Cobalt provides an integrated operating system for nonprofits that consolidates fund accounting, compliance, fiscal sponsorship, and reporting into a single platform. By automating back‑office tasks and maintaining continuous regulatory oversight, the solution lets organizations launch new initiatives in days rather than years and keep restricted funds properly managed. The system is built on a decade of experience guiding charitable capital, enabling nonprofit teams to focus on mission‑critical work.
Funding
Funding not disclosed
Founders
Product
Problem
Nonprofit organizations often manage fund accounting, compliance, fiscal sponsorship, and reporting using disparate tools and manual processes, leading to administrative overload, risk of regulatory errors, and delayed program launches.
Solution
Cobalt offers a unified operating system that consolidates all back‑office functions required by modern philanthropy. The platform automates fund accounting while ensuring restricted dollars remain restricted, continuously monitors compliance with IRS and state regulations, and streamlines fiscal sponsorship and reporting workflows. By centralizing these tasks, Cobalt reduces the need for multiple systems and manual data entry, allowing nonprofits to launch new initiatives in days rather than months. The system’s regulatory‑focused design provides real‑time alerts and audit trails, helping organizations maintain tax‑exempt status and donor trust. Users access the platform through a web interface that integrates with existing financial and governance tools, delivering a single source of truth for charitable capital.
Target Audience
Primary customers are nonprofit executives, finance directors, and board chairs who need a reliable, compliant back‑office solution, as well as fiscal sponsors managing multiple charitable entities.
Features
- Integrated fund accounting engine that enforces donor intent and tracks restricted versus unrestricted funds
- Continuous compliance monitoring with automated alerts for IRS 501(c)(3) and state filing requirements
- Fiscal sponsorship module that manages multiple grantor relationships and disbursement workflows
- Consolidated reporting suite generating donor statements, grant reports, and board dashboards
- API connectors for seamless data exchange with accounting software, donor management systems, and board portals
- Role‑based access controls and audit logs to support governance and transparency