Non-Profit Started And Managed
Let Us Help You Create
The Non-Profit of Your Dreams!
In order to setup and maintain your tax-exempt status, your organization must meet very specific expense and income classifications. The IRS determines your eligibility with the following:
Yearly Income Statements – categorizing specific expense and revenue details such as donations, salaries, postage, rent, etc.
A Yearly Balance Sheet – including cash, accounts receivable and accounts payable.
Individual Program Expense Statements – detailing every expense for each program, service or seminar, including things like educational mailings.
Revenue Support Schedules – detailing charitable donations, membership fees, and investment interest.
As you can see, the way you set up your bookkeeping and accounting system is crucial to the successful maintenance of non-profit status. Luckily, we can help you create the necessary bookkeeping systems and can even take care of filing the forms for you yearly.
Our non-profit services include…
-
Filing of your non-profit status application, initial start-up documentation, incorporation, FEIN, and payroll setup with federal and state agencies. For new non-profits, contact us for a list of items needed to apply for 501 (c)(3) status.
-
Reviewing and compilation of your financial statements.
-
Design, training and maintenance for your accounting system.
-
Payroll management and preparation.
-
Yearly filing of the necessary IRS tax forms.
-
Board training services regarding non-profit budgeting and management practices.
-
For Churches, we prepare the pastoral housing allowance and other required benefit documentations.
