Sacramento-based Daily Balance said it assists nonprofits in optimising their financial operations. Credit: TStudious/Shutterstock.

Daily Balance, a US nonprofit accounting firm, has opened a new office in Bakersfield, California.  

This expansion is in line with the firm’s goal of delivering “reliable accounting solutions” to nonprofit organisations throughout the US state, the company said.  

Set up in 1999, Daily Balance offers services such as nonprofit bookkeeping, financial audit representation, and virtual CFO advisory services. 

Sacramento-based Daily Balance said it assists nonprofits in optimising their financial operations, helping them reduce administrative costs by up to 40%.  

The new Bakersfield office aims to extend this customised support to more local organisations. 

It will provide comprehensive services tailored to the unique needs of nonprofits.  

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These services include maintaining accurate, auditable records with responsive daily assistance, preparing audit-ready financials for a smooth audit process, and offering expert financial advice, strategic planning, and funding support through its CFO advisory services. 

Daily Balance founder and managing principal Syd Highley said: “As a Bakersfield nonprofit bookkeeping partner, we know that effective financial management is about empowering nonprofits to make impactful decisions.  

“We are excited to bring our expertise to Bakersfield, where we look forward to making a difference for local nonprofits through strategic support and financial guidance.” 

In December 2024, Daily Balance also opened an office in New York City to extend its services to nonprofit organisations on the East Coast. 

“As a nonprofit accountant in New York City, we know that sound financial management is essential to advancing impactful programs. Our goal is to empower nonprofits with the financial insight to make confident decisions, impress their boards, and secure essential funding,” Highley said at the time.  

The New York City office provides the same range of services as the Bakersfield location.