Spend More on the Mission, Less on the Books — Nonprofit Bookkeeping in Minneapolis, MN
Alden & Frey do the books for nonprofits — and only nonprofits. Real fund accounting, grant tracking, and board-ready reports, so your team can spend its time and money where it matters: the mission.
Bookkeepers Who Understand the Mission
Alden & Frey was founded in 2014 by two people who spent years inside nonprofits and watched good organizations struggle with the wrong bookkeeping. Restricted grants mixed together, board reports built in a panic, 990s that were a yearly crisis.
So we built a firm for the sector. Twelve years and 140+ Minneapolis nonprofits later, we do real fund accounting — tracking every restricted dollar, keeping your grants reportable, and delivering board-ready financials on time. So your team can stop worrying about the books and get back to the mission.
- ✓Nonprofit specialists — it's all we do
- ✓True fund accounting for restricted grants
- ✓Board-ready financials every month
- ✓Form 990 and audit prep support
How Can We Help Your Organization?
Nonprofit Bookkeeping
Fund Accounting
Grant Tracking & Reporting
Form 990 Prep Support
Board & Financial Reporting
Payroll & Allocations
💜 Mission-First 📊 Board-Ready Reports ✅ Grant & Audit Compliant
Why Nonprofits Trust Us With the Numbers
Nonprofit accounting is a different discipline. Here's what we get right that generalists get wrong.
Real Fund Accounting
We track restricted and unrestricted funds separately, so every grant is used within its rules and reported accurately.
Grant-Ready Always
Grant budgets and spend-down tracked in real time, making funder reports and renewals painless.
Board-Ready Reporting
Clean, understandable financials delivered before every board meeting — no more late-night scrambles.
Audit & 990 Prepared
Books kept the way auditors and 990 preparers expect, so your annual filings and audits go smoothly.
Mission-Minded Value
A fair flat fee that respects your budget, so more of every dollar goes to the work that matters.
Getting Started Is Simple
From tangled funds to clean, mission-ready books.
Consultation
We learn your programs, grants, and current books, then map a fund-accounting setup with a clear, fair quote.
Set Up by Fund
We structure your books by fund and program, clean up the history, and get every grant tracked correctly.
Mission on Autopilot
Board-ready reports and clean books every month — with a nonprofit specialist on call.
Track Every Restricted Dollar, Automatically
When a funder restricts a grant, spending it wrong isn't just messy — it's a compliance risk that can cost you the relationship. Our fund accounting tracks every restricted dollar to its purpose, flags issues before they happen, and gives you clean, funder-ready reports on demand. So you can accept any grant with total confidence.
- ✓Restricted funds tracked to their purpose
- ✓Compliance issues flagged early
- ✓Funder-ready reports on demand
Partners in Your Mission
The sector knowledge, care, and value that generalist bookkeepers can't match.
Compliance First
Fund restrictions, grants, and filings handled correctly — we carry the worry so you don't.
Mission-Minded
Fair, flat pricing that respects your budget, so more goes to the work that matters.
A Real Partner
A dedicated nonprofit specialist who knows your organization and answers when you call.
Frequently Asked Questions
What is fund accounting and do we need it?
Fund accounting tracks money by its source and restrictions rather than one big pool — essential for nonprofits with grants and restricted gifts. It's how you prove to funders and auditors that every restricted dollar was used exactly as intended. If you receive any grants or restricted donations, you need it.
Can you handle grant tracking and reporting?
Yes — it's core to what we do. We track each grant's budget, spending, and restrictions in real time, and produce the funder reports you need for compliance and renewals, so grant management stops being a scramble.
Do you prepare our Form 990?
We keep your books organized exactly the way your 990 preparer or auditor needs them, making the annual filing smooth and stress-free. We don't file the 990 ourselves, but we're the essential foundation — and we can refer a trusted nonprofit CPA.
Will you provide board-ready reports?
Absolutely. We deliver clean, understandable financial statements and dashboards before every board meeting, so your leadership always has the numbers they need without a last-minute scramble.
How much does it cost?
One fair, flat monthly fee based on your size, funding complexity, and services — quoted up front with no hourly surprises. We price with nonprofit budgets in mind. Your consultation is free.
What kinds of nonprofits do you work with?
All kinds — human services, arts, faith-based, education, environmental, and more, from small all-volunteer groups to established organizations with multiple grants and programs.
Ready to Put More Toward the Mission?
Book a free consultation and see how much simpler — and more compliant — your books can be with a nonprofit specialist on your side.
Book Your Free Consultation
Tell us about your organization and we'll be in touch within one business day.