- Home
- Fund Accounting Software
- FastFund Accounting
FastFund Accounting
FastFund Accounting · Chapel Hill, North Carolina, United States · founded 1984
What it is
FastFund Accounting is web-based nonprofit accounting software for managing funds, grants, programs, departments, budgets, and financial reporting. It tracks restricted, unrestricted, grant, program, and project activity through a user-defined six-segment chart of accounts. The software produces FASB-compliant statements, including financial position, activities, functional expenses, and cash flow, and generates data for IRS Forms 990-N, 990-EZ, and 990. Plaid retrieves bank data daily from institutions in the United States and Canada. Reports can be exported to Excel, CSV, HTML, and PDF, with an audit trail included. FastFund Online runs in a browser on Windows, Mac, and other devices without special installation. The maker says transit data uses 256-bit SSL encryption, sensitive payment and bank information is encrypted in its database, and account data is backed up nightly. Standard costs $50 a month; Premium costs $110 a month. Add-ons include user seats, accounts payable and receivable, allocations, purchase orders, and fundraising. A free trial is available, with no duration stated.
For and against
For
- Tracks restricted and unrestricted funds
- Generates FASB-compliant statements
- Supports IRS Form 990 data
- Daily Plaid bank integration
- Nightly cloud-based backups
Against
- Standard costs $50 a month
- Premium costs $110 a month
- Add-ons carry separate monthly charges
The verdict
FastFund Accounting combines nonprofit fund tracking, reporting, banking, and compliance-oriented outputs in a browser-based system. Its tiered plans and add-ons let organizations select accounting and user capabilities, with costs starting at $50 a month.
Who it suits
FastFund Accounting is designed for nonprofits, including human services, arts and culture, faith-based organizations, education, health, foundations, and grantmakers.
Plans and prices
Standard
Cash based accounting · Fund accounting · Six segment account number · Budgeting
Read 29 Sep 2026 · araize.com
Premium
All Standard features · Accrual based accounting · Accounts payable · Accounts receivable
Read 29 Sep 2026 · araize.com
Direct Cost Allocations add-on
Direct cost allocations
Read 29 Sep 2026 · araize.com
Accounts Payable add-on
Accounts payable
Read 29 Sep 2026 · araize.com
Multi-User (2) add-on
2 users
Read 29 Sep 2026 · araize.com
Accounts Receivable add-on
Accounts receivable
Read 29 Sep 2026 · araize.com
Purchase Orders add-on
Purchase orders
Read 29 Sep 2026 · araize.com
Fundraising Bundle add-on
Fundraising bundle
Read 29 Sep 2026 · araize.com
Indirect Cost Allocations add-on
Indirect cost allocations
Read 29 Sep 2026 · araize.com
On the record
- Audit trail
- Yesaraize.com · read 19 Sep 2026
- Backups
- The maker says FastFund account data is backed up nightly to cloud-based files.araize.com · read 29 Sep 2026
- Bank integration
- Bank integration uses Plaid to retrieve bank data daily and supports institutions in the United States and Canada.araize.com · read 29 Sep 2026
- Data exports
- Reports can be exported to Excel, CSV, HTML, and PDF.araize.com · read 29 Sep 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 · read 29 Sep 2026
- Form 990
- It generates data for IRS Forms 990-N, 990-EZ, and 990.araize.com · read 29 Sep 2026
- Fund accounting
- It tracks restricted, unrestricted, grant, program, and project activity using a user-defined chart of accounts with six segments.araize.com · read 29 Sep 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 · read 29 Sep 2026
- Purpose
- FastFund Accounting is nonprofit accounting software for managing funds, grants, programs, departments, budgets, and financial reporting.araize.com · read 29 Sep 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 · read 29 Sep 2026
- Paid from
- 50araize.com · read 19 Sep 2026
- Support
- The license includes unlimited telephone and email support, and Araize also offers monthly training webinars and online video training.araize.com · read 29 Sep 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 · read 29 Sep 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 · read 29 Sep 2026
