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For finance teams
See restrictions, exceptions and supporting evidence before close, reporting or audit. Althea keeps your accounting system as the system of record and maintains the fund model around it.
How it treats your books
Your ledger stays the ledger.
Althea connects to your accounting system and builds around it. It does not replace it.
Deterministic where it matters.
Balances, releases, utilization and safe-to-spend are computed by versioned rules.
Evidence on every number.
Each figure links to its inputs, the rule applied and the documents behind it.
Controls, not just visibility.
Classifications, corrections and releases require authorized approval.
Grant reporting
Each grant carries its award, period, allowable uses and reporting schedule. Althea tracks utilization and trajectory so you see risk months before the report is due.
Funds · utilization vs. time
Illustrative example| Fund | Award | Utilized | Remaining | Status |
|---|---|---|---|---|
| Youth Expansion Grant | $300,000 | 78% | 4 mo | Attention |
| Youth Program Fund | $240,000 | 56% | 9 mo | On track |
| Community Health Match | $100,000 | 31% | 15 mo | On track |
| Arts Access Gift | $42,000 | 0% | — | Terms pending |
See it in the product