As Your Riverside Nonprofit Accountant, We’ll Save You Up To 40% in Admin Costs 

Through our nonprofit bookkeeping, audit representation, and CFO services, we’ll take care of your finances, so you can focus on your mission/programs.
Serving the greater Riverside area’s 317,000 residents and over 13,000 businesses, spanning from Downtown Riverside to Orangecrest, La Sierra, and beyond for all of your Riverside nonprofit accounting needs.
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National Council Of Nonprofits
Riverside Nonprofit Accountant
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Case Study

CASE STUDY: How We Helped a Nonprofit Organization Grow from $40K to $2.2M

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 Riverside Nonprofit
Accountant
for You, If:

Your Books Are a Mess
Your Books Are a Mess
Does it feel like your books have turned into a dragon you can’t tame? If you’re feeling overwhelmed and you’re tired of inaccurate and incomplete records, we’re here to release the stress.
You Lost Your Bookkeeper
You Lost Your Bookkeeper
We remove your “key person risk” so you don’t have to start all over with someone new when retirement or other life changes occur. We’ll hop right in and even improve your financial systems.
You Are a New ED
You Are a New ED 
As a nonprofit Founder, Executive Director, or CEO, you probably have a vision of how things should run. We’ll take care of your books, so you can focus solely on your mission and programs. 

What Riverside Nonprofit Accounting
Services
Do You Need?

What We Do
What DON’T We Do

We’ll handle your books, save up to 40% on your overhead ratio, and secure current and new funding

So you can focus on your programs.

Bookkeeping
Audit-Representation
CFO-Advisory

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
Syd Sign Syd Highley, CPA | Daily Balance Managing Principal

Trusted by Nonprofits

google rating 5 star rating

“In addition to cutting costs for accounting, Daily Balance has been most responsive to our needs. ”

Nancy R
Nancy R.

google rating 5 star rating

“Their ability to step in, respond quickly to needs, and offer cost-saving solutions has been an incredible asset.”

Evan Hawkins
Evan Hawkins FACCC

google rating 5 star rating

“Daily Balance has moved us beyond a tiny little non-profit to a thriving business!”

Tina C
Tina C.

google rating 5 star rating

“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.”

Basir Azizi
Basir Azizi Mutual Assistance Network

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“Daily Balance's team of experts have a huge heart for non profits and the essential services they bring to enrich our communities.”

Debra Oto-Kent
Debra Oto-Kent Health Education Council

google rating 5 star rating

“The knowledge that Daily Balance provides enables me to make better decisions in my business.”

Deborah C
Deborah C.

google rating 5 star rating

“Using Daily Balance bookkeeping and tax services does not cost you; it saves you stress, time and money.”

David W
David W.

google rating 5 star rating

“Syd and his team discuss solutions with us and provide solid options to consider as we are making business decisions.”

Tracey Schaal
Tracey Schaal Community Strong Strategies

google rating 5 star rating

“Not being distracted by accounting issues, I can focus on increasing sales and market penetration.”

Gary W
Gary W.

Everything You Need for Financial Success:
Bookkeeper, Audit Advocate & CFO

Bookkeeper

Real-Time, Precise, & Audit-Ready Financials

Your dedicated accounting associate will gain a thorough understanding of your organization to ensure precise bookkeeping. Then we’ll:
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Audit Representation

Financial Audits Made Easy

We’ll represent you in your annual financial audit, answering ALL financial questions the auditor has on your behalf. We strive for zero audit adjustments, and in the rare case when they happen, we’ll handle them for you. We’ll:
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CFO Advisory

Unmatched Financial Expertise Tailored to Your Needs

In addition to your dedicated accounting associate, you’ll have access to our CPAs for ongoing guidance and proactive solutions to:
CFO Advisory

What You Get When You Hire Us

Group 85
Accurate Cloud-Based Bookkeeping
Monthly Financial Reports
Monthly Financial Reports
Annual Audit Representation
Annual Audit Representation
Budgeting & Forecasting
Budgeting & Forecasting
Virtual CFO Advisory

Virtual CFO
Advisory

In Just 90 Days, You’ll Get:

We'll Integrate with Your Accounting Software

6 Reasons You’ll Want to Work With Us 

Accurate & Auditable

Accurate & Auditable

Non-profit accounting is difficult. In fact, many CPAs fail to even understand it, and most accountants steer clear of it. At Daily Balance, it’s all we do and quality-consistency is our specialty. Because of that, you can rest assured that your books will be accurate and auditable.
Quick & Responsive

Quick & Responsive

We are just as responsive as an in-house bookkeeper would be, but we go a step further. Because we know the non-profit industry so well, we’ll stay on top of it all so you can focus on people and your mission. We provide rapid communication through Microsoft Teams so it’s like we’re working right next to you. In most cases, you can expect a reply within seconds!
No Downtime

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.

Save Up to 40_

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.

Financial Audit Representation

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.

Increase Your Funding

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.

Plus, You’ll Be Able To…

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.”

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Steven Nicolson
Independent Nonprofit Auditor

Steven Nicolson

Your World-Class Riverside 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

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Syd Highley

Managing Principal, CPA
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Amy Fryatt

Director of Operations
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Julie Asuncion

Accounting Manager
Norie Fabian

Norie Fabian

Bookkeeper
Tessa Joy De Vera

Tessa Joy De Vera

Bookkeeper
Ilonah Vivas 1

Ilonah Vivas

Bookkeeper
Let Us Lighten Your Load

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.

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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.

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Nonprofit Bookkeeping Resources

Nonprofit Accounting in Your Area & Beyond

Anaheim CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

G-Map

1 (213) 463-8484

Bakersfield Nonprofit Accountant

5630 District Blvd 102 Suite 202
Bakersfield, CA 93313

G-Map

1 (661) 218-1122

Boston Nonprofit Accountant

85 Merrimac St
#302
Boston, MA 02114

G-Map

1 (857) 678-1661

Chicago Nonprofit Accountant

111 N Canal St
ste 900 Floor 5 Room 7
Chicago, IL 60606

G-Map

1 (872) 253-6677

Eugene OR Nonprofit Accountant

Eugene, OR

 

G-Map

1 (213) 463-8484

Fresno CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

G-Map

1 (213) 463-8484

Houston Nonprofit Accountant

Houston, TX

 

G-Map

1 (346) 699-5533

Irvine CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 9024

G-Map

1 (213) 463-8484

Long Beach CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

G-Map

1 (213) 463-8484

Los Angeles Nonprofit Accountant

360 N Pacific Coast Hwy Suite 2000 Floor 3
El Segundo, CA 90245

G-Map

1 (213) 463-8484

Minneapolis Nonprofit Accountant

Minneapolis, MN

 

G-Map

1 (763) 373-5599

New York City Nonprofit Accountant

20 Jay St
Floor 2 Suite 3
Brooklyn, NY 11201

G-Map

1 (646) 921-6606

Oakland CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

G-Map

1 (213) 463-8484

Philadelphia Nonprofit Accountant

Philadelphia, PA

 

G-Map

1 (267) 732-3355

Riverside CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

G-Map

1 (213) 463-8484

Sacramento Nonprofit Accountant

3835 N Freeway Blvd
Floor 1 Unit 11
Sacramento, CA 95834

G-Map

1 (916) 999-5955

Salem OR Nonprofit Accountant

Salem, OR

 

G-Map

1 (213) 463-8484

San Diego Nonprofit Accountant

550 W B St
3rd Floor
San Diego, CA 92101

G-Map

1 (619) 389-3344

San Francisco Nonprofit Accountant

1 Hallidie Plaza
Suite 404
San Francisco, CA 94102

G-Map

1 (415) 358-5353

San Jose Nonprofit Accountant

S Bascom Ave
#399-B
San Jose, CA 95128

G-Map

1 (669) 230-0440

Seattle Nonprofit Accountant

Seattle, WA

 

G-Map

1 (564) 234-4422

St. Louis Nonprofit Accountant

St. Louis, MO

 

G-Map

1 (314) 916-4411

Stockton CA Nonprofit Accountant

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 9024

G-Map

1 (213) 463-8484

Washington DC Nonprofit Accountant

1140 3rd St NE
Floor 5 Room 7
Washington, DC 20002

G-Map

1 (771) 220-7155

Your Next Steps

Book a Free Consult
Book a call to discuss your nonprofit’s unique accounting needs. We’ll provide you with actionable recommendations that will help you take control of your financials and make a bigger difference.
CASE STUDY: How We Helped a Nonprofit Organization Grow from $40K to $2.2M
See how one nonprofit grew their organization and transitioned to a new executive director without a hitch with the help of our nonprofit accounting firm.

FAQs

Are there specific tax exemptions nonprofits can apply for in Riverside, CA?
Yes. Nonprofits in Riverside can apply for property tax exemptions through the Riverside County Assessor’s Office and sales tax exemptions via the California Department of Tax and Fee Administration. To qualify, they must maintain 501(c)(3) status and use the property exclusively for exempt purposes.
How do Riverside-based nonprofits register with the state of California?
Nonprofits in Riverside must register with the California Secretary of State by filing Articles of Incorporation. Afterward, they must register with the California Attorney General’s Registry of Charitable Trusts and apply for tax-exempt status with the IRS and California Franchise Tax Board.
What accounting method should Riverside nonprofits use?
Most nonprofits in Riverside use accrual accounting to comply with Generally Accepted Accounting Principles (GAAP). This method provides a clearer financial picture by recognizing income when earned and expenses when incurred, making it ideal for grant reporting and budgeting.
Do Riverside nonprofits need an annual audit?
Not all nonprofits require an audit. However, California nonprofits that receive more than $2 million in gross revenue (excluding government grants) must undergo an independent financial audit. Grant funders or local agencies in Riverside may also request audits as part of their funding criteria.
How can nonprofit accounting help with grant compliance in Riverside?
Proper accounting ensures accurate grant tracking, which is critical for reporting to funders like the City of Riverside or county agencies. Detailed documentation of expenses aligned with budget categories helps nonprofits remain compliant and improves chances for future funding.
What are the IRS Form 990 filing requirements for Riverside nonprofits?
All tax-exempt organizations in Riverside must file a version of IRS Form 990 annually. The specific version depends on the nonprofit’s gross receipts. Accurate financial records and categorization of program vs. administrative expenses are crucial for proper filing and transparency.
Do local Riverside nonprofits need insurance for financial operations?
Yes. Directors and Officers (D&O) insurance, liability coverage, and sometimes fidelity bonds are recommended for Riverside nonprofits to protect against financial mismanagement or fraud. Many local grant providers even require proof of insurance as part of funding eligibility.

1 Fun & 1 Interesting Fact About Riverside

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Riverside’s legacy as the birthplace of California’s citrus industry began with the planting of the state’s first navel orange trees in the 1870s. This agricultural milestone ignited a citrus empire and transformed Southern California’s economy. Adding to its historic charm, Riverside is also home to the iconic Mission Inn Hotel & Spa, the largest Mission Revival-style building in the U.S., renowned for hosting presidents and its dazzling Festival of Lights that draws visitors from across the country.

Riverside Nonprofit Accounting Resources

Nonprofit Accounting Firm Riverside

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

(213) 463-8484

Inland Empire Community Collaborative

7899 Mission Grove Pkwy.
Suite #A
Riverside, CA 92508

(909) 316-7679

Center for Nonprofit Management

1000 N. Alameda Street
Suite 250
Los Angeles, CA 90012

(213) 266-8488

Community Action Partnership

 
2038 Iowa Ave.
Suite B-101
Riverside, CA 92507

951-955-4900

CalNonprofits (California Association of Nonprofits)

San Francisco 870
Market Street, Suite 609
San Francisco, CA 94102

(800) 776-4226

SCORE – Inland Empire
Chapter

3985 University Ave.
Riverside, CA 92501

 
(951) 652-4390

What is the California Society of CPAs?
The California Society of CPAs (CalCPA) is a professional organization representing over 45,000 certified public accountants in California. Established in 1909, CalCPA aims to enhance the integrity of the accounting profession by providing members with resources, education, and advocacy. The organization offers continuing professional education (CPE), networking opportunities, and technical support. CalCPA also engages in legislative efforts to influence policies affecting the accounting industry. It strives to maintain high ethical standards and promote the value of CPAs to the public and business community.
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What is the California Board of Accountancy (CBA)?
The California Board of Accountancy (CBA) is a state regulatory agency under the Department of Consumer Affairs. It oversees the licensing and regulation of Certified Public Accountants (CPAs) in California. Established to protect consumers, the CBA ensures that applicants meet rigorous educational and professional standards before granting CPA licenses. It enforces ethical conduct, investigates complaints, and takes disciplinary actions against violators. The CBA also sets continuing education requirements to maintain high professional standards, thereby safeguarding the integrity and competence of the accounting profession in the state.

Riverside, CA Local Resources

Nonprofit Accountant Firm Riverside

360 N Pacific Coast Hwy
Suite 2000 Floor 3
El Segundo, CA 90245

(213) 463-8484

Riverside Chamber of Commerce

972 Columbia Ave
Riverside, CA 92507

 
(951)328-1010

Riverside Office of Finance

3900 Main St.
Riverside, CA 92522

 
(951) 826-5454

Riverside IRS Taxpayer Assistance Center

1040 Iowa Ave.
Riverside, CA 92507

(800) 829-4477

Riverside Police Department

4102 Orange St.
Riverside, CA 92501

(951) 826-5700

City of Riverside

3900 Main St.
Riverside, CA 92522

(951) 826-5734

Top Companies in Riverside, CA

SolarMax Technology, Inc.

3080 12th Street
Riverside, CA 92507

(951) 221-8172

Parkview Community Hospital Medical Center

3865 Jackson St,
Riverside, CA 92503

(951) 688-2211

Bourns, Inc.

1200 Columbia Ave.
Riverside, CA 92507-2129

1-877-426-8767

Fleetwood Enterprises, Inc.

3125 Myers St
Riverside, CA 92523

800-322-8216

K&N Engineering

1455 Citrus Street.
Riverside, CA 92502

800-858-3333

Collins Aerospace Systems

8200 Arlington Ave.
Riverside, CA 92503

1-860-654-2500

More About Nonprofit Accounting in Riverside, California

Riverside, CA, is a vibrant and diverse inland city with approximately 318,900 residents (est. July 2023), making it the 12th‑largest in California and a key hub in the Inland Empire. With a median age around 33, its population is nearly evenly split by gender and notably multicultural: 54–55% Hispanic or Latino, ~27% White (non‑Hispanic), ~8% Asian, and ~6% Black.

About 22% of residents are foreign‑born, and nearly half speak a non‑English language at home. The city’s economic profile shows a median household income of ~$88–83 K, per‑capita income of ~$31–35 K, and a 12–13% poverty rate. Riverside blends suburban charm and cultural richness, with a youthful population (thanks to local universities) and strong Hispanic heritage shaping its character and community life.

Nonprofit accounting in Riverside, CA, is essential for maintaining transparency, compliance, and long-term sustainability across the region’s mission-driven organizations. With many local nonprofits focused on health, housing, and education, proper financial management ensures accurate tracking of restricted and unrestricted funds, supports grant compliance, and builds donor confidence. Fund accounting and IRS Form 990 filings are standard requirements, and organizations with higher revenues may also need independent audits.

Riverside offers valuable local resources such as the Inland Empire Community Foundation, the Riverside Main Library’s Nonprofit Resource Center, and the County Office of Economic Development to support these needs. These organizations provide access to training, grant tools, and financial guidance tailored to California’s nonprofit regulations. Many nonprofits also rely on specialized accounting professionals who help with budgeting, payroll, and reporting, allowing them to focus on delivering services while maintaining financial health and compliance.

Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the Riverside 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 Riverside Also Serves Cities Around Riverside, California

Moreno Valley, CA
Corona, CA
San Bernardino, CA
Fontana, CA
Norco, CA
Redlands, CA
Perris, CA
Ontario, CA
Rancho Cucamonga, CA
Colton, CA
Jurupa Valley, CA
Chino, CA
Lake Elsinore, CA
Loma Linda, CA
Beaumont, CA
Yucaipa, CA
Highland, CA
Eastvale, CA
Temecula, CA
Murrieta, CA
Banning, CA
Bloomington, CA
Grand Terrace, CA
Hemet, CA
Menifee, CA
Upland, CA
Chino Hills, CA
Wildomar, CA
Claremont, CA
La Verne, CA

Daily Balance, in Riverside, is near the Mission Inn, which is close to Woodcrest, Mead Valley, Nuevo, and Good Hope. Peace Tower, Harada House, and the Riverside Heritage House are also nearby.
Other locations we serve: