The Challenge

The firm faced issues with:

• Tuition Collection Issues: AR was unstructured, leading to late fees and gaps.
• Grant Expense Confusion: Programs like EANS and ESSER lacked reporting.
• Nonprofit Compliance Problems: Books didn’t follow Form 990 and donor tracking standards.

Our Solution

We created a school-specific accounting process:

Tuition & Donations Tracking

• Set up accounts receivable by family, fee, and due date.
• Tracked restricted and unrestricted donations for audit readiness.

Grant & Nonprofit Reporting

• Generated monthly fund reports aligned to grant requirements.
• Prepared Form 990 workpapers and reconciliations.

The Results

After just six months of working with us, the business experienced tangible improvements:

Key Takeaways

• K-12 schools need specialized nonprofit and grant reporting.
• Automated tuition tracking reduces late collections.
• CPA firms can scale school clients with accurate donor and fund data.

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