Transparency, Accountability Governance
We can help maintain your non-profit organization’s tax-exempt status by handling all of your monthly and quarterly financial accounting, as well as yearly reporting needs (Form 990). Because the IRS uses very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status, it is a good practice to develop your accounting systems around your revenue and expense classifications. Working with our team you will find comfort knowing your organization would be always in compliance as we are driven towards your mission and goals. Additionally, we emphasize regular meetings with management teams, discussing financial objectives and progress.
The following services are offered:
1.Design, install, and maintain your accounting system
2.Monthly/quarterly compilation of your financial statements to include the (1) Statement of Financial Position, (2) Statement of Activities(cost allocations by program, grant, or contract), (3)Statement of Functional Expenses and Revenue support schedules
3.Record and track restricted funds
4.Budget to actual reports
5.Bi-weekly, semi-monthly or monthly payroll preparation
6.Audit support (A-133| A-122| A-110)
7.Bookkeeping services
8.Customized funder reports
9.Preparation of financial reports for your board of directors (specialized format)
10.Preparation of schedules for your annual 990 tax filing
11.Review your initial start-up documentation, including incorporation and form 1023