Capitalize on Nonprofit Grant Opportunities

Our team of experts will navigate the requirements of the granting party and determine how your organization can meet the criteria.

Effective Proposal and Request for Proposal (RFP) Analysis

effective proposal

Organize an operating budget that clearly defines all expenses and funding items.

Timely Project Management

timely project

Asses in real-time if your project/initiative can stay within the allotted budget.

Dedicated Compliance Efforts

complinance efforts

Ensure that all financial activities remain in the scope of the granting party’s requirements and regulations.

Never Miss Out on Nonprofit Grants

  • Are your RFPs often declined, even though your initiative is the perfect fit?
  • Do you struggle to handle new developments to your projects, such as hiring new staff, additional marketing expenses, etc.?
  • Can you satisfy all grant accounting requirements such as tracking, revenue recognition, and reporting?
  • Do you need expert help in keeping up with the complexities and requirements of grant accounting compliance?
  • Do you have the right grant accounting software that provides financial outcomes of your grant-funded projects?

Win the grant funding you need with Lescault and Walderman.

Effective grant financial management starts with a grant accounting system that can operate efficiently, accurately, and ethically. From pre-grant analysis to yearly follow-ups, you must account for every dollar before your organization can receive the funding it needs.

We have helped other nonprofits receive the funding they need.

Nonprofit grant management is a cycle: from RFP drafting, to project execution, to audit review, to reapplication, and rinse and repeat. To receive the funding you need, your leadership team must comprehend every aspect of the cycle and ensure that your internal processes can stay up to speed.

At Lescault and Walderman, our grant accounting services will evaluate your organization’s position in every aspect of the grant funding cycle. Our team combines decades of accounting knowledge and nonprofit expertise to deliver a unique solution to your business.

We will help you implement a nonprofit grant accounting software that will automate the entire budget and projection process so that you are confident in your organization’s financial situation.

We recognize the importance of a detailed budget when creating your proposals for grant funding. Corporations, state, and federal government branches have particular criteria when evaluating proposals, and your budget must follow strict guidelines in to be considered. If you are unaware of these standards, you may miss out on an opportunity, even though your project perfectly fits the grant description.

At times, your projects or initiatives may stray away from budgetary confinements. Our team can help you realign your budgeting strategy in the event of unexpected expenses or unrealized funding.

If you do receive funding, communication with your grant partner will be critical to secure more funding in the future. Your accounting team must stay on top of new developments or issues so that all necessary information can be presented to your partner upon request.

We value your service to the community and believe in your mission. Do not let grant accounting mistakes stand in the way of the funding you need.

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When you don’t maintain an effective nonprofit accounting system it can cost way more than it saves. You risk legal consequences. Worse, you risk the loss of donor trust.

It doesn’t have to be this way.

Here's how to get started:

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1. Schedule a No-Obligation Call

Your time is valuable, and we don’t want to waste it. Let’s schedule a discovery meeting so we can discuss your needs and confirm there’s a fit.

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2. Receive Your Accounting Review

We'll review your accounting documents, then provide you with a customized report that includes our findings and our recommendations for moving forward.

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3. Attend Review Meeting

We'll host up to a 2 hour meeting to review our findings and recommendations, answer any further questions and outline how we'll work together.

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4. Review Your Proposal

Working from our review, we’ll provide clear and actionable recommendations for improvement related to your particular processes, software, and systems.

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5. Engage Us For Your Needs

If you approve of our recommendations, you’ll sign an engagement letter and we’ll start work!

Download our free guide to help grow your business:

A Beginner's Guide to Grant Accounting

Frequently Asked Questions

Grant accounting for nonprofit organizations (NPOs) is particularly challenging and is best left to industry experts. They'll deliver reports that contain key metrics to gauge the nonprofit's financial status regarding grant-funded activities. Metrics include:

  • Nonprofit grant accounting tracks revenue and related expenses to determine if grant money is allocated and used appropriately.
  • Grant management systems ensure all transactions and financial activities (deliverables and milestones) comply with state and federal regulations.
  • Accounting for government grants must demonstrate the performance of funded initiatives to determine if the money is being optimally used.
  • Grants management software for nonprofits generates accurate reports regarding fund receivables and reimbursements. Reports are delivered timeously to maintain effective grant management and accountability.

(Read more about the importance of grant accounting for NPOs)

Nonprofit grant accounting metrics are essential to demonstrate that funds are being used to best effect in the correct channels. 

NPOs can't afford unnecessary expenses when cost-saving options are available; for example, outsourcing nonprofit grant accounting. Outsourcing financial services, like accounting for government grants, solves major challenges, including:

  • Access to financial experts specializing in NPO grant accounting ensures funds are used according to grant requirements.
  • Funds are directed away from recruitment and costly grant management systems to drive grant-specific activities forward.
  • Outsourcing grant accounting shifts the burden of compliance to professionals. They ensure compliance and reduce the risk of penalties.
  • Grants management software for nonprofits is a tool to help specialists handle the particulars of NPO grant accounting, monitoring, and reporting. NPOs then have the time and resources to refocus on their core programs and improve service delivery.

(Read more on the importance of internal controls on NPO accounting.)

NPOs face enough difficulties without having to deal with nonprofit grant accounting challenges. Outsourcing grant management enables NPOs to pour their energy into their essential services.

Accounting for government grants needn't be a burden for NPOs. Simply outsource nonprofit grant accounting and enjoy a host of benefits.

  • Specialists manage all aspects of grant accounting and regulatory compliance.
  • Professionals use grant management software for nonprofits to ensure financial reports are accurate and funds are used as agreed.
  • In-house staff aren't burdened with grant accounting management and reporting. They can focus on core programs and other mission-critical activities.
  • Grant management systems ensure revenue tracking, expenses, and industry compliance are well-managed and on deadline.
  • Outsourcing NPO accounting is a flexible solution that can be adjusted to suit the NPO's current needs.

(Read about the metrics that keep you updated about the Key Metrics To Track For Nonprofit Financial Health.) 

Outsourcing nonprofit grant accounting enables organizations to stop worrying about the accuracy and compliance of financial reports. Instead, they can focus on the programs that support their core mission.