Non-profit organizations need to file specific information with the IRS and State Agencies in order to maintain the organization's tax-exempt status. Specifically, Form 990 must be filed with the IRS each year. This form includes detailed financial information about the organization's revenue and expenses categorized in a manner the IRS has designated. It is very important that a non-profit organization setup its accounting system in a manner that allows this information to be accurately maintained and obtained in a timely manner.
In addition to financial information, Form 990 also asks several questions about the structure of the non-profit organization including specific information concerning the organization's board members and large donors.
We can help your organization set-up an accounting system that meets your needs and help prepare all necessary tax filings at the end of each fiscal year. We may also be able to provide your organization with other services that meet your needs such as audit services, payroll services, and training of accounting staff. In addition, we can also help prepare your organization's 501 (c)(3) application for tax-exempt status.
Please contact us at your earliest convenience to schedule an appointment.