Most accounting software uses "classes" or "tags" to simulate fund accounting. That breaks when you need real restricted fund tracking, proper financial statements, or Form 990 reporting. Alignmint is built from the ground up for nonprofit fund accounting with a pre-built chart of accounts that maps directly to Form 990 line items.
Every feature designed for how nonprofits actually work, not retrofitted from small business software.
Track restricted, temporarily restricted, and unrestricted funds with real-time balances. See exactly how much is available in each fund at any moment with as many funds as you need.
Your accounts are already set up and mapped to Form 990, so you can start tracking right away. Add custom accounts as needed. Every account is categorized for proper nonprofit financial reporting.
Complete transaction history with running balances. Filter by fund, account, date range, or transaction type. Drill down into any entry. Export to CSV or Excel.
Create manual or automatic journal entries with Draft, Posted, and Voided statuses. Full audit trail for every change. Memorized transactions for recurring entries with auto-posting schedules.
Generate Balance Sheet, Cash Flow Statement, Income Statement, Income Statement by Fund, and Comparative Reports. Export to PDF or Excel. All reports meet nonprofit accounting standards.
Auto-generate Form 990 worksheets from your chart of accounts. Pre-mapped line items mean less manual work at year-end. Export worksheets for your CPA or file directly.
Generic accounting software wasn't designed for nonprofits. Here's what breaks.
| Capability | QuickBooks / Xero | Alignmint |
|---|---|---|
| Fund Tracking | "Classes" or "Tags" (workaround) | Native restricted fund tracking |
| Form 990 | Manual mapping required | Pre-built chart of accounts, already mapped |
| Fund Balances | Not supported natively | As many fund balances as you need |
| Donor Integration | Requires third-party CRM | Built-in donor CRM |
| Nonprofit Accounting Standards | Manual configuration | Built-in, audit-ready statements |
Free for nonprofits up to $100K in annual donations. No credit card required.
