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Elevating Nonprofit Financial Strategies

Your outsourced CFO, Controller and Accounting Services experts

Means Smarter Business Decisions

In the complex world of nonprofit management, financial leadership is not just beneficial; it’s essential. However, many organizations face the reality of needing expert financial guidance without the resources to hire full-time financial leadership staff.

At One Abacus Advisory we understand the unique needs of nonprofits. After learning the specific needs of your organization, we can customize a fractional solution that provides the leadership, strategy and operational guidance needed to propel your organization forward in an affordable and cost-effective manner.

Whether it’s a fractional CFO, Controller, Accounting Manager or Staff Accountant, or a customized blend of all the above, we’ve got you covered.  Let us provide the financial tools to help you, your leadership team and board members stay focused on your mission.

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Years of Experience
Years of Experience
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Nonprofit Clients Served
Nonprofit Clients Served
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Nonprofit Industry Sectors   
Nonprofit Industry Sectors
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Lorin Port

Lorin Port – Founder, Consulting CFO

At the heart of Lorin’s professional journey lies a passion for empowering nonprofit organizations with strategic financial guidance and managerial finance expertise. With over a decade at The Grauer School and a significant tenure at PBO Advisory Group, her approach is deeply rooted in understanding and aligning with each nonprofit’s unique mission.

 

Services We Offer

Fractional CFO

Fractional CFO

The addition of a fractional CFO can be a transformative step for your nonprofit, offering not just expert financial.....

Fractional CFO

The addition of a fractional CFO can be a transformative step for your nonprofit, offering not just expert financial oversight but also strategic guidance that aligns with your mission and growth objectives. This role can significantly enhance your financial operations, provide strategic insights during critical transitions, and ensure that your organization remains compliant and efficient.
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Controller

Fractional Controller

A fractional Controller serves as a strategic partner focusing on budget management, forecasting, financial reporting...

Fractional Controller

A fractional Controller serves as a strategic partner focusing on budget management, forecasting, financial reporting, and the overall financial health and wellbeing of the organization. While collaborating with the executive team to provide financial insights, planning, and support, your fractional Controller manages the accounting team including hiring, train, and performance management. 
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Senior Accounting Services

Other Accounting Services

Other Accounting Services focus on managing and supervising accounts payable and account receivable, payroll...

Other Accounting Services

Other Accounting Services focus on managing and supervising accounts payable and account receivable, payroll, and financial statement preparation for leadership and board of directors. Other important include ensuring compliance with all relevant nonprofit accounting regulations and standards.
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How It Works

Fractional accounting can offer several benefits to nonprofit organizations, helping them manage their finances more effectively and efficiently. Here’s how fractional accounting can help nonprofits:

Cost-Effective Expertise
Cost-Effective Expertise
Nonprofits often operate on tight budgets, making it difficult to afford full-time accounting staff or a dedicated CFO...
Fractional accounting allows nonprofits to access professional accounting expertise on a part-time or as-needed basis, reducing costs while still benefiting from high-quality financial services.
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Flexible Support
Flexible Support
Fractional accounting arrangements offer flexibility in terms of engagement, duration and scope of work...
Nonprofits can tailor the level of support to their specific needs, whether it's basic bookkeeping, financial reporting, budgeting, grant management, or strategic financial planning.
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Efficiency and Accuracy
Efficiency and Accuracy
Professional accountants can streamline accounting processes, ensuring that financial transactions are accurately recorded...
categorized, and reported in a timely manner. This can improve the overall efficiency of financial operations and reduce the risk of errors or discrepancies.
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Compliance and Transparency
Compliance and Transparency
Nonprofits are subject to various regulatory requirements and reporting standards, including tax filings, audits, and grant reporting...
Fractional accountants can help ensure compliance with these requirements, maintaining the organization's legal and financial integrity while providing transparency to donors, funders, and other stakeholders.
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Financial Analysis and Insights
Financial Analysis and Insights
Fractional accountants can analyze financial data to provide valuable insights into the organization's...
financial health, performance, and trends. This information can help nonprofit leaders make informed decisions, allocate resources effectively, and identify opportunities for improvement or growth.
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Risk Management
Risk Management
Professional accountants can help nonprofits identify and mitigate financial risks, such as fraud, cash flow shortages...
or budget overruns. By implementing appropriate controls and monitoring mechanisms, fractional accountants can safeguard the organization's assets and ensure fiscal responsibility.
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Capacity Building
Capacity Building
Fractional accountants can also support capacity building within the organization by training staff members on accounting...
best practices, financial management tools, and reporting standards. This empowers nonprofit staff to take on more responsibilities in financial management and strengthens the organization's internal controls.
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Cost-Effective Expertise
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Overall, fractional accounting can be a valuable resource for nonprofits, providing cost-effective expertise...
flexible support, and enhanced financial management capabilities to help achieve their mission and goals
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