More of your budget on the mission
Embrace for Nonprofits
Nonprofits answer to boards, funders, auditors, and the communities they serve, usually with lean teams and restricted dollars that have to be tracked to the penny. Embrace gives mission-driven organizations a complete, fund-accounting-fluent finance function: clean books, grant compliance, audit-ready reporting, and the CFO-level perspective to steward every dollar with confidence. You stay focused on impact; we make sure the numbers behind it hold up to any level of scrutiny.
Fund and Grant Accounting
Fund Accounting and Net Asset Tracking: Restricted versus unrestricted tracking, release schedules, and net asset roll-forwards that keep every funder’s dollars where they belong.
Grant Compliance and Reporting: Budget-to-actual by grant, drawdown schedules, and funder-ready reports, so renewals and reimbursements never stall.
Cost Allocation and Indirect Rates: Functional expense allocation and indirect cost rate development that stand up to federal and foundation review.
Revenue Recognition: Proper treatment of contributions, pledges, grants, and exchange transactions under current nonprofit standards.
Compliance and Governance
Form 990 and 990-EZ Preparation: Accurate, on-time filings that double as a public-facing statement of your stewardship.
Audit Preparation and Auditor Liaison: Workpapers, schedules, and Single Audit and Uniform Guidance readiness, so audit season is a process, not a fire drill.
Board and Finance Committee Reporting: Clear, consistent board packages that give your directors confidence and satisfy their fiduciary duty.
State Charitable Registration: Initial registration and annual renewal maintenance across the states where you solicit.
Strategic Finance
Fractional Nonprofit CFO: Senior financial leadership for budgeting, scenario planning, and board strategy, without a full-time executive salary.
Budgeting and Cash Flow Forecasting: Annual and multi-year budgets plus cash runway visibility, so timing surprises do not threaten programs.
Reserve and Sustainability Planning: Operating reserve targets and sustainability modeling that move you from month to month to mission secure.
Program and Functional Expense Analysis: True cost-of-program insight that strengthens grant proposals and sharpens leadership decisions.
“Real-time financial visibility has completely transformed how we operate as a nonprofit. Moving away from guesswork and delayed estimates means our leadership team can make confident, data-driven decisions on the spot. Partnering with Embrace enabled us to modernize our entire financial approach and operate with complete clarity.”