Nonprofit Banking
Designed for Fiscal Sponsors

Unlimited checking accounts. Unlimited debit cards. Unlimited possibilties.

Banking for Nonprofits Built for Compliance, Transparency, and Control

Mazlo is redefining nonprofit banking with a platform built specifically for fiscal sponsors and traditional nonprofit organizations.

Checking Accounts for Every Sponsored Project

Mazlo assigns each of your sponsored projects its own unique checking account number. That means:
• No more spreadsheets to manually track project-level balances
• No risk of commingling funds across initiatives
• Fast, reliable audit preparation with clear transaction history per project
• Clear compliance with 501(c)(3) federal and state financial oversight requirements
Open as many project accounts as needed without additional bank paperwork.

Automate Deposits and Disbursements

Manual deposits and reimbursements slow you down. Mazlo makes it easy to automate every step of the financial pipeline.

Mobile deposits:
Let project leads deposit paper checks using the mazlo mobile app.

Internal transfers:
Move funds between projects or back to your general fund in just a few clicks.

Auto-deductions:
Set up shared cost percentages that automatically deduct from each deposit.

Payment requests:
‍Sponsored projects can submit reimbursement or vendor payment requests through the platform.

Disbursements are logged and categorized in real time, with approval
workflows to match your organization’s structure.

Integrated Smart Cards for Spending Control

Take the risk out of card spending. With Mazlo Smart Cards, you get full control.

Issue physical and virtual debit cards to staff and volunteers

Set transaction limits per card

Automatically block or flag transactions without receipts

Categorize and sync transactions to QuickBooks or Sage

Powerful Integrations

Mazlo plays well with your existing stack: Native integration with QuickBooks Online, Sage Intacct, Stripe, Paypal, Salesforce, Plaid, and Wise
• Automatically sync your chart of accounts
• Reconcile statements faster with built-in tagging and automation
• Export categorized transactions for grant reporting or audits
• Automatically split bulk payouts with enriched donor data
• Sync you account with other payment platforms

Your bookkeeper will thank you.

Track Donations and Campaigns in One Place

Mazlo isn’t just a checking account, it’s your fundraising command center.
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• Create and manage donation campaigns for each project
• Automate donor acknowledgments and tax receipt emails
• Get enriched donor data from Stripe and PayPal

CRM and Grant Tracking Built In

Donors, vendors, and grants don’t live in silos. Mazlo's built-in CRM and grant tracking tools keep everything connected:
‍
‍• Tag transactions by accounting code, grant, contact, and category
• Track grant pledged amounts vs. available balances in real time
• Maintain a searchable contact database for every stakeholder
• Generate reports that show the full lifecycle of grant funds

No more exporting data from 3 tools to create a single report.

Designed for Teams, Not Just Transactions

Most bank accounts are built for one account holder. Mazlo is built for nonprofit teams.

Permission-based access for bookkeepers, project leads, and executive

Approval workflows for disbursements, card transactions, and requests

Centralized dashboards with project-level financials

Granular permissions to protect sensitive data while promoting visibility

Why Choose Mazlo for Nonprofit Banking?

Mazlo is the only online banking platform purpose-built for fiscal sponsors. Here’s why nonprofit leaders switch:

Not just banking

Traditional banks don’t offer audit-readiness, donation tools, or project-level accounts. We do.

Not just software

Unlike donor CRMs or accounting tools, Mazlo gives you access to FDIC-insured checking accounts*, smart cards, and donation campaigns.
*through our partner banks.

All-in-one platform

Banking + books + people = fewer errors, better visibility, and less administrative time.

Compliance by default

Feel confident in your numbers with IRS, state, and grant reporting needs built in.

Nonprofit Banking FAQ

What makes Mazlo different from traditional banking or a credit union?

Mazlo doesn’t just provide access to nonprofit checking accounts, it’s an all-in-one platform designed specifically for the operational, financial, and compliance challenges of fiscal sponsorship. Unlike traditional banks or credit unions, which offer general-purpose checking, Mazlo delivers embedded tools for donation management, grant reporting, automated expense control, and sub-accounting.
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This means nonprofits can manage multiple sponsored projects, track funds per donor or grant, and automate compliance in ways standard financial institutions simply can't support. With Mazlo, you're not retrofitting a for-profit system, you're using one purpose-built for your nonprofit ecosystem.

What if we already have a bank account — can we migrate to Mazlo without disrupting operations?

Yes, you can transition smoothly without interrupting your cash flow or donor activity. We offer guided support so you can keep your old account active while gradually routing payments, payroll, and disbursements through Mazlo.

We’ll help you reassign donation links, update vendors, sync accounting platforms, and phase in smart card usage. This reduces the risk of errors or delays while allowing for a fully customized migration timeline.

How quickly can we onboard and start using Mazlo for our sponsored projects?

Most organizations are live within 4 to 6 weeks, depending on the number of projects and integrations. Our streamlined onboarding includes account creation, user roles setup, and software integrations.

We work closely with your operations and finance teams to ensure everything from donor payment routing to card issuance happens seamlessly. This makes the transition painless, even for teams managing hundreds of sub-projects.

What kind of support or training does Mazlo offer during onboarding?

You’ll be assigned a dedicated onboarding manager who will walk you through every step. From opening accounts to connecting software and training your team. We also offer live support sessions for administrators and project leads.

Beyond launch, you’ll have access to detailed video walkthroughs, help articles, and responsive chat support. We’re committed to setting your team up for success from day one.

Are there limits to the number of checking accounts or smart cards we can issue?

No, Mazlo supports unlimited sub-accounts and card issuance. You can assign a dedicated checking account number to each sponsored project.

You can issue as many virtual or physical smart debit cards as needed, with fine-grained controls and restrictions per cardholder. This ensures both flexibility and accountability.

How does Mazlo handle reconciliation and reporting for audit preparation?

Every transaction is easily tagged, categorized, and synced with your accounting platform. You can generate real-time reports segmented by project, grant, or category.

Receipts are stored digitally, and built-in restrictions prevent transactions from slipping through. With one-click exports and built-in compliance checks, Mazlo makes audit preparation less time-consuming and more accurate.

What controls are in place to prevent misuse of funds by project staff?

Mazlo allows you to create card and account-level controls, define daily spending limits, disable debits from external accounts. You can also require receipts and route every disbursement or reimbursement through a customized approval workflow.
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Admins can see real-time alerts and block cards or freeze funds immediately if irregularities are detected. The result is a strong separation of duties and near-instant visibility into every dollar spent.

How do mobile deposits work with Mazlo?

Your team can use the Mazlo mobile app to take a photo of a check and submit it for deposit directly into their assigned project account. Deposits are tracked by project and show up in the dashboard in near real time.

All deposits are logged with source, timestamp, and project association — providing the documentation needed for donor acknowledgment, grant audits, or general financial transparency.

How does Mazlo handle shared organizational costs?

You can configure automatic percentage-based deductions from each project’s account to support central costs like HR, legal, or software. These deductions are recorded transparently and tracked in real time.

The auto-deduction mechanism eliminates manual calculations and helps projects understand exactly how much is contributing to the parent organization, improving clarity and reducing disputes.

Can I manage grant funds and disbursements through Mazlo?

Yes. Each grant can be linked to a specific project account or tagged across multiple initiatives. You can define spending rules, limit which users can access funds, and monitor remaining balances in real time.

All disbursements and transactions tied to a grant are logged and reportable with supporting documentation. You’ll be able to pull down a full transaction history with just a few clicks.

Can Mazlo accommodate shared revenue or pooled fund models between projects?

Absolutely. Mazlo supports internal transfers between sub-accounts, letting you pool and allocate funds dynamically across your ecosystem. This is ideal for joint programs, co-hosted campaigns, or umbrella funding models.
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You can also tag revenue by source and reassign incoming donations to specific projects or categories, giving you full control over how funds flow across initiatives.

Can we customize approval workflows for disbursements or reimbursements?

Yes. Disbursements and reimbursements can be configured to require multi-step approval and release. Additionally, for smaller organizations, a single user can approve and release these funds.
‍
These workflows are built into the Mazlo platform and work across mobile and desktop, with notification options that keep your team moving while maintaining controls.

Is Mazlo secure and compliant?

Yes. Mazlo follows industry best practices for financial security and compliance. We use encryption in transit and at rest, enforce access control across all accounts, and maintain detailed audit logs.
‍
We're built to support IRS 501(c)(3) regulations, GAAP accounting standards, and common grant reporting frameworks. You get peace of mind knowing compliance is baked into how Mazlo operates.

Designed for Teams, Not Just Transactions

Most bank accounts are built for one account holder. Mazlo is built for nonprofit teams.

Permission-based access for bookkeepers, project leads, and executives.

Approval workflows for disbursements, card transactions, and requests.

Centralized dashboards with project-level financials.

Granular permissions to protect sensitive data while promoting visibility.

Automate Deposits and Disbursements

Manual deposits and reimbursements slow you down. Mazlo makes it easy to automate every step of the financial pipeline.

Mobile deposits

Let project leads deposit paper checks using the Mazlo mobile app.

Internal transfers

Move funds between projects or back to your general fund in just a few clicks.

Auto-deductions

Set up shared cost percentages that automatically deduct from each deposit.

Payment requests

Sponsored projects can submit reimbursement or vendor payment requests through the platform.

Disbursements are logged and categorized in real time, with approval workflows to match your organization's structure.

Integrated Smart Cards for Spending Control

Take the risk out of card spending. With Mazlo Smart Cards, you get full control.

Issue physical and virtual debit cards to staff and volunteers.

Set transaction limits per card.

Automatically block or flag transactions without receipts.

Categorize and sync transactions to QuickBooks or Sage.

Powerful Integrations

Mazlo plays well with your existing stack: native integration with QuickBooks Online, Sage Intacct, Stripe, PayPal, Salesforce, Plaid, and Wise.

Automatically sync your chart of accounts.

Reconcile statements faster with built-in tagging and automation.

Export categorized transactions for grant reporting or audits.

Automatically split bulk payouts with enriched donor data.

Sync your account with other payment platforms.

Your bookkeeper will thank you.

Why Choose Mazlo for Nonprofit Banking?

Mazlo is the only online banking platform purpose-built for fiscal sponsors. Here's why nonprofit leaders switch:

Not just banking

Traditional banks don't offer audit-readiness, donation tools, or project-level accounts. We do.

Not just software

Unlike donor CRMs or accounting tools, Mazlo gives you actual FDIC-insured checking accounts, smart cards, and donation campaigns.

All-in-one platform

Banking + books + people equals fewer errors, better visibility, and less administrative time.

Compliance by default

Feel confident in your numbers with IRS, state, and grant reporting needs built in.