Non-Profit Organizations

We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.  Non-profits are entitled to a 20% discount from our standard fees.

1. Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent...

2. Balance Sheet with categories such as 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 (for example seminar programs or educational mailings).

5. Revenue Support Schedules that detail the organization's sources of income in specific categories such as charitable donations, membership fees, and investment income.

The IRS uses these revenue and expense classifications to determine if your organization will retain its tax-exempt status and granting authorities use your Form 990 to see that you are spending money wisely. So it's important that you build your accounting system around these classifications.

Here's what we can do for you...

• Compile your financial statements

• Design, install, and maintain your accounting system

• Process your weekly, bi-weekly, or monthly payroll

• Prepare your payroll tax deposits and quarterly filings

• 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 the establishment of governance policies

• Prepare and file the 990 and 990-T tax forms

• Request your initial federal employer identification number (FEIN) and payroll account numbers 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 non-profit organization we can help you prepare your organization's 501 (c)(3) application for tax-exempt status.

Here's what's needed...

• Articles of Incorporation containing the Exempt Purpose Statement as described in IRS Code section 501(c)(3) and defined in Treasury Regulation 1.501(c)(3)-1 Paragraph d and the Dissolution Statement described in Treasury Regulation 1.501(c)(3)-1 Paragraph b subparagraph 4 ("Organizational Test").

• Employer Identification Number

• By-laws of the Organization

• Minutes of Board Meetings

• Names, Addresses, and Resumes of Board Members

• Names and addresses of all Active Members

• Inventory of Assets like cash, furniture, equipment, property, pledges...

• Inventory of Liabilities like mortgages, accounts payable, loans...

• Rent/Lease Agreements and Contracts

• Revenue and Expense Statements for the last four years or as far back as possible if your organization has been in existence for less than four years.

• Written Reason for Formation and History of the organization.

• Organization Mission Statement or statement of faith/beliefs for religious organizations.

• Organization Activities, Operations and Programs Documentation including your statement of purpose & operations, description of established programs such as food programs, fundraisers, flyers/brochures/pamphlets...

• Financial Support Documentation including all sources of revenue like contributions, grants, program income, fundraisers...

• Fundraising Program Descriptions

• IRS Processing/Filing Fee

We are happy to prepare any of these items if you need help.