990.
• Fractional CFO: Senior financial leadership without a full-time hire. Includes a monthly board reporting pack, an executive director report, cash flow projections, annual budgeting, and a monthly CFO call.
• Grant Compliance: Grant-by-grant restricted fund roll-forwards that tie to your balance sheet, monthly net asset releases, funder budget-to-actual reports, and audit support.
• Grant Readiness Review: A fixed-fee, two-week assessment of your restricted funds and federal award readiness, delivered as a written report for your board.
• Grant Reporting Suite: Award-by-award budget monitoring, variance notes, and funder-ready reporting packages.

Why nonprofits work with us

• We work only with nonprofits and understand ASC 958, fund accounting, and grant compliance.
• QuickBooks Online classes and locations are set up so board and funder reporting comes straight from your books.
• Flat-rate monthly plans with no hourly billing and no hidden fees.
• Certified QuickBooks Online ProAdvisor with nonprofit accounting certification.

Get started

Schedule a free consultation at 501cbookkeeping.com/consultation or call (828) 222-0829