Foundation Group and Nonprofit Suite merge to launch Foundation Group Accounting Services
PR Newswire
46m ago
Ai Focus
Foundation Group announces the integration of its existing bookkeeping business with Nonprofit Suite, a premium accounting firm that serves large non-profit organizations, to operate under the unified name of Foundation Group Accounting Services. The company stated that the new department will provide integrated support to non-profit organizations of various sizes, ranging from basic bookkeeping to financial reporting, operational accounting, and temporary CFO services. Lora J will serve as the Vice President and General Manager of this new department.
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This merger will integrate two companies under BryteBridge Group that have a long history of operation into a single accounting department, providing services to non-profit organizations of various sizes. Lora Lahoda will serve as the Vice President and General Manager.

Nashville, Tennessee, October 7, 2026 / PRNewswire / -- Foundation Group claims to be a leading provider of establishment and compliance services for non-profit organizations in the United States. The company announced today that it will integrate its existing bookkeeping department with Nonprofit Suite, a boutique accounting firm that serves larger non-profit organizations. After the integration of the two teams, they will operate under the name of Foundation Group Accounting Services and provide comprehensive accounting and financial management services designed specifically for the non-profit sector.

Foundation Group indicates that for over eight years, its bookkeeping department has been helping small and medium-sized non-profit organizations maintain accurate accounts. Meanwhile, Nonprofit Suite has established a reputation over the past 20-plus years for providing premium, high-touch accounting services to larger and more complex non-profit organizations. The company claims that by integrating these capabilities, Foundation Group Accounting Services will offer customers a unified team and a consistent service experience, and the services can be continuously upgraded as the customer organizations grow.

Foundation Group, President and Founder, stated: "The reason customers have always chosen us is that they seek a true accounting partner, not just a supplier that handles transactions. By integrating Nonprofit Suite with Foundation Group Bookkeeping, we are able to support organizations in evolving from their initial accounting needs to increasingly complex financial reporting and management requirements. Most importantly, as organizations grow, customers can continue to work with a reliable partner."

A unified department that supports all stages of growth

Foundation Group indicates that Foundation Group Accounting Services will continue to provide the core bookkeeping and compliance-related services that have supported small non-profit organizations for many years, while also expanding the channels for clients to access operational accounting, financial reporting, and strategic consulting capabilities, which were previously mainly provided by Nonprofit Suite.

The company stated that the integrated business has formed an expandable and continuous service system. As budgets, projects, sources of funding, staffing, and reporting requirements become more complex, organizations can start with basic bookkeeping support and smoothly transition to more comprehensive financial management services.

Foundation Group Accounting Services will focus on three core areas:

  • Accurate bookkeeping services that comply with Generally Accepted Accounting Principles (GAAP) provide a reliable financial foundation for organizations.
  • Operational accounting and financial reporting provide management and the board of directors with timely and meaningful insights into organizational performance.
  • Provide strategic financial support to organizations that are dealing with budgeting, auditing, funding requirements, and increasingly complex financial decisions.

The new management team of the integrated department

Foundation Group Accounting Services is led by Lora J and Lahoda. She possesses the qualifications of CPA and CGMA, and serves as Vice President and General Manager. The company states that in this role, Lahoda will be responsible for integrating the two teams, as well as overseeing the service delivery, staffing, operational strategy, and growth of the accounting department.

Lahoda indicates that: "This integration enables us to provide a service that is not easily available to non-profit organizations – an accounting partner that can grow alongside the organization. Whether an organization needs basic bookkeeping support, or more complex financial reporting, operational accounting, and temporary CFO services, our team is capable of providing support according to the current stage of the client and continuing to serve as their needs evolve. Our goal is to provide non-profit organization leaders with reliable financial information and the accounting expertise necessary for them to make informed decisions and advance their mission."

The company stated that Lahoda has dedicated most of their career to the non-profit sector, having served as an auditor and CFO as well as a consultant in several non-profit organizations.

Service Continuity

Foundation Group Accounting Services will continue to provide the core accounting services that non-profit organizations have relied on for over the past eight years, including:

  • Monthly bank account reconciliation
  • Preparation of the financial position statement, the statement of business activities, and the cash flow statement
  • Provided by dedicated bookkeepers located in the United States with specialized accounting experience for non-profit organizations.
  • Foundation Group Compliance Service Discount Rates
  • Best Practices and Consultation in Accounting

New and expanded services

Based on the Nonprofit Suite premium accounting model, Foundation Group Accounting Services will also provide extended services for non-profit organizations with more complex financial and operational needs, including:

  • Operational accounting, including cost allocation by project or appropriation, as well as monitoring of the release of restricted funds.
  • Complete financial report package, including financial dashboard, statement of financial position, and statement of business activities, as well as budget versus actual comparison report.
  • Customized report format suitable for submission to the board of directors
  • Budget preparation and audit process support
  • Customized appropriations and invoicing and reporting by funders
  • Temporary CFO Service

Service Availability

Foundation Group indicates that Foundation Group Accounting Services is now available to new and existing customers of Foundation Group and Nonprofit Suite. Relevant organizations can schedule consultations with accounting experts to determine the appropriate level of support based on their own scale, complexity, and financial management needs. For more information, please visit: https :// www.501c3.org /501c3- services / nonprofit-bookkeeping /.

About Foundation Group

Foundation Group indicates that the company is headquartered in Nashville and provides services for the establishment of non-profit organizations, as well as tax, compliance, and accounting services. It is one of the member companies under BryteBridge Group. The company claims that over the past 30 years, Foundation Group has helped more than 50,000 organizations across the United States to establish and maintain their tax-exempt status.

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