Bookkeeping for Good, Inc.: A Beacon of Excellence in CAS

In the bustling city of Chicago, Illinois, Bookkeeping for Good, Inc. is making a remarkable impact in the Client Advising Services (CAS) sector. Since its founding in 2013, this dedicated firm has been recognized as one of Woodard’s Top 50 CAS Practices. Known for its commitment to nonprofit organizations and service-based businesses, Bookkeeping for Good, Inc. is setting new benchmarks in the industry.

Core values that drive success  

Bookkeeping for Good, Inc. thrives on values of openness, affirmation, and anti-racism. These principles guide every client interaction, ensuring businesses receive not only expert financial guidance but also support that aligns with their values. Melissa Miller Furgeson, the founder, emphasizes the importance of working with clients who share these values, fostering a community of inclusivity and respect.  

A specialized team with a personal touch  

With a dedicated team of three professionals, Bookkeeping for Good, Inc. focuses on serving small nonprofits and service-based businesses, including local churches, theater arts, dentistry, education, and photography industries. Their core services include full-service bookkeeping, donor-designated and grant fund management, financial statement preparation, and multi-scenario budgeting. This specialization allows them to provide tailored solutions that empower clients to achieve their missions.  

Empowering client success stories  

A standout success story involves a nonprofit theater client that partnered with Bookkeeping for Good, Inc. to revamp their chart of accounts and budget structure. By connecting them with an expert accountant, the firm helped the client navigate Employee Retention Credits, transforming their mindset from scarcity to growth. This empowerment allowed the theater to prioritize staff pay raises, invest in equipment, and expand programs, laying a foundation for future stability.  

Recognized for excellence  

Bookkeeping for Good, Inc.'s achievements have been widely recognized. Their client retention and growth through recommendations speak volumes about their dedication and quality service. After hiring their first full-time employee in 2023, the firm experienced a 53% growth, now maintaining a waiting list of eager clients.  

Innovation and community at the core  

Innovation is at the heart of Bookkeeping for Good, Inc.’s operations. By customizing offerings to meet the specific needs of each client and embracing technology like QBO, they ensure efficiency and collaboration. Their bespoke support, ranging from coaching to full-charge bookkeeping, sets them apart in the industry.  

Community engagement is equally important. By fostering a supportive environment both within the team and with clients, Bookkeeping for Good, Inc. creates a sense of belonging and partnership. This community-driven approach enhances client satisfaction and contributes to the firm’s overall success.  

A bright future ahead  

Bookkeeping for Good, Inc. continues to inspire with its blend of professionalism, innovation, and client-centric service. As they look to the future, their commitment to empowering clients and fostering a positive community remains unwavering. Melissa Miller Furgeson’s advice to new CAS firms is insightful:  

“Know yourself and your team and what’s important to you.  Not every client is a good one.  Do some introspection about what you value/what makes an ideal client for you. It’s okay to be picky and it’s important to be willing to be picky. You’ll do your best work when you LOVE your clients because you chose to work with clients that are an ideal fit for you and your firm.”  

For more information about Bookkeeping for Good, Inc. and their services, visit their website at bookkeepingforgood.com.  

This spotlight is part of our Top 50 CAS Practices series. Stay tuned as we continue to celebrate innovation and excellence across the profession.     

This article was written with the assistance of AI and edited by a human.