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Aplos Software

From Wikipedia, the free encyclopedia

Aplos Software is a privately held company that specializes in software as a service for nonprofit organizations. Their primary focus is software to manage the nonprofit tasks of fund accounting, nonprofit tax preparation, and donor management for small, mid-sized, and large non-profit organizations.

History

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Aplos Software was founded in 2009 in Fresno, California by Dan Kelly and Tim Goetz, a certified public accountant. Tim Goetz previously served as an executive pastor of a church and helped found two nonprofits. He couldn't find the low-cost fund accounting solution he wanted for his nonprofits, so he joined with a Fresno-based investor that shared his vision to serve the nonprofit sector with simple, affordable software and founded Aplos Software.[1]

  • After initially developing a desktop fund accounting software program, in 2011 Aplos Software launched its fund accounting software, Aplos Accounting, as an online product, also known as software as a service, tailored specifically to small and mid-sized non-profit organizations and religious corporations.[2]
  • The company raised over $3.4 million in funding through an angel investor to expand the development of its web-based nonprofit software suite, $2 million of which was raised in 2014.[3]
  • Aplos launched an integration with Church Community Builder, a church management platform in January 2016.[4][5]
  • In February 2016, Aplos raised $4 million in additional funding through a private venture capital fund.[6]
  • In June 2017, Aplos announced a merger with Portalbuzz, a membership management platform that specializes in software and website portals for service clubs.[7]
  • Aplos and Gusto (software), a payroll and HR platform, launched an integrated solution for payroll and reimbursements to be tracked within the accounting of nonprofits and churches.[8]

Key Areas of Development

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In October 2012, Aplos Software launched Aplos Oversight, an online software which provides an administrator or accountant real-time access to the accounting of multiple organizations.[9]

Form 990 Preparation

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In summer of 2012, Aplos Software was approved as an IRS efile provider to submit IRS tax forms on behalf of tax-exempt organizations and in October 2012 launched Aplos e-File, a tax preparation and filing software for IRS Form 990-N.[10] IRS Form 990-N is an annual electronic IRS filing for tax-exempt organizations with less than $50,000 in annual gross receipts.

Donor Management

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Aplos Software launched a contributions management module in 2012 that tracked donations within Aplos Accounting and created contribution statements, which are annual giving receipts required by the IRS. In July 2013 it began offering a donor management module, and in May 2017 it expanded on its module to launch a stand-alone product as Aplos Donor Management.

See also

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References

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  1. ^ "Tim Goetz, CPA - 2015 40 Under 40 Honoree". CPA Practice Advisor. September 14, 2015. Retrieved 9 March 2018.
  2. ^ Johnson, Randy. "Aplos Software Review". AccountingSoftwareWorld.com. K2 Enterprises. Retrieved 18 July 2013.
  3. ^ Dillard, Gabriel (April 14, 2014). "Fresno technology firm raises $2M in investment". The Business Journal. Archived from the original on 21 May 2014. Retrieved 12 May 2014.
  4. ^ Segedin, Andy (January 23, 2017). "Channeling the Wants and Needs of Users, What Does the Future Hold for Nonprofit Accounting?". The Nonprofit Times. Retrieved 9 March 2018.
  5. ^ "Aplos and Church Community Builder Announce API Integration". Aplos.com. Aplos. Retrieved 9 March 2018.
  6. ^ "Fresno software firm gets $4 million in venture capital". Fresno Bee. February 10, 2016. Retrieved 9 March 2018.
  7. ^ "Aplos, Portalbuzz Announce Deal". The Nonprofit Times. June 26, 2017. Retrieved 9 March 2018.
  8. ^ "Gusto and Aplos Join Hands to Build New Application for Non-Profits". HR Technologist. January 10, 2018. Retrieved 9 March 2018.
  9. ^ Fineberg, Seth (10 October 2012). "Aplos Software Adds Admin Product to NP Cloud Accounting Suite". Accounting Today. Archived from the original on 13 July 2013. Retrieved 17 July 2013.
  10. ^ O'Bannon, Isaac (24 October 2012). "Free e-Filing of Form 990-N for small nonprofits". CPA Practice Advisor. Retrieved 17 July 2013.
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