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With Our Los Angeles Nonprofit CFO Services, You Can Take Decisive Action & Grow Your Net Assets 

When you choose us as your nonprofit accountant, you also receive our CFO advisory services.
Serving the greater Los Angeles area’s 12,815,475 residents and 200,770 businesses spanning from Redondo Beach to Beverly Hills, Torrance, and beyond for all of your Los Angeles nonprofit accounting needs.
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Los Angeles Nonprofit CFO Services
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Case Study

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

We’re the Los Angeles Nonprofit CFO
for You, If You Want:

Expert Guidance
Expert Guidance
We have a plethora of growth strategies up our sleeves, from grants and fundraising to tax strategies, and more.
Proactive Solutions
Proactive Solutions
Our nonprofit CFO services are forward-thinking, providing predictive data and strategies before issues arise.
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Funding Support
As your nonprofit CFO, we are here to help you spread the risk by pointing you in the direction of new funders.
A Financial Team
A Financial Team
We are your quarterback for building your financial team. You can skip the search and come to us first.
«Spend less than you would on an in-house accounting department while getting the peace of mind that comes from having a nonprofit CFO supporting you.»
New Project

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.

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
Syd Sign Syd Highley, CPA | Daily Balance Managing Principal

What Our Los Angeles Nonprofit CFO Services
Can Do For You:

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

Financial Planning & Strategy
Financial Planning & Strategy
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Financial Reporting & Compliance
Grant & Fund Management
Grant & Fund Management
Risk & Efficiency Management
Risk & Efficiency Management

Meet Your Los Angeles Nonprofit CFO 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 1

Ilonah Vivas

Bookkeeper

We'll Integrate with Your Accounting Software

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 CFO Services in Los Angeles & Beyond

Nonprofit Accounting Resources

FAQs

What qualifications should a nonprofit accountant in Los Angeles have?
A nonprofit accountant in Los Angeles should have experience with nonprofit-specific financial needs, including fund accounting, IRS Form 990 filings, and familiarity with California’s specific regulations for tax-exempt organizations. This ensures compliance and effective financial management​.
How do nonprofit accountants help with grant management?
Nonprofit accountants manage grants by ensuring funds are tracked and allocated according to donor restrictions. They also prepare reports and help with compliance to meet funder requirements, which is crucial for maintaining future funding​.
What tax-related issues do Los Angeles nonprofits face?
Nonprofits in Los Angeles must handle issues like Unrelated Business Income (UBI) and state tax compliance. A nonprofit accountant helps identify taxable income and ensures proper filing to avoid penalties while maintaining the organization’s tax-exempt status​.
What financial reports do nonprofit accountants prepare?
Nonprofit accountants prepare essential reports such as the Statement of Financial Position, Statement of Activities, and functional expense allocations. These reports are vital for transparency and fulfilling donor and regulatory obligations​.
How do nonprofit accountants assist with budgeting?
Accountants help create comprehensive budgets that align with the nonprofit’s goals and ensure sustainability. This includes managing operating budgets, forecasting revenues, and tracking both restricted and unrestricted funds.

Fun Fact About Los Angeles!

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Los Angeles, known as the “City of Angels,” is famous for its entertainment industry, but a lesser-known fact is its vast number of museums. Boasting more museums per capita than any other city in the world, Los Angeles offers a diverse range of cultural experiences. From the renowned Getty Center and Los Angeles County Museum of Art to niche collections like the Museum of Neon Art, this city is a treasure trove for art, history, and science enthusiasts. This abundance of museums highlights L.A.’s rich cultural diversity and commitment to the arts, making it a haven for art lovers and curious minds alike.

Los Angeles Nonprofit Accounting Resources

Southern California Grantmakers (SCG)

1000 Alameda St # 230
Los Angeles, CA
90012

(213) 680-8866

Nonprofit Finance Fund

800 South Figueroa Street, Suite 1000
Los Angeles, CA
90017

(213) 623-7001

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

California Nonprofits Association

870 Market St #609
San Francisco, CA
94102

(800) 776-4226

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.

Los Angeles, CA Local Resources

Los Angeles Chamber of Commerce

350 S Bixel St
Los Angeles, CA
90017

(213) 580-750

Los Angeles Office of Finance

212 N Spring St
Los Angeles, CA
90012

(213) 473-5901

Los Angeles IRS Taxpayer Assistance Center

300 N Los Angeles St Room 1259
Los Angeles, CA
90012

1 844-545-5640

Los Angeles Police Department

100 W 1st St
Los Angeles, CA
90012

(213) 486-100

City of Los Angeles

200 N Spring St
Los Angeles, CA
90012

(213) 473-3231

Top Companies in Los Angeles, CA

Google

340 Main St
Los Angeles, CA
90291 

(310) 310-6000

Adobe

3640 Holdrege Ave
Los Angeles, CA
90016

NBCUniversal

10 Universal City Plaza
Universal City, CA
91608

(818) 777-1000

AECOM

1999 Avenue of the Stars #2600
Los Angeles, CA
90067 

(213) 593-8100

Blackline

21300 Victory Blvd
Woodland Hills, CA
91367

(818) 223-9008

Attn

5700 Wilshire Blvd Suite 375
Los Angeles, CA
90036

(323) 413-2878

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

Glendale, CA
Burbank, CA
Pasadena, CA
Santa Monica, CA
Beverly Hills, CA
West Hollywood, CA
Culver City, CA
Inglewood, CA
Hawthorne, CA
El Segundo, CA
Manhattan Beach, CA
Redondo Beach, CA
Hermosa Beach, CA
Torrance, CA
Compton, CA
Carson, CA
Long Beach, CA
Downey, CA
Bellflower, CA
Norwalk, CA
Huntington Park, CA
South Gate, CA
Lynwood, CA
Monterey Park, CA
Alhambra, CA
San Gabriel, CA
Rosemead, CA
Montebello, CA
Whittier, CA
La Mirada, CA

Los Angeles Nonprofit Accounting Firm, in Los Angeles is near The Hollywood Sign which is close to West Lost Angeles, Venice, and Van Nuys. Walt Disney Concert Hall, TCL Chinese Theatre, and Universal CityWalk Hollywood are also nearby.
Other locations we serve: