Non-Profit Organizations

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We can help you setup and maintain your non-profit  organization's tax-exempt status by handling all the IRS reporting for you.


Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which  includes the following items.


  1. Income Statement with very specific revenue and expense categories  like donations, salaries, postage, rent...
  2. Balance Sheet with specific categories like cash, accounts receivable, accounts  payable...
  3. Functional Expense Statement with all the expenses allocated to either program  services, fundraising, or operations.
  4. Individual Program Expense Statement that reports all of the expenses for each  program or service like seminar programs or educational mailings.
  5. Revenue Support Schedules that detail the organization's sources of income in specific  categories like charitable donations, membership fees, investment income.


The IRS uses these very specific revenue and expense classifications to determine if your organization will  retain its tax-exempt status. So it's imperative that you build your accounting system around these revenue and  expense classifications.


Here's what we do for you...


  • Review and compile your financial statements
  • Design, install, and maintain your Accounting System
  • Weekly, bi-weekly, or monthly payroll preparation
  • Payroll Tax Preparation and Deposits
  • Provide training for your accounting personnel
  • Complete and file your non-profit status application
  • Provide training for your board on non-profit financial statement usage and effective budgeting  practices
  • Prepare and file the 990 and 990T tax forms
  • Prepare your initial start-up documentation, including incorporation, federal employee  identification number (FEIN), and payroll setup with federal and state agencies.
  • Churches: We prepare the pastoral housing allowance and other required benefit  documentation to meet the complex dual status of ministers.


If you're starting a new not-for-profit organization we can help you prepare  your organization's 501 (c)(3) application for tax-exempt status.