NFP Partners serves nonprofits and special governmental organizations from small-to-mid-size ($500,000 to $50,000,000) located in all parts of the USA with some concentration in Colorado, as that’s where our business started, where we are headquartered and most of our team reside. The main criteria for becoming an NFP Partners’ client is a recognized need for more effective and efficient financial management, a commitment to improvement, and at least initial financial sustainability.
Our clients range across all major services that nonprofit and governmental organizations provide. Over several years of experience, we can categorize our clients into three different groups or personas generally related to the growth-stage but not totally. These are developmental, growth, and chaotic or unstable. Click below to learn about these personas, some of the major service areas of our clients, and to read their stories.
Nonprofits that are in a development phase, moving up from a successful early startup stage, focus on achieving the mission and establishing sustainable funding. Financial management and technology utilization are growing concerns, but management is not ready, nor equipped, to hire qualified finance and accounting professionals or tried but had a bad experience.
The major pain points for a nonprofit in the development phase are:
- Not having enough money to hire a full-time accounting professional
- Your current accounting system may very well be Excel or unsophisticated
- You are great with your mission but lack the accounting expertise to move ahead
This persona is in the midst of growing pains. Your organization’s leadership and Board of Directors place high importance on financial management and your current system is not going to grow with you. You don’t have the depth of their internal resources to deliver strong financial management results, despite otherwise being an excellent program manager and fundraiser. Organizations in the growing phase acknowledge what they don’t know and are committed to doing the right thing. The major pain points you may be experiencing are:
- Not having a budget to hire a full-time accounting professional
- Your current accountant is using QuickBooks and isn’t comfortable with the change
- You’ve been burned by a bad hire and not sure what to do next
- You are growing out of your current system and have no one in-house to spearhead this growth
This persona is part of a growing or existing nonprofit that is in transition, but not in a good one, a stressful one. You are losing talent, credibility, and control of your finances through it all. You know what it takes to create a good financial system but right now cannot fulfill them. This transition is creating a loss of checks and balances and has the Board to answer to. Some of your major pain points include:
- Turnover in your accounting department which has caused a lack of stability
- You’ve been burned by a bad hire and don’t want to repeat the same mistakes
- You want to reprieve from stress so you can focus on stabilizing
If any of these personas sound like you or if the pain points match closely to your organization, then look no further, we have a solution.
Client Success Stories
Client Service Areas
Nonprofit organizations comprise the majority of NFP Partners’ practice, primarily concentrated in Colorado, but branching into adjacent states. We serve nonprofits of all sizes, including startups provided they have sufficient initial financial support, a growth strategy and appreciate the need for strong financial management.
For smaller organizations, typically under $4 million annual revenue, outsourced accounting and CFO services can offer a cost-effective transitional or permanent financial management solution. Mid-size to larger organizations, starting somewhere in the $4 million annual revenue range and up to $50 million or more, have broader and more sophisticated needs, including software tools to manage their finances and fundraising. NFP Partners, with its offering of Abila software solutions, can provide the tools and support to organizations that are transitioning from an entrepreneurial growth stage to one instituting professional management.
Since 2006, NFP Partners has acquired a portfolio of nonprofit clients that represent most nonprofit areas. Although not in every area, our services are not limited to any particular sectors that nonprofits serve. The following is a brief summary of the types of clients NFP Partners currently serve by major nonprofit classification (NTEE).
NFP Partners has established a solid foothold in serving public health agencies. Abila MIP Fund Accounting™ is a proven software solution for the demanding and closely regulated accounting and reporting requirements for federally financed health organizations.
We support several organizations that provide direct assistance to families and youth in the forms or food, housing, employment, and other needs. These nonprofits receive funding from a multitude of public and private sources with demanding tracking and reporting requirements for which Abila MIP Fund Accounting™ is well suited.
This is a broad area served by many public and private agencies. Our clients include other educational nonprofits that specialize in early childhood education, remedial learning, adult retraining, college scholarships, and outdoor adventure experiences.
NFP Partners has several clients that advocate various causes such as healthy living; land and resources use; and children’s health, education, and safety. Most have multiple funding sources and relatively complex accounting and reporting.
NFP Partners provides financial software support or outsourced accounting and CFO services to a diverse group of not-for-profit clients not otherwise classified including a membership organization, governmental special districts, and charitable foundations.