Effective Accounting enables nonprofits to run efficiently, ensure optimal cash flow, mitigate risk and maximize donor contributions. Ascend Nonprofit Solutions brings a full-service finance department, providing everything from paying bills to preparing financial statements to participating in board meetings.
Partners have an assigned team of accountants, including a CPA or Masters prepared Controller. Beyond accounting, Ascend Nonprofit Solutions’ CFO provides financial consultation, helping nonprofits make strategic decisions that align with their goals and contribute to long-term success.
- Accounts Payable
- Accounts Receivable
- Internal Controls
- Payroll Processing
- General Ledger
- Account Reconciliation
- Internal Financial Statement Preparation
- Board and Committee Meetings Attendance
- NC Sales Tax Filings, Preparation and Submission
- Coordination of Annual Independent Audit and Form 990
- Annual Budget Coordination, Preparation and Compliance Monitoring
- Annual Forms 1099 Preparation
Over the course of the pandemic, Housing Collaborative had to quickly expand and accelerate its provision of direct financial assistance capacity to help people impacted by Covid. We would never have been able to distribute over $130M in rent and utility assistance without Ascend’s Finance Team, which provided nimble assistance and careful financial oversight, resulting in many households retaining housing – and clean audits for Housing Collaborative!