Accounting & Bookkeeping Services for Nonprofit Organizations

Our 990 Tax preparation Services offer nonprofit organizations a comprehensive and cost-effective approach to compliance. The Form 990N , Form 990T for taxable income, IRS Form 990 EZ and Voluntary, and the Form 990PF for private foundations are documents that we professionally prepare annually for nonprofits nationwide. Your success is our success, so we’ll do everything we can to help you thrive. We’ve worked with charitable organizations, foundations, trade associations, veterans organizations, and more, so we know what nonprofits need.

• I found comfort in knowing that I can always ask questions or assistance and they would always answer me promptly and professionally.
• As a 501c3 Nonprofit organization, we are aware that you have many tasks to deal with, by utilizing our bookkeeping services, you will save time and energy to focus on other activities that generate income for your business.
• Because of our combined decades of experience as auditors, accountants, CFOs, and board members of nonprofit organizations, our team has deep industry-specific expertise you won’t find anywhere else.
• From a one-time consult to a consistent HR presence, we have a solution for every nonprofit.
• To access other member benefits and resources, log into NAO’s website using your NAO User Account information.
• With an extraordinary Net Promoter Score of 94%, it’s no wonder so many nonprofit organizations trust James Moore for accounting, bookkeeping and advisory support.

We’ll also make sure you keep your nonprofit status for tax purposes and will prepare and file your Form 990 tax return at year end. With us in charge of your financials, you’ll have more time and money on hand to make a real difference in your community. Having a nonprofit organization exempt from capital gains tax can inspire others to start their charitable organizations, thus helping even more people in need.

What are the Advantages of Nonprofits being Nontaxable?

It provides you with quick access to information, allows for timely communication and keeps your data secure. We’ll time our information gathering and the preparation of your 990 so the form can be presented along with your audit results. We’ll keep communication open throughout the process via face-to-face meetings, phone calls, technology and other methods.

• For nonprofits especially, it can be difficult to project uncertain revenue streams and to fully capture the full costs of running programs.
• Your message has been received and we’ll be reviewing your request shortly.
• A corporate credit card is most often utilized for two types of situations ; frequent online purchasing or for individuals with frequent reimbursements.
• After you acknowledge this, we will forward you another email providing you access to our client-only web tools & questionnaire.
• Some have no bookkeeping records at all, while others are multimillion dollar organizations.

If basic bookkeeping is all that your organization needs, you’ll need to decide whether to do the bookkeeping in-house or if you should outsource. If you decide to hire and manage a bookkeeper, you’ll also have to decide whether the position is part-time or requires a full-time, full-charge bookkeeper. Wheelchairs For Warriors is on a mission to help as many injured veterans as possible. However, as they began applying for larger grants, without accurate reporting they did not look healthy from a financial perspective and were initially turned away.

Outsourced Accounting Services for Not-for-Profit Organizations

An integral part of our role is helping our clients communicate effectively with all of their stakeholders. With our unique approach, you’re not just getting a bookkeeper or accountant, you’ll be supported by a team of professionals. And can serve as your outsourced advanced bookkeeping and accounting department. We provide the expertise you need to help your nonprofit serve more people, raise more money, and drive your mission forward. Finally, board members are personally liable for their custody of the nonprofit organization’s assets. You want to ensure your back office is run smoothly and efficiently to ensure the errors & omissions policy that protect you is always paid up and that your financial reporting is handled accurately and compliantly. Unlike accountants, I come from the nonprofit world and understand the specifics of nonprofits financial reporting needs.

In addition, the donors are entitled to write off their gifts to charities as a charitable deduction when computing their tax liability. We are cognizant of the cost pressures on non-profits and work with each organization to ensure value and affordability. TSNE MissionWorks partners every year with hundreds of nonprofits, foundations, community-based g…

“Our work with The Charity CFO has saved our organization money…”

Donations and grants are your nonprofit’s lifeblood; without them, you wouldn’t be able to fulfill your mission. Nonprofits can fundraise more easily as potential donors know that when they donate assets to charity, it will go towards helping those in need.

In either situation there are best practices for the security of the organization’s assets. Pacific Accounting & Business Services is focused on providing high-quality accounting, finance, and related back office services to businesses across the U.S. and Australia. Going far beyond the standard accounting and tax services, our CPAs specialize in several industry areas and are in tune with the opportunities and challenges faced by each. Specializing in performing financial statement and compliance audits for a variety of organizations. The implementation of efficient policies to ensure that financial reporting is accurate and reliable, and that the organization’s assets are safeguarded. By continually monitoring changes in the industry, market trends, regulations, and accounting standards, our experts provide you with value-added services which go far beyond the standard accounting and compliance services. We are able to assess your priorities and develop programs, processes and procedures to help you run your organization successfully.

Vault Consulting, LLC

Review our service offerings and apply for the service that best suits your nonprofit’s needs. Our team will review your application to determine whether we are a good fit for your organization’s needs. We are your strategic partner using a proactive bookkeeping for nonprofits approach to foster harmony between your mission, people, accounting, and technology to transform your organization. We’ll show you how to stay in compliance with employment regulations and protect your organization from costly penalties.

If you are not covering expenses, the Profit & Loss Statement can show you where you may be able to cut costs. A. If your nonprofit is really small, you can manage it fine without creating a balance sheet each month. But any size nonprofit, including a part-time one, needs to create a good profit and loss statement each month. If inventories or accounts receivables are important in your nonprofit, balance sheets will clearly point out any significant fluctuations that you should be aware of.