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FastFund Accounting
What FastFund Accounting is
FastFund Accounting is web-based nonprofit accounting software for managing funds, grants, programs, departments, budgets, and financial reporting. It tracks restricted and unrestricted funds alongside grant, program, and project activity using a user-defined chart of accounts with six segments. It generates FASB-compliant statements, including the Statement of Financial Position, Statement of Activities, functional expenses, and Statement of Cash Flow, as well as data for IRS Forms 990-N, 990-EZ, and 990. Bank integration uses Plaid to retrieve data daily from institutions in the United States and Canada. Reports can be exported to Excel, CSV, HTML, and PDF, and an audit trail is included. FastFund Online runs in a browser and the maker says it works on Windows, Mac, and other devices without special installation. The Standard plan costs $50 a month; Premium costs $110 a month. A free trial is offered, with no duration stated. The maker says data in transit is protected with 256-bit SSL encryption, sensitive payment and bank information is encrypted in its database, and account data is backed up nightly.
Who it suits
FastFund Accounting is for nonprofits that need fund accounting, grant and project tracking, budgeting, and financial statements. The maker names community services, arts and culture, faith-based organizations, education, health and wellness, and foundations among its audiences.
What it does well
- Tracks restricted and unrestricted funds.
- Generates FASB-compliant financial statements.
- Supports IRS Forms 990-N, 990-EZ, and 990.
- Plaid retrieves bank data daily.
- Free trial is available without a credit card.
What to know first
- No free plan is available.
- Standard is $50 a month.
- Premium costs $110 a month.
Limits
Standard costs $50 a month and covers cash-based accounting.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| Standard | $50/month · Cash based accounting · Fund accounting · Six segment account number · Budgeting · Project tracking · FASB compliant financial statements · Bank integration · Transaction import · Recurring transactions · Expense and revenue allocations · 990 reporting | $50 a month |
| Premium | $110/month · All Standard features · Accrual based accounting · Accounts payable · Accounts receivable · Direct cost allocations | $110 a month |
| Direct Cost Allocations add-on | $22/month · Direct cost allocations | $22 a month |
| Purchase Orders add-on | $22/month · Purchase orders | $22 a month |
| Accounts Receivable add-on | $22/month · Accounts receivable | $22 a month |
| Multi-User (2) add-on | $22/month · 2 users | $22 a month |
| Accounts Payable add-on | $22/month · Accounts payable | $22 a month |
| Fundraising Bundle add-on | $25/month · Fundraising bundle | $25 a month |
The first 8 of 10 plans, as araize.com lists them, read 29 Sept 2026. The maker's own page has the final word. Every plan
Getting started
- Visit https://araize.com/fastfund-nonprofit-fund-accounting/.
- Use FastFund Online in a web browser on Windows, Mac, or another device.
- Choose Standard or Premium based on the accounting features you need.
- Connect bank data through Plaid for supported institutions in the United States or Canada.
Verdict
FastFund Accounting covers nonprofit fund tracking, reporting, and tax-form data in a browser-based service. Its plans and trial offer a way to assess fit, though the trial length is unspecified.
Questions
How much does FastFund Accounting cost?
Standard costs $50 a month. Premium costs $110 a month.
Is there a free plan or trial?
There is no free plan, but the maker offers a free trial with sample nonprofit data and no credit card required.
What does Standard include?
Standard includes cash-based and fund accounting, budgeting, project tracking, bank integration, transaction import, recurring transactions, allocations, FASB-compliant statements, and 990 reporting.
Which platforms does FastFund Online support?
It runs in a web browser and the maker says it works on Windows, Mac, and other devices without special software installation.
What does Premium add?
Premium includes all Standard features plus accrual-based accounting, accounts payable, accounts receivable, and direct cost allocations.
Facts from FastFund Accounting's own pages
- Audit trail
- Yes · araize.com, 19 Sept 2026
- Backups
- The maker says FastFund account data is backed up nightly to cloud-based files. · araize.com, 29 Sept 2026
- Bank integration
- Bank integration uses Plaid to retrieve bank data daily and supports institutions in the United States and Canada. · araize.com, 29 Sept 2026
- Data exports
- Reports can be exported to Excel, CSV, HTML, and PDF. · araize.com, 29 Sept 2026
- Financial statements
- It generates FASB-compliant statements including the Statement of Financial Position, Statement of Activities, functional expenses, and Statement of Cash Flow. · araize.com, 29 Sept 2026
- Form 990
- It generates data for IRS Forms 990-N, 990-EZ, and 990. · araize.com, 29 Sept 2026
- Founded
- 1984 · araize.com, 28 Sept 2026
- Free plan
- No · araize.com, 19 Sept 2026
- Fund accounting
- It tracks restricted, unrestricted, grant, program, and project activity using a user-defined chart of accounts with six segments. · araize.com, 29 Sept 2026
- Headquarters
- Chapel Hill, North Carolina, United States · araize.com, 28 Sept 2026
- Platform
- FastFund Online runs in a web browser and the maker says it works on Windows, Mac, and other devices without special software installation. · araize.com, 29 Sept 2026
- Purpose
- FastFund Accounting is nonprofit accounting software for managing funds, grants, programs, departments, budgets, and financial reporting. · araize.com, 29 Sept 2026
- Security
- The maker says data in transit is protected with 256-bit SSL encryption and particularly sensitive payment and bank account information is encrypted in its database using AES. · araize.com, 29 Sept 2026
- Paid from
- 50 · araize.com, 19 Sept 2026
- Support
- The license includes unlimited telephone and email support, and Araize also offers monthly training webinars and online video training. · araize.com, 29 Sept 2026
- Trial
- The maker offers a free trial with hands-on access, sample nonprofit data, and no credit card required; it does not state the trial duration on the trial page. · araize.com, 29 Sept 2026
- Who it serves
- The maker describes FastFund as built for nonprofits, including human and community services, arts and culture, faith-based organizations, education, health and wellness, and foundations and grantmakers. · araize.com, 29 Sept 2026
Where FastFund Accounting stands on Freedom251
- Fund Accounting Software#21 of 70
- Accounting software#22 of 69
- Nonprofit Accounting Software#11 of 25