Bank Statement Converter for Nonprofit Financial Compliance

Nonprofits must maintain accurate financial records for IRS Form 990 filing, grant compliance audits, and board financial oversight. Convert your nonprofit checking account bank statement PDF to Excel to prepare compliant financial reports and audit documentation.

Key Benefits

• Exports all program revenue and expense transactions for Form 990 preparation
• Supports grant compliance reporting: federal, state, and foundation grants
• Works with all major banks and nonprofit-focused institutions (BofA, Chase, Wells Fargo)
• Monthly functional expense allocation for IRS reporting categories
• Compatible with QuickBooks Nonprofit, Sage Intacct, and Aplos accounting

How It Works

1. Step 1: Upload your nonprofit's bank statement PDFs (12 months for Form 990)
2. Step 2: Select Excel output
3. Step 3: Download and categorize by program, administrative, and fundraising expenses
4. Step 4: Share with your CPA or auditor for Form 990 and grant compliance preparation

Frequently Asked Questions

How do nonprofits use bank statements for IRS Form 990 preparation?

Form 990 requires nonprofits to report total revenue by source and expenses by functional category (program, administrative, fundraising). Export 12 months of bank statements to Excel and categorize each deposit as contributions, program service revenue, or investment income. Expense debits are categorized by function for the Statement of Functional Expenses (Part IX of Form 990).

What bank records do grant auditors require for federal grants?

Federal grant auditors (Single Audit under OMB Uniform Guidance) require bank statements showing grant funds were deposited separately, disbursed only for allowable grant expenses, and reconciled to the grant's financial reports. Export each grant's dedicated bank account to Excel and match deposits to award letters and disbursements to grant-approved budget line items.

Convert Nonprofit Statement Free