As Your New York City Nonprofit Accountant, We’ll Save You Up to 40% in Admin Costs 

We’ll be your nonprofit’s virtual accounting department (bookkeeping, audit representation, CFO), so you can focus on your mission/programs, rather than your financials. 
Serving the greater New York City area’s 19,354,922 residents and 303,933 businesses spanning from Brooklyn Heights to East Village, Greenwich Village, and beyond for all of your New York City nonprofit accounting needs.
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New York City(1)
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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 New York City 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 New York City Nonprofit Accounting
Services
Do You Need?

What We Do
What DON’T We Do

We’ll replace your nonprofit accounting department

so you can focus on your programs, save up to 40% on your overhead ratio, and secure current and new funding.
Bookkeeping
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



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

Nancy R
Nancy R.



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

Evan Hawkins
Evan Hawkins FACCC



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

Tina C
Tina C.



“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 Mutual Assistance Network



“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 Health Education Council



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

Deborah C.



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

David W
David W.



“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



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

Gary W.

Your Virtual Nonprofit Accounting Department:
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:

What You Get When You Hire Us

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Accurate Cloud-Based Bookkeeping
Monthly Financial Reports
Annual Audit Representation
Budgeting & Forecasting
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

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.
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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!
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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%

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

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

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

Your World-Class New York City Nonprofit Accountant

24 hours

On-Call 24/7/365

Guarantee Icon

No Surprises Guarantee

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Proactive CPAs

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Value-Focused Accounting

Friendly Advisors

30-Day No Fault Agreement

Secure Client Portal

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

Bookkeeper
Tessa Joy De Vera

Tessa Joy De Vera

Bookkeeper
Ilonah Vivas

Ilonah Vivas

Bookkeeper

Let Us Lighten Your Load!

Book a call to discuss your nonprofit’s unique accounting 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 accounting services – it’s often already included in your program funding anyway.
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Nonprofit Accounting Resources

Nonprofit Accounting in Your Area & Beyond

Sacramento, CA


1 (916) 999-5955

Los Angeles, CA


1 (213) 463-8484

San Francisco, CA


1 (415) 358-5353

San Diego, CA


1 (619) 389-3344

New York City, NY


1 (646) 921-6606

Chicago, IL


1 (872) 253-6677

Washington D.C.


1 (771) 220-7155

Boston, MA


1 (857) 678-1661

San Jose, CA


1 (669) 230-0440

Bakersfield, CA


1 (661) 218-1122

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

How much do nonprofit accountants make in New York City?
Nonprofit accountants in New York City typically earn between $60,000 and $85,000 annually, depending on experience, qualifications, and the size of the organization. Senior roles such as accounting managers or directors of finance can earn significantly more, often exceeding $100,000 per year.
How much does it cost to file for a nonprofit organization in New York?
Filing a nonprofit in New York requires a fee of $75 to file the Articles of Incorporation with the New York Department of State. Additional costs may include obtaining federal tax-exempt status with the IRS ($275 or $600, depending on the filing method), legal fees, and other administrative expenses.
Do nonprofits pay property tax in New York?
Nonprofits in New York may be exempt from property taxes if they qualify for tax-exempt status and use the property for charitable, educational, or religious purposes. To obtain this exemption, the nonprofit must apply through the local property tax assessor’s office, providing proof of their tax-exempt status.
Can an LLC be a nonprofit in New York?
In New York, an LLC cannot directly be a nonprofit. Nonprofit organizations must be incorporated under the New York Not-for-Profit Corporation Law. However, an LLC may be used in conjunction with a nonprofit or in a hybrid structure, such as a social enterprise, with a mission-driven focus.
How much do nonprofits get paid in New York State?
Nonprofit salaries in New York State vary based on the position, size, and location of the organization. On average, salaries range from $50,000 to $100,000 for administrative and management roles, with executives earning more. Program staff and support roles typically range between $40,000 and $70,000 annually.

1 Fun & 1 Interesting Fact About New York City, NY

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New York City is a place of superlatives and hidden gems. An interesting fact about the city is that its famous Central Park is not only larger than the entire country of Monaco but also entirely man-made. Spanning 843 acres, this iconic park, completed in 1876, was designed by Frederick Law Olmsted and Calvert Vaux and serves as an urban oasis in the heart of Manhattan. On the fun side, NYC is home to a secret train platform under the Waldorf Astoria hotel, known as Track 61. It was built for President Franklin D. Roosevelt to use during his visits to the city, allowing him to arrive and depart in privacy while also hiding his polio condition from the public. While the platform is no longer in use, it remains a fascinating part of New York’s hidden history. These intriguing layers of both vast public spaces and secret history highlight the city’s ability to surprise and captivate its residents and visitors alike.

New York City Nonprofit Accounting Resources

Nonprofit Accounting Firm New York City

Nonprofit New York

320 E 43rd St 3rd floor
New York, NY
10017

(212) 502-4191

Support Center for Nonprofit Management

32 Old Slip 24th floor
New York, NY
10005

(212) 924-6744

Robin Hood Foundation

826 Broadway, 9th Floor
New York, NY
10003

(212) 227-6601

New York Council of Nonprofits

272 Broadway
Menands, NY
12204

(518) 434-9194

The New York Community Trust

909 3rd Ave
New York, NY
10022

(212) 686-0010

What is the New York State Society of Certified Public Accountants (NYSSCPA)
The New York State Society of Certified Public Accountants (NYSSCPA) is a professional association founded in 1897, dedicated to serving certified public accountants (CPAs) in New York State. It provides education, resources, and advocacy to support its members in maintaining high standards of practice and ethical conduct. NYSSCPA offers networking opportunities, professional development programs, and guidance on regulatory changes. With a mission to advance the profession and promote public trust, the society also engages in community service and public education about financial literacy and the role of CPAs. It represents over 24,000 members across diverse accounting disciplines.
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What is the New York State Board of Public Accountancy?
The New York State Board of Public Accountancy oversees the licensing and practice of certified public accountants (CPAs) in the state of New York. This board ensures that individuals and firms comply with established laws and standards to maintain the integrity of the accounting profession. Its responsibilities include administering examinations, issuing licenses, monitoring continuing professional education, and enforcing ethical practices. The board also handles complaints and disciplinary actions against CPAs to protect public interests. Operating under the New York State Education Department, the board plays a critical role in upholding the quality and reliability of accounting services in the state.

New York City, NY Local Resources

Nonprofit Accountant Firm
New York City

Greater New York Chamber of Commerce

20 W 44th St #4th
New York, NY
10036

(212) 686-7220

New York City Office of Finance

14406 94th Ave
Jamaica, NY
11435

(718) 298-7500

New York City IRS Taxpayer Assistance Center

290 Broadway
New York, NY
10007

(844) 545-5640

New York City Police Department

1 Police Plaza Path
New York, NY
10038

(646) 610-5000

City of New York City

City Hall Park
New York, NY
10007

(212) 639-9675

Top Companies in New York City, NY

JPMorgan Chase & Co.

383 Madison Ave
New York, NY
10017

Citi

388 Greenwich St
New York, NY
10013

(646) 502-4677

Pfizer

66 Hudson Blvd E
New York, NY
10001

(800) 879-3477

Verizon Communications

140 West St
New York, NY
10007

(212) 395-1000

The New York Times Company

242 W 41st St
New York, NY
10036

(212) 556-4317

American Express

World Financial Center, 200 Vesey St
New York, NY
10285

(212) 640-2000

More About Nonprofit Accounting in New York City, New York

New York City, the largest city in the United States, has a population of over 8 million residents. Known for its iconic skyline, cultural landmarks, and financial influence, NYC is one of the most diverse cities in the world. Its population includes a wide range of ethnic backgrounds, with about 32% identifying as White, 29% as Hispanic or Latino, 24% as Black or African American, and 14% as Asian. The city is also home to a large immigrant population, with over 36% of residents being foreign-born, contributing to its rich multicultural environment.

Residents of New York City are spread across five boroughs: Manhattan, Brooklyn, Queens, The Bronx, and Staten Island. Each borough has its own unique character, with Manhattan known for its business and cultural hubs, Brooklyn for its creative and artistic scene, and Queens for its diversity. NYC is a global center for finance, fashion, media, and education, attracting people from all over the world. Its residents enjoy world-class museums, theaters, and restaurants, as well as the fast-paced lifestyle that defines the city. Despite the hustle, neighborhoods maintain a sense of community, with a wide range of housing and lifestyle options.

Nonprofit accounting in New York City is a critical aspect of managing the finances of the city’s vast charitable sector, which includes arts organizations, social services, healthcare institutions, and educational foundations. Given the size and complexity of the nonprofit landscape in NYC, accounting professionals focus on ensuring compliance with federal and state regulations, particularly those governing tax-exempt entities. Key responsibilities include managing restricted funds, preparing financial statements, and conducting audits to ensure transparency and donor accountability.

The diverse range of nonprofits in New York City requires accountants to navigate complex financial reporting standards, including the Generally Accepted Accounting Principles (GAAP) and IRS rules for nonprofits. Many NYC-based accounting firms specialize in nonprofit services, offering expertise in areas such as grant management, tax compliance, and financial planning. This support enables organizations to focus on their missions while maintaining strong financial health, especially in a city where philanthropy plays a crucial role in addressing social, educational, and cultural needs.

Daily Balance offers bookkeeping, audit representation, and CFO services for nonprofit organizations in the New York City 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 New York City Also Serves Cities Around New York City, New York

Yonkers, NY
New Rochelle, NY
White Plains, NY
Mount Vernon, NY
Peekskill, NY
Rye, NY
Port Chester, NY
Tarrytown, NY
Harrison, NY
Ossining, NY
Scarsdale, NY
Mamaroneck, NY
Bronxville, NY
Pelham, NY
Dobbs Ferry, NY
Hastings-on-Hudson, NY
Sleepy Hollow, NY
Larchmont, NY
Eastchester, NY
Tuckahoe, NY
Hartsdale, NY
Elmsford, NY
Ardsley, NY
Irvington, NY
Valhalla, NY
Pleasantville, NY
Chappaqua, NY
Briarcliff Manor, NY
Croton-on-Hudson, NY
Cortlandt, NY

New York City Nonprofit Accounting Firm, in New York City is near The Empire State Building which is close to Williamsburg, Tribeca, and SoHo. Central Park, The Statue of Libery, and The Metropolitan Museum of Art are also nearby.
Other locations we serve:

Your Accurate & Affordable Nonprofit Accountant