St. Joseph Financial Services

What St. Joseph Financial Services does

St. Joseph Financial Services (SJFS; DBA "SJFS") is a privately-held US firm that provides outsourced accounting, accounts payable, expense management, payroll, and financial reporting services exclusively to Catholic institutions — dioceses, chanceries, parishes, schools, and ministries. The company operates three core service lines (Schools, Parishes, Chanceries), each delivered via a dedicated Client Advisor model supported by AP/bookkeeping, payroll, and Parishsoft specialists. SJFS does not build its own accounting system; instead it implements and operates on top of best-in-class third-party platforms — Sage Intacct (certified partner), QuickBooks Online (Elite ProAdvisor), Bill.com, Expensify, Gusto, FACTS for Grant & Aid, and Parishsoft — and layers customized online deposit/check request forms, a tuition calculator, and a diocesan financial reporting suite on top of that stack.

The business model is recurring, engagement-based fee-for-service, sized to client organization and scope, with a sales-led enterprise field motion (Client Advisors assigned per account) complemented by a self-serve client portal (cp.stjfs.org) for ticket submission and account access. Target buyers are primarily Catholic diocesan chanceries, parish clusters, and K-12 Catholic schools, with deep mission alignment and cultural fit as explicit selection criteria. The company positions itself with the operating thesis that accurate and timely financial data enables ministry, and that specialized vertical focus — rather than generalized accounting expertise — is the binding constraint for Catholic institutions.

SJFS was founded in 2018 in San Jose, California with space and support from then-Bishop Patrick McGrath, and subsequently relocated its headquarters to South Bend, Indiana while maintaining a distributed remote workforce. As of the available data, the firm reports 1-10 employees, has added multiple executive hires through 2023-2024 (COO, Chief of Staff, Director of Marketing and Experience, Payroll Product Manager) alongside a growing bench of Client Advisors across regions including the Archdiocese of Los Angeles, and serves clients across the United States. No external funding rounds, M&A, or parent company relationships are disclosed.

Name

St. Joseph Financial Services

Legal name

St. Joseph Financial Services

Website

https://stjfs.org

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

St. Joseph Financial Services is a US firm that delivers outsourced accounting, accounts payable, payroll, and financial reporting services exclusively to Catholic dioceses, parishes, schools, and ministries, using a dedicated Client Advisor model on top of Sage Intacct, QuickBooks Online, Bill.com, and other best-in-class platforms.

Ownership category

akta.pro rank

Product category

Outsourced Accounting Services for Nonprofit / Faith-Based Institutions

NAICS

Finance and Insurance (52)

SIC

Finance Services (6199)

akta.pro primary industry

Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

akta.pro secondary industries

Revenue Cycle & Tuition Billing/Collections Support (Student Accounts BPO) (EDAEALAN), Payments, Cashiering & Payment Plans (EDALAJAE)

Keywords

• Outsourced accounting services
• Catholic school finance
• Parish bookkeeping
• Diocesan financial reporting
• Nonprofit back office

Headquarters

HQ city

San Jose

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Outsourced Accounting Services: Comprehensive outsourced accounting, bookkeeping, payroll processing, and financial reporting services for Catholic organizations. Revenue likely generated through recurring service fees, potentially tiered by organization size or service scope.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

St. Joseph Financial Services provides outsourced back-office financial services exclusively to Catholic institutions in the United States. Its core offering bundles accounts payable processing, expense management, bookkeeping, payroll processing, and financial reporting into three service lines tailored for Catholic schools, parishes, and diocesan chanceries. The firm combines dedicated Client Advisors with certified expertise in cloud accounting platforms (Sage Intacct, QuickBooks Online, Bill.com, Expensify, Gusto, FACTS, ParishSoft) to help Catholic organizations close books on time and free staff for ministry.

Product overview

St. Joseph Financial Services is a specialized outsourced accounting firm serving Catholic institutions (dioceses, parishes, schools, and chanceries) with the motto 'More Time Ministering. Less Time Administering.' The company offers three core service lines: Outsourced Accounting Services for Schools, Outsourced Accounting Services for Parishes, and Outsourced Accounting Services for Chanceries. These services include accounts payable processing, expense management, bookkeeping, payroll services, and financial reporting. The company leverages technology platforms including Sage Intacct, QuickBooks Online, Bill.com, Expensify, Gusto, and FACTS Grant & Aid for tuition management. The firm is headquartered in South Bend, Indiana with remote team members across the country.

Differentiator

Problem solved

Functional benefit

Products and services

• Outsourced Accounting Services for Schools Comprehensive back-office financial services for Catholic schools including accounts payable processing, bookkeeping, payroll management, and financial reporting, enabling school staff to focus on academics and ministry rather than administration.
• Outsourced Accounting Services for Parishes Financial services for Catholic parishes including AP processing, expense management, bookkeeping, and payroll support, delivered via a dedicated Client Advisor, ParishSoft specialists, and AP & Bookkeeping Specialists.
• Outsourced Accounting Services for Chanceries Diocesan-level financial services including accounts payable processing, expense management, and financial reporting using Sage Intacct, Bill.com, and Expensify platforms, enabling centralized financial consolidation across parish and school networks.
• Tuition Calculator Tool

Quantifiable outcome

• Huge improvements in cash understanding for Big Shoulders Fund — no more last-minute requests for payroll
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Big Shoulders FundcoreStrategic or Co-development Partner · 1 January 2021For the past 2+ years, SJFS has worked alongside Big Shoulders Fund to streamline back-office accounting processes for the organization serving Catholic schools with demonstrated need in the greater Chicago area. SJFS team lead Mark Mannerino works directly with the organization to serve affiliated schools.
• Sage IntacctcoreTechnology or IntegrationCertified Sage Intacct partner providing cloud-based financial management and reporting for Catholic dioceses and schools. SJFS displays Sage Partner badge on website.
• Bill.comcoreTechnology or IntegrationBill.com is used as part of SJFS's technology stack for bill pay and accounts payable automation for chancery and diocesan clients.
• QuickBooks OnlinecoreTechnology or IntegrationElite QuickBooks ProAdvisor badge holder. QuickBooks Online is offered as part of SJFS's accounting software options for parishes.
• Diocese of San JosecoreStrategic or Co-development PartnerOne of SJFS's founding client-dioceses. Bishop Patrick McGrath gave space for SJFS to launch in its original San Jose location in 2018. Diocese serves as a reference client.
• Diocese of Lake CharlesminorStrategic or Co-development PartnerDiocese of Lake Charles implemented Sage Intacct through SJFS's services, featured in a case study video.

Scale indicators2 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Armanino LLP: Tech-forward top-20 US accounting firm with strong outsourced accounting practice and Sage Intacct partnership (overlapping SJFS's tech stack). Comparable in modern delivery model but serves a much broader client base.
• CliftonLarsonAllen (CLA): Top-10 US accounting firm with a strong faith-based and nonprofit practice serving churches, schools, and religious organizations. Provides outsourced accounting services similar to SJFS but as a broad incumbent rather than a Catholic-exclusive specialist.
• Baker Tilly US: Large national accounting and advisory firm with a dedicated nonprofit and religious organizations practice. Comparable to SJFS in delivering accounting/reporting services to faith-based institutions, but at significantly larger scale and as part of a broader portfolio rather than a Catholic-exclusive focus.
• FORVIS (formerly BKD): Major accounting firm with a sizable nonprofit, education, and religious institutions practice. Overlaps with SJFS in serving faith-based schools and dioceses but offers a much broader portfolio of audit, tax, and advisory services.

Direct peers

• Pilot.com: Tech-enabled outsourced bookkeeping and accounting firm that delivers recurring finance operations to SMBs and small institutions. Comparable to SJFS in delivery model (technology + dedicated specialists, subscription pricing) but focused on venture-backed startups rather than Catholic institutions.
• 1-800Accountant: Subscription-based outsourced accounting, bookkeeping, and tax service for small businesses and nonprofits. Similar recurring service model and SMB/institutional target segment, though broader than Catholic-exclusive.
• Catholic School Management (Diocese of Pittsburgh affiliate): Consulting and management services firm focused exclusively on Catholic schools and dioceses, providing operational, financial, and HR advisory. Most directly comparable to SJFS in mission and target market, though more consulting-led than outsourced-accounting-led.

Emerging players

• Botkeeper: AI-driven bookkeeping and accounting automation provider serving SMBs and accounting firms. Competes with SJFS at the bookkeeping/automation layer and could similarly target nonprofits and faith-based institutions over time.
• ParishSoft: Catholic-specific parish and diocesan management software vendor. SJFS integrates ParishSoft and has dedicated ParishSoft specialists, but ParishSoft sits adjacent and could expand into outsourced services, making it both a partner and a potential competitor in the same niche.

Others

• Diocesan Fiscal Management Conference (DFMC): Association of Catholic diocesan CFOs and finance officers that convenes finance leaders across US dioceses. Not a commercial peer but an influential ecosystem participant that shapes procurement decisions affecting SJFS's buyer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/StJoeFinancial
• YouTubeyoutube.com/@st.josephfinancialservices66/featured
• LinkedInlinkedin.com/company/st-joseph-financial-services

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about St. Joseph Financial Services