Fund accounting built for nonprofits.
Not bolted on. Not translated. Actually built for you.
Statement of Activities. Statement of Financial Position. Net Assets tracking. A sub-account for every program or fund. The financial reports your board, auditor, and IRS expect — for $25/mo.
Regular accounting software wasn't built for you.
QuickBooks, Xero, Wave — they're built for businesses that care about profit. Nonprofits care about something different: which fund did this come from, which program did it go to, and can I prove it to the board?
Standard accounting software doesn't think that way. You end up hacking workarounds, building manual spreadsheets, or paying a consultant to make QuickBooks pretend to be a fund accounting tool.
Holdings just… does it right.
The reports you actually need
Your financial statements speak nonprofit.
Holdings generates the three core nonprofit financial statements automatically — updated in real time as money moves:
Statement of Activities
Revenue and expenses by program and function — the nonprofit equivalent of a P&L. Always current, always export-ready.
Statement of Financial Position
Your assets, liabilities, and net assets at a glance — the nonprofit balance sheet. Ready for your auditor, your board, or a grant application.
Statement of Net Assets
Unrestricted, temporarily restricted, and permanently restricted funds — tracked separately, reconciled automatically.
A sub-account for every fund
Track every program separately. Without separate bank accounts.
Set up a sub-account for each program, fund, or restricted grant. Money flows into the right bucket automatically. You always know exactly how much is left in each program — without a spreadsheet.
- Create sub-accounts for: General Operations, Youth Programs, Capital Campaign, Grant #12345, etc.
- Transactions categorize by fund automatically
- Board-ready program report in one click
- No separate bank accounts required — one Holdings account, multiple sub-accounts
- Export financial statements to PDF or CSV
- Share view-only CPA access (no login handover)
- Transaction history with categorization and notes
- Grant reporting: filter transactions by fund or program for any date range
Audit + grant season
Ready when your auditor calls.
Clean books. Proper statement formats. Export-ready at any time. Holdings makes audit prep a morning task, not a month-long project.
Fund accounting purpose-built for nonprofits
| Holdings | QuickBooks Nonprofit | Aplos | Sage Intacct | |
|---|---|---|---|---|
| Monthly price | $25 | $85+ | $59+ | $400+ |
| Nonprofit statements | ✓ Native | Workaround required | ✓ | ✓ |
| Program sub-accounts | ✓ | Classes (workaround) | ✓ | ✓ |
| Banking included | ✓ Free | ✗ | ✗ | ✗ |
| FDIC insured | ✓ Up to $3M | ✗ | ✗ | ✗ |
| Setup time | Minutes | Days | Hours | Weeks |
"This transition will support our mission by streamlining how we manage donor contributions and program impact — helping us better serve cancer patients in need."
— Phil Brown, CEO · Needs Beyond Medicine · 501(c)(3)
Built for treasurers, not accountants.
You didn't become a nonprofit treasurer to learn double-entry accounting. Holdings does the accounting part — you just need to know where things stand.
501(c)(3) nonprofits
Program reporting, grant tracking, audit prep.
Churches and faith organizations
General fund, missions fund, building fund, all tracked separately.
Foundations
Restricted vs. unrestricted giving, grant reporting.
Associations
Dues, events, operating funds — all in the right buckets.
Frequently asked questions
Straight answers about fund accounting in Holdings
What is fund accounting and why do nonprofits need it?
Fund accounting tracks money by purpose, not just by type. Nonprofits have restricted grants, unrestricted donations, and different programs — each needs its own tracking. Standard business accounting (QuickBooks, etc.) doesn't do this natively. Fund accounting is the standard your auditor and board expect.
What's the difference between a sub-account and a separate bank account?
With Holdings, you create sub-accounts (sometimes called funds) inside one checking account. Each sub-account tracks its own balance and transactions. You don't need five separate bank accounts — just one Holdings account with the structure built in.
Do I need an accountant to set this up?
No. Holdings is designed for non-accountants who need accounting-quality output. Setup takes about 15 minutes — create your sub-accounts, connect your bank, and your transactions start categorizing automatically.
Is Holdings compliant with nonprofit accounting standards (GAAP)?
Holdings generates statements in the formats required by FASB ASC 958, the standard for nonprofit financial reporting. For audit purposes, you'll still work with your CPA — but your books will be clean and export-ready.
How much does it cost?
Fund accounting is $25/mo. Banking (checking account, debit card, 1.75% APY) is free. There's no separate "nonprofit tier" — the $25/mo Software plan includes everything.
Can my auditor or CPA access our books?
Yes. You can share view-only access with your CPA without giving them full account access. Export to PDF or CSV at any time.
Your board meeting just got easier.
Start free. Banking at 1.75% APY†. Fund accounting from $25/mo.
Explore More
Nonprofit Banking
What Is Fund Accounting? Guide
Nonprofit Pricing
Giving Accounts
Dedicated accounts for charitable giving and donations.
Accounting in Holdings
Automatic categorization, P&L, and balance sheets.
Bookkeeping
Professional bookkeepers manage your books monthly.
All-in-One Software
Plans & Pricing
Transparent pricing with zero hidden fees.