Foundation Group and Nonprofit Suite Unite to Launch Foundation Group Accounting Services

The merger brings together two long-standing BryteBridge Group companies into a single accounting division built to serve nonprofits of every size, with Lora Lahoda as Vice President and General Manager.

NASHVILLE, Tenn., Oct. 7, 2026 /PRNewswire/ -- Foundation Group, the nation's leading provider of nonprofit formation and compliance services, today announced the combination of its legacy Bookkeeping division with Nonprofit Suite, a boutique accounting firm serving larger nonprofit organizations. Together, the two teams will operate as Foundation Group Accounting Services, providing a comprehensive range of accounting and financial management services designed specifically for the nonprofit sector.

For more than eight years, Foundation Group's Bookkeeping division has helped small and mid-sized nonprofits maintain accurate books. Meanwhile, Nonprofit Suite has built a reputation for boutique, high-touch accounting services tailored to larger, more complex nonprofit organizations for over 20 years. By bringing these capabilities together, Foundation Group Accounting Services will provide clients with a unified team and consistent service experience that can evolve as their organizations grow.

"Our clients have always come to us because they wanted a true accounting partner, not just a vendor who processes transactions," said Greg McRay, president and founder of Foundation Group. "Bringing Nonprofit Suite and Foundation Group Bookkeeping together allows us to support organizations from their earliest accounting needs through increasingly complex financial reporting and management requirements. Most importantly, our clients can continue working with a trusted partner as their organizations grow."

One Division Supporting Every Stage of Growth

Foundation Group Accounting Services will continue providing the core bookkeeping and compliance-focused services that have supported smaller nonprofit organizations for years, while expanding access to the operational accounting, financial reporting, and strategic advisory capabilities historically provided by Nonprofit Suite.

The combined practice creates a scalable continuum of services. Organizations can begin with essential bookkeeping support and transition seamlessly into more comprehensive financial management services as their budgets, programs, funding sources, staffing, and reporting requirements become more complex.

Foundation Group Accounting Services will focus on three core areas:

• Accurate, GAAP-compliant bookkeeping that provides organizations with a reliable financial foundation.
• Operational accounting and financial reporting that gives leadership and boards timely, meaningful insight into organizational performance.
• Strategic financial support for organizations navigating budgeting, audits, grant and funder requirements, and increasingly complex financial decisions.

New Leadership for the Combined Division

Foundation Group Accounting Services is led by Lora J. Lahoda, CPA, CGMA, Vice President and General Manager. In this role, Lahoda leads the integration of the combined teams and oversees service delivery, staffing, operational strategy, and growth for the accounting division.

"This combination allows us to provide nonprofits with something that can be difficult to find—an accounting partner capable of growing alongside their organization," said Lahoda. "Whether an organization needs support with its foundational bookkeeping or requires sophisticated financial reporting, operational accounting, and interim CFO services, our team can meet clients where they are today and continue supporting them as their needs evolve. Our goal is to provide nonprofit leaders with reliable financial information and the accounting expertise they need to make informed decisions and advance their missions."

Lahoda has spent most of her career dedicated to the nonprofit sector. She has served as an auditor, CFO, and consultant for various nonprofit organizations.

Continuity of Services

Foundation Group Accounting Services will continue to offer the core bookkeeping services nonprofits have relied on for more than eight years, including:

• Monthly bank account reconciliation
• Statement of Financial Position, Statement of Activities, and Statement of Cash Flow preparation
• Dedicated U.S.-based bookkeepers with nonprofit-specific accounting expertise
• Preferred rates on Foundation Group compliance services
• Best-practice accounting advice and counsel

New and Expanded Services

Building on Nonprofit Suite's boutique accounting model, Foundation Group Accounting Services also provides expanded services for nonprofit organizations with more complex financial and operational needs, including:

• Operational accounting, including cost allocation by program or grant, and monitoring of restricted fund releases
• Full financial reporting packages, including financial dashboards, statements of financial position and activities, and budget-to-actual reporting
• Customized, board-ready reporting formats
• Budget development and audit process support
• Customized grant and funder invoicing and reporting
• Interim CFO services

Availability

Foundation Group Accounting Services is available now to both new and existing clients of Foundation Group and Nonprofit Suite. Organizations can request a consultation with an accounting specialist to determine the appropriate level of support based on their size, complexity, and financial management needs. More information is available at https://www.501c3.org/501c3-services/nonprofit-bookkeeping/.

About Foundation Group

Foundation Group is a Nashville-based provider of nonprofit formation, tax, compliance, and accounting services, and a member of the BryteBridge Group family of companies. For more than 30 years, Foundation Group has helped nonprofit organizations establish and maintain their tax-exempt status, serving more than 50,000 organizations nationwide.

SOURCE Foundation Group