Daily Balance, a leading nonprofit accounting firm, has recently expanded its operations by opening new offices in Bakersfield, Los Angeles, San Diego, and San Jose, California. This strategic move aims to provide tailored accounting solutions to local nonprofits, helping them streamline their financial operations and focus more on their missions.
Key Takeaways
- Daily Balance has opened new offices in Bakersfield, Los Angeles, San Diego, and San Jose.
- The firm specializes in nonprofit bookkeeping, audit support, and virtual CFO services.
- Nonprofits can potentially reduce administrative costs by up to 40% with Daily Balance’s services.
Expansion Overview
Founded in 1999 and headquartered in Sacramento, Daily Balance has built a strong reputation for delivering reliable accounting solutions to nonprofit organizations. The recent openings in key California cities are part of the firm’s commitment to enhancing its support for local nonprofits.
The new offices will offer a comprehensive range of services tailored to meet the unique needs of nonprofits, including:
- Nonprofit Bookkeeping: Ensuring accurate and auditable records with responsive daily assistance.
- Financial Audit Representation: Preparing audit-ready financials to facilitate a smooth audit process.
- CFO Advisory Services: Providing expert financial advice, strategic planning, and funding support.
Impact on Local Nonprofits
With the opening of these new locations, Daily Balance aims to empower nonprofits by optimizing their financial operations. The firm’s founder, Syd Highley, emphasized the importance of effective financial management in enabling nonprofits to make impactful decisions. By reducing administrative costs by up to 40%, Daily Balance allows organizations to allocate more resources toward their core missions and programs.
Locations and Services
- Bakersfield Office: Focused on providing customized support to local nonprofits, helping them streamline their accounting processes.
- Los Angeles Office: Aims to enhance financial management for nonprofits in Southern California, ensuring they can present well to stakeholders and secure funding.
- San Diego Office: Offers local nonprofits the opportunity to replace their accounting departments, allowing them to concentrate on advancing their initiatives.
- San Jose Office: Extends Daily Balance’s trusted services to a broader audience, maintaining high standards of support.
Conclusion
Daily Balance’s expansion into these key California markets represents a significant step in its mission to support nonprofit organizations. By providing tailored accounting solutions, the firm is poised to make a meaningful impact on the financial health and operational efficiency of local nonprofits, ultimately enabling them to fulfill their missions more effectively.
Sources
- Daily Balance expands with new nonprofit bookkeeping office, International Accounting Bulletin.
- San Diego Nonprofit Bookkeeping Firm, Daily Balance, Opens New San Diego Office, Providing Premier Virtual Nonprofit Accounting Services to Local Organizations, Accesswire.
- Los Angeles Nonprofit Bookkeeping Firm, Daily Balance, Opens New Los Angeles Location, Delivering Top-Tier Virtual Accounting Solutions for Nonprofits, Accesswire.
- San Jose Nonprofit Bookkeeping Firm, Daily Balance, Launches New San Jose Location, Offering Top-Tier Virtual Accounting Services for Nonprofits, Accesswire.
- Bakersfield Nonprofit Bookkeeping Firm, Daily Balance, Opens New Bakersfield Office to Support Local Nonprofits With Trusted Accounting Services, Accesswire.