The nonprofit problem Kantivo solves
A charity's books answer a question business books never face: is every restricted dollar provably where the donor intended? Class tags and spreadsheets approximate the answer. Kantivo's Nonprofit Edition makes the ledger itself enforce it.
Choose FASB ASC 958 at setup and restrictions become first-class objects: gifts tag to them at entry, balances update as funds release, and the reclassification entries post themselves. Expense accounts carry Program / Management & General / Fundraising classifications so the functional matrix โ and the 990 โ assemble from real data instead of estimates.
What you get
Restrictions with running balances
Purpose, time, and permanent restrictions each tracked with donor, condition, and remaining balance.
One-click releases
Meeting a condition posts the standard release reclassification automatically โ no journal-entry gymnastics.
Functional classification at the source
Every expense account knows its function, so the Statement of Functional Expenses is a report, not a project.
The complete 958 statement suite
Activities, Functional Expenses, Financial Position, Cash Flows โ formatted the way audit firms expect.
Endowments handled
Permanently restricted principal segregated correctly, with earnings flowing per donor agreement.
Multi-chapter organizations
The Enterprise tier consolidates parent and chapter entities with intercompany eliminations.