TEAM

The people behind your books

501cBookkeeping is owned and run by Geoff Pavey and Cindy Conway. We work only with nonprofits, from our base in Asheville, North Carolina, with organizations across the country.

Geoff Pavey

Geoff Pavey

Co-owner

I work on the parts of nonprofit finance that general bookkeepers tend to miss: restricted funds, net asset releases, functional expenses and the reporting that boards, funders and auditors ask for.

Before bookkeeping I spent many years in information technology, including time overseas working for a large nonprofit. That is where I saw how much a well-run finance function lets an organization get done, and why I now work only with mission-driven organizations.

Credentials
B.S. in Economics
Certified QuickBooks Online ProAdvisor
Certificate in nonprofit accounting in QuickBooks Online
Financial Management Essentials certificate, co-developed with David Greco of Social Sector Partners
Five years as a nonprofit bookkeeper, after a career in information technology
Cindy Conway

Cindy Conway

Co-owner

Working in the corporate world, I honed my skills in data analysis and financial reporting. I developed a knack for taking complex data and presenting it in a clear, actionable way.

While my career was rooted in the corporate sector, my heart has always been with nonprofits. Over the years, I've worked at domestic violence shelters, supported rape survivors, and advocated for children in the foster care system. I've also taken two international sabbaticals to volunteer with NGOs, once in Kenya and once in Vietnam.

501cBookkeeping was born from this passion. It's the perfect blend of my love for numbers and my commitment to helping mission-driven organizations thrive.

NONPROFIT SPECIALTIES

What we know well

ASC 958
Nonprofit financial statements built to the standard: net assets with and without donor restrictions, functional expenses, and a statement of activities your auditor recognizes.
Restricted funds
Grant-by-grant roll-forwards that agree with the balance sheet, and net asset releases recorded every month as the money is spent.
Form 990
Books kept so the 990 can be prepared straight from them, including the program, management and fundraising split, and checked against what was last filed.
QuickBooks Online classes and locations
Classes for programs and functional expenses, locations for restricted and unrestricted funds, set up so the reports your board and funders need come out of the system rather than a spreadsheet.
WHO WE WORK WITH

Everyone belongs here

We are an inclusive firm. We welcome nonprofits of every background, identity, mission and size, from North Carolina to Kentucky to Minnesota. You will be treated with respect, and so will the people you serve.

Inclusive spiritual communities
LGBTQ+ and youth-serving organizations
Historical and heritage organizations
Professional networks and membership associations
Conferences, speaker series and community events
Arts, dance and community groups
Grant-funded community and social justice nonprofits
Organizations with endowment or investment funds held at a community foundation

501cBookkeeping is the trade name of CCE Financials LLC.