Altruic Advisors
Altruic Advisors says it provides services exclusively for nonprofits. Altruic Advisors, PLLC has offices in Michigan, Colorado, and Minnesota and works with organizations nationwide, remotely and on site.
- Type
- Service
- Cost model
- Quote-based
- Nonprofit terms
- Nonprofit-only firm
- Last reviewed
- October 7, 2026
What is Altruic Advisors?
Altruic Advisors says it provides services exclusively for nonprofits. Altruic Advisors, PLLC has offices in Michigan, Colorado, and Minnesota and works with organizations nationwide, remotely and on site. Use this page to see what it offers and what to ask before you hire a nonprofit audit and accounting firm.
Services
- Nonprofit accounting
- CFO services
- Audits and reviews
- Form 990 preparation
- Consulting
About the firm
Altruic Advisors was founded in 2012 by Ryan Hagan, a CPA and Certified Fraud Examiner who has worked with nonprofits since 1995 and holds CPA licenses in Michigan, Colorado, the District of Columbia, Minnesota and New York. The firm’s team page lists 16 people. Altruic became a Certified B Corporation in 2022 and says it gives more than 20% of its annual profits to charitable causes.
Who it works with
Altruic says all of its clients are nonprofits, including public charities, private foundations, professional associations, social welfare organizations, churches, Community Action Programs and labor unions. It works remotely and on site from offices in Michigan, Colorado and Minnesota.
Services and how engagements work
Besides audits and reviews, Altruic offers CFO Solutions, an outsourced accounting service with quarterly financial statements, grant and restricted fund tracking, functional expense allocation and automated accounts payable through BILL, billed as a flat monthly fee. It prepares Forms 990, 990-EZ, 990-N, 990-PF and 990-T. Its audit page notes that a review may be enough for organizations under $500,000 in revenue, and it links to its 2025 peer review report.
Fees
Altruic’s audit page says a full audit often costs $12,000 to $25,000, and that a review typically costs about half as much.
Free resources from the firm
Firm details checked on its website on October 7, 2026.
Before you hire an auditor
- License in your state. Audits are performed by licensed CPA firms. Confirm the firm can practice in your state, especially if it works with you remotely.
- Peer review. Ask for the firm’s most recent peer review report.
- Single Audit. If your organization expends $1,000,000 or more in federal awards in a fiscal year, it needs a Single Audit under 2 CFR 200.501. Ask whether the firm performs them.
- Scope and fee. Ask what the engagement letter covers (audit, Form 990, management letter) and how the fee is set.
Before you hire an accounting firm
- Who does the work. Ask who keeps your books and who reviews them.
- Software and access. Ask which accounting system the firm uses and who owns the file if you leave.
- What is included. Check whether Form 990, grant tracking, payroll, and audit support are in the monthly fee or billed separately.
- Contract terms. Ask about minimums, notice periods, and onboarding or cleanup fees.
Details come from the Altruic Advisors website, checked October 3, 2026.
Federal single audit record
The Federal Audit Clearinghouse, the federal government’s public database of single audits, lists Altruic Advisors as the auditor on 25 single audits of nonprofit organizations for fiscal years 2021 through 2025. The audited organizations were in Michigan, Colorado and Minnesota.
| Fiscal year | Nonprofit single audits |
|---|---|
| 2021 | 5 |
| 2022 | 5 |
| 2023 | 4 |
| 2024 | 5 |
| 2025 | 6 |
Those organizations reported between $895K and $11.6 million in federal award spending for the year audited (median $2.5 million). The single audit threshold was $750,000 in federal awards spent for fiscal years starting before October 1, 2024, and is $1,000,000 for fiscal years starting on or after that date (how the threshold works).
The largest organizations in the 2025 records include Jewish Family Services of Washtenaw County, Inc., Food Gatherers, Chama Peak Land Alliance, Michigan Peer Review Organization, Ozone House, Inc. and Habitat for Humanity of Huron Valley. These are public filings, not client endorsements.
Counted from FAC records on October 7, 2026, one report per organization per year. Recent years are incomplete: a single audit is due nine months after the fiscal year ends.
Best For
Nonprofits that want one firm for audits or reviews, Form 990 and outsourced accounting, with remote or on-site work. A fit for organizations deciding between an audit and a review.
Where it stands out
Altruic can handle monthly accounting, the 990 and the audit, and is a Certified B Corporation giving over 20% of profits to charity.
Good fit if: You want monthly accounting and your audit or review from one nonprofit CPA firm.
Watch for: Doesn't publish its monthly accounting price.
Published price: Quote (CFO Solutions is a flat monthly fee; audits $12,000–$25,000)
Before You Hire
Eligibility and availability
Works only with nonprofit organizations.