Accounting

Basic consultation on business and financial planning is available for free to INN members each week through the INN Box Office Hours or Startup Sessions, held most alternating Wednesdays. Sign up from the INN calendar.

Added custom consultation is available for a fee:

 

FULL-CHARGE BOOKKEEPING SERVICES

INN offers full-charge accounting services for members needing assistance running the day-to-day activities of their back-office. From paying vendors and recording revenues to tracking grant expenditures and monthly financial reporting, INN can handle all of your accounting needs.

Services include:

  • Client invoicing and charitable gifts recording
  • Donor thank you letters for gifts more than $250
  • Vendor bill paying
  • 1099 filings
  • Grant tracking
  • Monthly financial reconciliations and reporting
  • Budget variance reports
  • And much more!

About: INN’s staff is well versed in the nonprofit world with more than 30 years of experience and has served as the fiscal sponsor (FS) of more than 35 nonprofit newsrooms since 2012. Because of our robust FS program, INN is well poised to help independent nonprofit news organizations with all of their accounting needs.

Rate: Standard Bookkeeping Rate - $65 per hour

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ADVANCED ACCOUNTING CONSULTATION

Need to solve a perplexing accounting question or need guidance on Generally Accepted Accounting Principles (GAAP)? INN’s Director of Finance and Operations Chip Potts can assist you with these questions and other matters centered on the accounting, finance and operations of your nonprofit news organization.

Services include:

  • Chart of Accounts designed specifically for your organization
  • In-depth QuickBooks setup for your nonprofit news organization
  • Internal Controls advice
  • Pre-audit preparation and support
  • Budget and cash flow consultation

About: Chip Potts is INN’s director of finance and operations and has more than 30 years of accounting experience, first as a partner in a Washington, D.C., CPA firm that specialized in audit reporting for nonprofit organizations and government contracting, then running his own accounting and tax practice before serving as the CFO of a Los Angeles community college’s foundation for more than nine years.

Rate: Advanced Accounting Consultation - $100 per hour

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