Non-Profit Accounting

The firm has extensive experience in the area of Not-For-Profit organizations including filing for exempt status, meeting Federal reporting guidelines, developing and implementing fund accounting systems and creation and use of budgets.
some of the 

Services Provided

This is a list of the services we provide our non-profit organization customers.

  • MONTHLY posting and classification of Disbursements and Receipts from the check stubs and bank statements.

  • Monthly reconciliation of bank accounts.

  • Monthly preparation of Financial Statements- Balance Sheet & Income Statement.

  • Quarterly review of Financial Statements- Discussions with Management regarding Company’s financial position.

  • Quarterly Payroll Tax Returns (Form 941).

  • Yearly W-2’s and 1099’s for employees and vendors.

  • Yearly preparation of the Foundation tax return- (990 Form).

  • Overseeing deposits from events and paying the monthly approved invoices.

  • Check disbursement statements and collection statements showing the money inflows and outflows after each event.

  • Organization of money inflows and preparing guest lists for RSVP’s to events.

  • Preparation of an acknowledgment letter for each person who donates money.

“Don’t tell us all the reasons this might not work. Tell us all the ways it could work.”

— John Wood