As Your Los Angeles Nonprofit Accountant, We’ll Save You Up to 40% in Admin Costs
Are You Frustrated By…
- Being off your mission and programs because you’re sidetracked by admin tasks
- Never being able to catch up on your books
- Looking like a fool in front of your board
- Missing out on funding opportunities because of disorganized financials
We’re the Perfect Los Angeles Nonprofit
Accountant for You, If:
What Los Angeles Nonprofit Accounting
Services Do You Need?
- Internal bookkeeping (including grant fiscal management)
- Audit representation
- CFO advisory
- Nonprofit auditing (we work with your external auditor)
- Tax services
- Short-term consulting
We’ll replace your nonprofit accounting department
CPAs Who Have Mastered Accounting 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 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.”
Your Virtual Nonprofit Accounting Department:
Bookkeeper, Audit Advocate & CFO
Bookkeeper
Real-Time, Precise, & Audit-Ready Financials
- Ensure all transactions are posted to the correct general ledger and cost-center
- Optimize grant spending to obtain full grant awards
- Prepare grant invoices on a monthly/quarterly basis
- Record salaries, payroll taxes, and employee liabilities
Audit Representation
Financial Audits Made Easy
- Prepare detailed audit schedules and workpapers
- Manage all auditor inquiries and requests
- Reconcile discrepancies before audit submission
- Implement adjustments to meet compliance
CFO Advisory
Unmatched Financial Expertise Tailored to Your Needs
- Address cash flow challenges effectively
- Enhance financial stability and growth
- Guide you to the funding you want
- Optimize systems for scalable growth
- Develop a comprehensive long-term financial strategy
What You Get When You Hire Us
In Just 90 Days, You’ll Get:
- An organized and efficient accounting system
- Enhanced internal controls
- Easy-to-use, cutting-edge software to enhance productivity
- Comprehensive ongoing support
- Compelling reports so you can take decisive action
We'll Integrate with Your Accounting Software
6 Reasons You’ll Want to Work With Us
Accurate & Auditable
- We are detail-oriented
- We get the job done no matter what
- We simplify the complex
Quick & Responsive
- We return phone calls promptly
- We are on call for you 24/7/365
- We meet deadlines
No Downtime
You’ll receive one point of contact, but you’ll also have access to our team so that there is never any down time.
We internally cross-train so that even if your contact is out, you’ll always get the quick responses you deserve.
Our name says it all: Daily Balance. We serve our clients daily so they never have to worry about key person risk again.
- Dedicated accounting manager, plus team interaction
- 24/7/365 access to your financial data
- Updated in real time
- High-tech tools to streamline your processes
Save Up to 40%
By outsourcing your accounting department to Daily Balance, you can save up to 40% on your accounting costs, while getting better expertise, service, and value. In-housing a full-time data entry person, bookkeeper, and an accountant means you’ll have to pay their salaries, payroll taxes, benefits, 401-K contributions, insurance, paid time off, workman’s comp insurance, training and administration expenses, and overhead costs (space, equipment, etc).
By hiring us, you’ll simply pay a flat monthly fee, which is often already included in your program funding anyway.
- Flat monthly fee
- Included in your program funding
Financial Audit Representation
As your advocate, we handle your annual financial audits and will answer ALL of the hundreds of questions the auditor will have on your behalf. You’ll be happy to know that you most likely won’t even need to be part of the process.
You can stop feeling anxious and rest assured because we’ll make sure there are no surprises when your audit comes around.
- Stress-free audits
- No surprises
Increase Your Funding
As a non-profit, the backbone of your organization is funding, and that only comes as a result of accurate and meticulous books.
You no longer have to endure missed grant opportunities because you fail to have all the financials in place.
Your funders will be so happy to receive your accurate and unquestionable financials, and so will your future funders, because as your CFO adviser, we’ll guide and advise you on how to diversify with new funding.
- Clean financials on-time to your funding sources
- Guidance on funding diversification
Plus, You’ll Be Able To…
- Spend less time worrying about money
- Be of real service to your constituents
- Run your organization more efficiently and effectively
- Make smarter organizational decisions
- Be highly respected by funding sources
- Look good in front of your board
- Realize your organization’s full potential!
Loved by Auditing Firms
“Because of Daily Balance’s efforts we are able to perform our audits, reviews and 990 tax filings with the highest level of efficiency.”
Steven Nicolson
Independent Nonprofit Auditor
Your World-Class Los Angeles Nonprofit Accountant
On-Call 24/7/365
No Surprises Guarantee
Proactive CPAs
Value-Focused Accounting
30-Day No Fault Agreement
Cloud-Based & Real-Time
Meet Your Nonprofit Accounting Team
Syd Highley
Amy Fryatt
Julie Asuncion
Norie Fabian
Tessa Joy De Vera
Ilonah Vivas
Let Us Lighten Your Load!
Book a call to discuss your nonprofit’s unique bookkeeping needs so we can provide you with actionable recommendations that will help you take control of your financials and make a bigger difference.
Fixed Fee
No Surprises
Guarantee
We believe in full transparency and respect, which is why we offer a fixed fee for our nonprofit bookkeeping services – it’s often already included in your program funding anyway.
Nonprofit Bookkeeping Resources
Nonprofit Accounting in Your Area & Beyond
111 N Canal St ste 900 Floor 5 Room 7
Chicago, IL
60606
1 (872) 253-6677
Los Angeles Nonprofit Accountant
360 N Pacific Coast Hwy Suite 2000 Floor 3
El Segundo, CA
90245
1 (213) 463-8484
Sacramento Nonprofit Accountant
3835 N Freeway Blvd
Floor 1 Unit 11
Sacramento, CA
95834
1 (916) 999-5955
Your Next Steps
FAQs
Fun Fact About Los Angeles!
Los Angeles Nonprofit Accounting Resources
Center For Nonprofit Management – Southern California
1000 N Alameda St #250
Los Angeles, CA
90012
(213) 266-8484
Los Angeles County Department of Consumer and Business Affairs
320 W Temple St Room G-10
Los Angeles, CA
90012
(213) 974-1452
Los Angeles, CA Local Resources
Los Angeles IRS Taxpayer Assistance Center
300 N Los Angeles St Room 1259
Los Angeles, CA
90012
1 844-545-5640
Top Companies in Los Angeles, CA
3640 Holdrege Ave
Los Angeles, CA
90016
More About Nonprofit Accounting in Los Angeles, California
Los Angeles, the largest city in California, is home to nearly 4 million people and is known for its vast size, cultural diversity, and global influence in entertainment. As the center of the U.S. film and television industry, the city attracts talent from all over the world, contributing to its reputation as a creative and cultural hub. Los Angeles also has a diverse economy, with strong sectors in technology, trade, fashion, and tourism. With its sprawling neighborhoods, LA offers a mix of urban, suburban, and beachside living, making it a dynamic place to live.
The demographics of Los Angeles reflect its rich cultural diversity, with around 50% of the population identifying as Hispanic or Latino, 30% as White, 15% as Asian, and 9% as African American. The city is a global melting pot, with communities from nearly every corner of the world contributing to its vibrant cultural landscape. Residents enjoy a wide array of cuisines, cultural festivals, and entertainment options, reflecting the city’s multiculturalism. While Los Angeles is known for its glamour and entertainment, it also faces challenges such as traffic congestion and housing affordability, but it remains a city full of opportunity and innovation.
Nonprofit accounting in Los Angeles is vital to the success of the city’s large and varied nonprofit sector. With organizations addressing issues such as homelessness, education, healthcare, and the arts, skilled accountants are essential for maintaining financial transparency and compliance. Nonprofit accountants in LA manage a range of responsibilities, including tracking donations, overseeing grant compliance, and ensuring accurate financial reporting to uphold tax-exempt status. Given the high cost of living and the scope of social issues in Los Angeles, many nonprofits face financial challenges, making proper accounting practices critical to their sustainability and effectiveness.
Los Angeles’ diverse nonprofit landscape reflects the city’s multicultural population and philanthropic spirit. Many organizations receive funding from a combination of government grants, corporate sponsorships, and private donors, requiring accountants to navigate complex financial structures. With a strong presence of arts and cultural nonprofits, as well as organizations addressing pressing social issues, nonprofit accountants in LA play a key role in helping these groups allocate their resources effectively and comply with both state and federal regulations. As Los Angeles continues to grow, so does the need for experienced nonprofit accountants who can support these organizations in maximizing their impact on the community.
Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the Los Angeles 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 Los Angeles Also Serves Cities Around Los Angeles, California
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