Direct Partnership with Roy Welch — Founder & Managing Director • Chicago, IL
Nonprofit & Grant Practice

Nonprofit Accounting & Grant Reporting

Empowering executive directors and boards with audit-proof fund accounting, restricted asset tracking, foundation grant compliance, and clean Form 990 filings.

✓ 100% Grant Compliance
✓ Uniform Guidance & Single Audit Ready
✓ Form 990 Tax Preparation
✓ Former VP of Finance Nonprofit Pedigree
Self-Diagnosis

Identify Your Exact Financial Operating Bottleneck

Are you scaling commercial operations or stewarding public/fiduciary trust? Select your operating reality below to identify your immediate resolution path:

Commercial SMBs & Growing Enterprises For-Profit Track

Track A: Founders & Growth CEOs

When top-line revenue is compounding, but real-time cash clarity lags behind critical operational decisions:

“Profitable on paper, but cash in the bank feels uncomfortably tight.”

“Month-end close takes weeks, leaving you with stale data to make critical hires.”

“Outgrowing your generic bookkeeper; nobody is forecasting forward runway.”

501(c)(3) & Public Foundations Fiduciary Track (Recommended)

Track B: Nonprofit Executive Directors

When fiduciary accountability, grant tracking, and board oversight demand audit-proof fund transparency:

“Dreading the next board meeting due to confusing restricted-fund tracking.”

“Audit-readiness panic whenever grant reporting deadlines loom.”

“Manual reconciliations eating up staff hours that belong in programs.”

Engagement Architecture

The Core Service Tiers

See how specialized fund accounting protects your 501(c)(3) charter and satisfies grantor compliance.

Tier 02 • Nonprofit CFO + Strategy

Growth

Starting at $6,000 / mo
Fund Accounting + 13-Week Cash & Board Advisory
● Detailed Core Focus
  • ✓ Everything in Foundation, plus: Dynamic 13-week rolling cash flow model factoring pledge collection timing, grant reimbursement cycles, and payroll.
  • ✓ Board of Directors Financial Packet: Visual governance dashboards, executive summaries, and reserve runway metrics.
  • ✓ Grant Budgeting & Proposal Modeling: Building defensible indirect cost rate proposals (NICRA) and multi-year project budgets.
  • ✓ Bi-Weekly Executive Advisory: Direct strategic partnership with Roy Welch supporting the Executive Director and Finance Committee.
What it Replaces & Solves

Replaces cash flow crunches between reimbursement grant drawdowns, under-budgeting overhead on major grant proposals, and defensive board presentations.

Tier 03 • Large Foundation & Single Audit

Scale

Starting at $9,000 / mo
Institutional Scale, Federal Single Audit & Capital Campaigns
● Detailed Core Focus
  • ✓ Everything in Growth, plus: Turnkey audit leadership for organizations expending $750k+ in federal funds requiring a Single Audit (Uniform Guidance).
  • ✓ Multi-Entity & Endowment Governance: Supporting affiliated 501(c)(4) advocacy entities, fiscal sponsorships, and endowment funds.
  • ✓ Capital Campaign Financial Architecture: Complex pledge accounting, donor restriction releases, and multi-year facility financing models.
  • ✓ Direct Senior Partner Channel: Priority executive communication and attendance at Board of Directors / Audit Committee meetings.
What it Replaces & Solves

Replaces single audit panic, compliance disqualifications from major institutional funders, endowment mismanagement, and organizational burnout.

Friction-Free Onboarding

The 3-Step Engagement Mechanism

Demystifying what happens after you click to remove onboarding friction:

Direct Calendar Access

Get Clear on Your Numbers Before Your Next Board Meeting or Payroll Run.

“Bring your biggest financial question. You leave with an actionable diagnosis whether we work together or not.”

Direct Answers

Nonprofit Accounting FAQs

Critical guidance on restricted fund tracking, functional expenses, Form 990, and board reporting.

How do you track donor-restricted funds vs. general operating cash? â–¼
We structure your general ledger with class and project codes representing each grant or restricted donation. When expenses are incurred toward that specific program, they are classified against the restricted revenue class, releasing the restriction automatically and preventing accidental co-mingling with general operating funds.
How do you calculate functional expenses for Form 990? â–¼
We create a defensible cost-allocation methodology that divides all operating expenses across three distinct categories: Program Services, Management & General, and Fundraising. This satisfies IRS Form 990 Part IX requirements and ensures top charity ratings on Charity Navigator and GuideStar/Candid.
Can you assist our organization during a federal Single Audit (Uniform Guidance)? â–¼
Yes. If your nonprofit expends $750,000 or more in federal grant awards, a Single Audit is required. We prepare the complete Schedule of Expenditures of Federal Awards (SEFA), assemble auditor confirmation workpapers, and coordinate directly with your external audit team.
Can Roy Welch present financial reports to our Board of Trustees? â–¼
Yes. We design high-level, visual board packets that translate complex fund balances into plain English, and Roy Welch is available to attend board or finance committee meetings to answer fiduciary questions.

Protect Your Nonprofit's Mission and Funding

Schedule a 30-minute consultation with Roy Welch to review your grant reporting procedures and ensure total audit readiness.