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In a not-so-far-off and distant future, a team of legendary nonprofit accountants sought a magical artifact to banish the evil, unbalanced book monster and retrieve the treasure chest of continued financial prosperity.
Just kidding! While that would be an excellent story to explore further, we’re here to share why more than 6,000 nonprofit organizations turned to MIP Fund Accounting to handle their nonprofit accounting needs. From reporting to budgeting to grant tracking, AR/AP, Human Resources, payroll, and more, MIP has helped nonprofits account for their futures for 40-plus years.
For the fourth consecutive year, MIP is Top Rated on TrustRadius, receiving 10 awards in 2024. TrustRadius determines and issues the awards based on users’ ratings and reviews for MIP product features and the total value the software delivers.
Here’s a curated collection of TrustRadius reviews from nonprofits across the U.S.:
1 ) Upper Mattaponi Indian Tribe
The Upper Mattaponi Indian Tribe uses MIP to handle all the Tribe’s fund accounting needs. Director of Shared Services Karen T., shared, “MIP Fund Accounting is very flexible, and I've been pleasantly surprised at how it can be leveraged to enable your accounting team to work daily. Moving to the Cloud version has been game-changing for our team, and we're continuing to learn and educate ourselves. We use this for our Fund and Grant Accounting which includes general AP, AR, and GL processing along with recording our assets. We load budgets and perform various reporting functions through MIP. MIP allows us to accurately track and align expenses and revenue with the various Funds and Grants that are we managing along with the general operations of the Tribe.”
Read Karen's TrustRadius Review >
2 ) Middle Kentucky Community Action Partnership
Middle Kentucky Community Action Partnership provides necessary services to low-income families in Eastern Kentucky in Breathitt, Lee, Owsley, and Wolfe counties. They’re using MIP for all their accounting functions, including AR/AP, fixed asset and purchase tracking, handling payroll, and producing W2s, 1095s, and 1099s.
CFO Chris C., said, “MIP Fund Accounting is well suited to any company that has multiple funding sources and expenses that they need to keep a close track on. In nonprofit organizations, we are looked at closely and it is important to be able to accurately show where our revenue comes from and where it is going. MIP Fund Accounting can handle that easily.”
Read Chris' Trust Radius Review >
3 ) Benton Franklin Workforce Development Council
Benton Franklin Workforce Development Council supports local businesses, workers, and job seekers in their efforts to continuously drive community prosperity across Washington State. Executive Jan W. said they are using MIP to reduce staff time handling complex cost allocations:
“We have a fairly complex cost allocation process and MIP Fund Accounting works well to reduce the staff time needed. The ability to create customized reports is a big plus, especially for board requests and detailed reports by fund or grant or division.”
Read Jan's TrustRadius Review >
4 ) Rolling Hills Clinic
Rolling Hills Clinic keeps the residents of Tehama County, Calif. healthy while leveraging MIP to keep their financials, accounting, and grant reporting in top shape. Executive Director Erich K., had this to say, “MIP is a great accounting software program if you work in the FQHC world or where you have a ton of grants you have to keep track of.”
The clinic uses MIP for its budgets, fixed assets, payables, bank reconciliation, and more. Plus, MIP assists with grant tracking. “[MIP] allows me to track my grants many ways so I stay compliant with the Federal Government. The system is easy to use and allows me to even scan in documents like invoices so I can retrieve them later on.”
Read Erich's TrustRadius Review >
Ready to be the hero of your nonprofit’s financial story?
This Nonprofit Accounting Buyer's Guide highlights how an accounting solution should work in different nonprofit scenarios, including essential features to look for and how to get started and get the most out of the software.
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