Nonprofit Accounting in Houston

Nonprofit accounting is a specialized form of accounting used by charitable and mission-driven organizations.  Unlike for-profit entities that generate revenue through products or services, nonprofits primarily rely on donations and grants to fund their causes. 

Donors and board members need to see how funds are used toward the intended programs and purposes.  At P&N, our nonprofit accounting ensures financial transparency and accountability.  

40+ years of celebrating the power of philanthropy by supporting our clients and their vital initiatives.

For 501(c)(3) organizations, financial audits are often required to verify compliance, maintain donor confidence, and uphold financial integrity. These audits provide a thorough review of financial operations, confirming that funds are being used appropriately.

P&N offers expert audit support for nonprofit organizations in Houston, ensuring transparency and adherence to all necessary financial regulations.

Nonprofit accounting differs from traditional business accounting by requiring detailed tracking of restricted and unrestricted funds. Properly categorizing income and expenses is essential for regulatory compliance and effective financial management.

Accurate financial statements, clear reporting, and adherence to nonprofit accounting standards are key to sustainability. Our nonprofit accounting firm in Houston provides the expertise and tools necessary to keep organizations financially sound while allowing them to focus on their impact.

We work with a diverse range of nonprofit organizations, from grassroots initiatives to large-scale charities. Our clients benefit from tailored financial solutions, hands-on guidance, and a dedicated nonprofit tax team. Some of the organizations we assist include:

• Affordable housing entities
• Charitable organizations
• Educational institutions
• Healthcare organizations
• Membership organizations and trade associations
• Museums, arts and cultural institutions
• Private country and social clubs
• Public and private foundations
• Religious entities
• Social services agencies