SUPPORTING YOUR MISSION

Accounting, Tax & Advisory for Youth Programs

From grant tracking to Form 990, we handle the numbers so your team can focus on the kids you serve.

Serving Seattle-area youth organizations since 1971 · Licensed WA CPAs

Accounting Built Around How Youth Organizations Actually Operate

Greenwood Ohlund provides youth nonprofit accounting for Seattle-area mentoring programs, sports leagues, after-school programs, and camps. Program costs grow and shrink with seasonal enrollment, and grantors have to see outcomes tied back to the dollars they gave you, not just a balance sheet. Any general accountant can track the money. We can report it in the way your funders want to see it. We also handle the audits your board and funders expect, including Single Audits for federally funded programs, alongside Form 990 filings and grant tracking that keeps every restricted dollar accounted for on its own terms.

OUR CLIENTS

The Challenges Youth Programs Face

We separate each grant’s restricted funds in your books and match your reporting to what each funder requires, so nothing gets commingled or misreported.

We allocate your expenses across the program, management-and-general, and fundraising categories that your Form 990 requires, so your functional-expense reporting holds up to scrutiny.

We build your budget and cash flow projections around your actual enrollment cycle and seasonal programming instead of a flat monthly average.

Only if your organization spends $1,000,000 or more in federal awards during your fiscal year. We help you track toward that threshold and prepare for the audit itself if you cross it.

What Makes Youth Programs Accounting Different

Cost-reimbursement contracts, overhead ratios, and volunteer time that only sometimes counts as in-kind. This is the territory that we in the youth-serving niche navigate… and navigate, and navigate.

But with a CPA who knows this territory, you can be sure that your restricted grants are tracked by funder, not just by fund, and your reimbursable costs get reported correctly. We handle your registration with Washington’s Charities Program the same way, and we report to each funder in the format they actually require, not a one-size template that only works for one of them.

We serve organizations like yours

Organizations Like Yours

We work with a wide range of youth-serving nonprofits, including:

Why Youth Programs Choose Greenwood Ohlund

Our accounting and CFO services provide structured financial oversight, accurate reporting, and practical insight for organizations that require clarity and consistency. We deliver full accounting services and advisory support designed to strengthen financial management without unnecessary complexity.

Decades in nonprofit accounting

We’ve been doing this since 1971.

Tax, audit, accounting, and CFO expertise, one firm

Most firms our size don’t offer all four under one roof. You get a Form 990 team, an audit team, and a CFO-level advisory team who already talk to each other, instead of coordinating three separate vendors yourself.

Seattle-rooted, with clients across Washington and beyond

We’re based in Seattle and built around the Pacific Northwest, with clients in other states when the relationship calls for it.

A relationship that runs all year, not just at filing time

We’re recognized as a Peak Firm and a PSBJ Washington’s Best Workplaces honoree, and that same culture shows up in how we work with clients: regular conversations and actual availability, not a firm you hear from once a year.

Your Youth Programs Team

RECENT NEWS

Latest Updates and Insights from Greenwood Ohlund

Switching Banks? What Small and Medium-Sized Organizations Should Consider

Changing banks can create meaningful benefits for a small or medium-sized organization. A new banking relationship may offer better technology, improved customer service, lower fees, stronger fraud controls, greater borrowing capacity, or products that better support the organization’s growth. However, switching banks is rarely as simple as opening a new account and transferring the cash. Bank accounts are often connected

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IRS Form 990 transparency changes affecting nonprofit fiscal sponsorship reporting

The Form 990 Rarely Changes – So Why Is Everyone Talking About Fiscal Sponsorships?

Key Takeaway: While no new Form 990 reporting requirements have been proposed, recent statements from the U.S. Department of the Treasury suggest the IRS is taking a closer look at how nonprofits receive and manage funding. Now is a good time to review your gift acceptance procedures—particularly for fiscal sponsorships—to ensure your organization is well positioned if future reporting or

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IRS Automatic Penalty Relief (AEP) illustration explaining penalty relief eligibility and First Time Abate for taxpayers in 2026.

IRS Automatic Penalty Relief (AEP): What Taxpayers Need to Know for 2026

Automatic Penalty Relief is a new IRS initiative designed to reward taxpayers with a strong compliance history. Rather than requiring eligible taxpayers to request penalty relief after receiving a notice, the IRS intends to apply qualifying relief automatically for certain penalties. The program is expected to reduce reliance on the long-standing First Time Abate (FTA) process for many taxpayers. The

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Recent News

Latest Updates and Insights from Greenwood Ohlund

University Child Development School

Client Spotlight Q&A: University Child Development School

When did GO start working with UCDS, and how has this partnership evolved over the years?
 GO has proudly partnered with UCDS since 2022 to support the school’s financial stewardship and long-term sustainability. Over time, that partnership has evolved alongside the school’s growth and continued focus on innovative education, strong governance, and mission-driven planning. In what ways does the GO

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Ballard Food Bank

Client Spotlight Q&A: Ballard Food Bank

Ballard Food Bank When did GO start working with Ballard Food Bank, and how has this partnership evolved over the years? GO has proudly partnered with Ballard Food Bank since 2010, beginning with onsite monthly accounting support. In 2020, our relationship evolved to providing their annual audit and Form 990 preparation. In what ways does the GO Team support the

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FAQ

Youth Programs Accounting FAQs

It depends on size. Organizations with $50,000 or less in annual gross receipts file Form 990-N; those under $200,000 in receipts and $500,000 in assets file Form 990-EZ; everyone above that files the full Form 990, often with the Schedule A public support test attached. We’ll handle whichever applies to you.

Each grant gets tracked separately as either with or without donor restrictions, and reported the way its specific funder requires. We track your restricted grants by funder, not just by fund, so nothing gets misreported or commingled.

Only if you spend $1,000,000 or more in federal awards during your fiscal year. That threshold, set by the Uniform Guidance, is what triggers a Single Audit rather than a standard financial statement audit. We handle both.

It depends on the donation. A donated specialist’s time, like a counselor’s or an attorney’s, counts as an in-kind contribution recorded at fair value. A parent volunteering to coach generally doesn’t. We know that distinction and apply it correctly on your books.

Being local helps with things like Washington’s charitable registration and state-specific rules, but the bigger factor is nonprofit experience. As a Seattle-based nonprofit accountant since 1971, we combine local knowledge with the accounting depth youth programs need.

CONTACT US

Let's Talk About Your Youth Organization

If you’re tracking grants from multiple funders, documenting reimbursable costs, or if you’re just ready for an accountant who really knows this territory, we can take it from here. Reach out and we’ll start by pinpointing what you actually need.

Greenwood Ohlund, PS
4241 21st Ave W, Suite 400, Seattle, WA 98199
(206) 782-1767