With Our Washington DC Nonprofit CFO Services, You Can Take Decisive Action & Grow Your Net Assets
We’re the Washington DC Nonprofit CFO
for You,
If You Want:
Trusted by Nonprofits
“In addition to cutting costs for accounting, Daily Balance has been most responsive to our needs. ”
“Their ability to step in, respond quickly to needs, and offer cost-saving solutions has been an incredible asset.”
“Daily Balance has moved us beyond a tiny little non-profit to a thriving business!”
“With Daily Balance, we’ve been able to spend 99% of our grants last year and achieve a level of financial health and compliance that we couldn’t reach before.”
“Daily Balance's team of experts have a huge heart for non profits and the essential services they bring to enrich our communities.”
“The knowledge that Daily Balance provides enables me to make better decisions in my business.”
“Using Daily Balance bookkeeping and tax services does not cost you; it saves you stress, time and money.”
“Syd and his team discuss solutions with us and provide solid options to consider as we are making business decisions.”
“Not being distracted by accounting issues, I can focus on increasing sales and market penetration.”
CPAs Who Have Mastered Bookkeeping Services for Nonprofits
While most CPAs shy away from the confusing and complex nature of nonprofit accounting, we focus solely on it. After having worked with nonprofits with a budget of $1M+ for over 25 years, we understand how to do your accounting like few do. That’s why our clients love working with us.
We are a team of detail-oriented, can-do nonprofit accountants and CPAs who strongly value responsiveness, integrity, excellence, helpfulness, innovation, professionalism, and fun!
We look forward to working with you, so we can help you focus on your programs, reduce headaches, get more funding, produce perfect audits, and look amazing in front of your board, all the while reducing your admin costs.
Syd Highley, CPA | Daily Balance
Managing Principal What Our Washington DC Nonprofit CFO Services
Can Do For You:
- Enhance financial stability and growth for your nonprofit
- Address cash flow challenges effectively
- Secure funding through debt or equity
- Upgrade reporting and record-keeping practices
- Optimize systems to support scalable growth
- Deliver long- and short-term financial forecasting
- Organize and streamline historical financial records
- Develop a comprehensive long-term financial strategy
World-Class Nonprofit CFO Services
On-Call 24/7/365
No Surprises Guarantee
Proactive CPAs
Value-Focused Accounting
30-Day No Fault Agreement
Cloud-Based & Real-Time
Your Comprehensive Nonprofit CFO Advisory Services
- Develop and implement long-term financial plans
- Advise on strategic financial decisions
- Create annual budgets and cash flow forecasts
- Provide ongoing financial projections and scenario analysis
- Prepare and analyze financial statements
- Ensure compliance with regulatory requirements and accounting standards
- Design and implement internal controls
- Prepare financial reports for board communication
- Oversee financial aspects of grant applications and reporting
- Ensure proper tracking and utilization of grant funds
- Advise on fundraising strategies and donor engagement
- Manage program funds and ensure financial accountability
- Identify and mitigate financial risks
- Implement cost-saving measures and efficiency best practices
- Monitor and optimize cash flow for stability
- Recommend financial systems and technology solutions
Meet Your Washington DC Nonprofit CFO Team
Syd Highley
Amy Fryatt
Julie Asuncion
Norie Fabian
Tessa Joy De Vera
Ilonah Vivas
We'll Integrate with Your Accounting Software
Let Us Lighten Your Load!
Fixed Fee
No Surprises
Guarantee
Nonprofit CFO Services in Washington DC & Beyond
Bakersfield Nonprofit CFO Services
1 (661) 218-1122
1 (857) 678-1661
Chicago Nonprofit CFO Services
1 (872) 253-6677
Los Angeles Nonprofit CFO Services
1 (213) 463-8484
New York City Nonprofit CFO Services
1 (646) 921-6606
Sacramento Nonprofit CFO Services
1 (916) 999-5955
San Diego Nonprofit CFO Services
1 (619) 389-3344
San Francisco Nonprofit CFO Services
1 (415) 358-5353
San Jose Nonprofit CFO Services
1 (669) 230-0440
Washington DC Nonprofit CFO Services
1 (771) 220-7155
Nonprofit Accounting Resources
FAQs
1 Fun & 1 Interesting Fact About Washington, D.C.
Washington, D.C. Nonprofit Accounting Resources
Washington, D.C. Local Resources
District of Columbia Office of Finance and Treasury
1101 4th Street, SW Suite 850W
Washington, DC
20024
(202) 727-6055
District of Columbia Metropolitan District Department
441 4th Street, NW, 7th Floor
Washington, DC
20001
(202) 727-9099
Top Companies in Washington, D.C.
1145 17th St NW
Washington, DC
20036
More About Nonprofit Accounting in Washington, D.C.
Washington, D.C., the capital of the United States, has a population of around 700,000 residents. The city is known for its political significance, as it houses all three branches of the federal government, along with numerous international organizations and embassies. Demographically, D.C. is diverse, with about 46% of the population identifying as Black or African American, 37% as White, 11% as Hispanic or Latino, and 4% as Asian. The city also has a sizable foreign-born population, contributing to its rich cultural landscape.
The residents of Washington, D.C., include a mix of government employees, young professionals, students, and diplomats. Many are drawn to the city’s vibrant political scene, educational institutions, and thriving job market. Neighborhoods like Georgetown, Dupont Circle, and Capitol Hill offer a range of living experiences, from historic homes to modern apartments. D.C.’s economy is heavily influenced by government, but it also boasts a growing tech and nonprofit sector, making it a dynamic place for diverse communities.
Nonprofit accounting in Washington, D.C., plays a vital role in supporting the city’s extensive network of charitable organizations, advocacy groups, and international NGOs. Given the city’s status as a center for national and global nonprofits, accounting professionals in D.C. must navigate complex regulations, including IRS requirements for tax-exempt status and the Financial Accounting Standards Board (FASB) rules. Nonprofit accountants are tasked with managing grants, ensuring compliance with donor restrictions, and preparing financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
D.C.’s nonprofit sector is diverse, ranging from small community organizations to large global entities, each requiring specialized financial oversight. Accountants in this field focus on fund accounting, ensuring that restricted and unrestricted funds are properly allocated and tracked. Many nonprofits rely on these professionals to manage federal and private grants, ensuring accurate reporting and compliance. Local accounting firms and consultants in Washington, D.C., provide critical support, helping nonprofits maintain financial transparency, which is essential for building trust with donors, stakeholders, and government agencies.
Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the Washington, D.C. area so they can focus on their mission/programs, rather than their financials. Our clients love our quick response time, fixed fees, and our proactive solutions.
Nonprofit Accounting Firm Washington, D.C. Also Serves Cities Around Washington, D.C.
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