Many people are shocked when they realize just how much regulation and paperwork comes with a tax-exempt status. It can be a daunting task to maintain the increasing financial reporting requirements as you expand your programs and increase your fundraising efforts.
We can deliver powerful accounting and bookkeeping services that transform these burdens into opportunities for growing your organization’s mission. Our goal is to give you, your Board members and other advisers greater insight into the key performance indicators that drive your mission as well as ensuring compliance.
Contact us to schedule a free one-hour consultation to find out how we can help your organization.
Our basic services include the following and can be combined and edited to meet your organization’s needs:
Operational Accounting
These will help improve the flow of information from our office to your management team. This allows the Board, Program Directors, staff and volunteers to focus on advancing your mission while accounting operates efficiently and with continously changing standards.
- Review transactions, investigate and resolve issues
- Reconcile and analyze accounts
- Generate and post period-end adjusting journal entries
- Post cost allocations by program, grant or contract
- Monitor release of funds
- Calculate and post accruals and deferrals, depreciation and amortization
Transactional Bookkeeping
Keeping accurate records is essential, but can be complicated and cumbersome. Let us help you with the organization and day-to-day tasks of bookkeeping while you focus on your programs.
- Post bills and invoices
- Print checks for approved expenses
- Post and reconcile payroll data
- Post receivables and liabilities
- Post income and other deposits
Strategy, Planning & Advisory
Beyond working on your figures and numbers, we can evaluate financial procedures and work to produce strategies to help you grow in today’s economy. Get objective analysis to assist you in controlling costs, increasing efficiency and getting resources and assistance where and when you need it.
- Budget development and tracking
- Audit process support
Financial Reporting, Federal and State Tax Filings
Our team will work with you to deliver reports to your management team and Board that provide insight into the performance of your organization. We work with you to customize reports that play a vital role in decision making. Additionally, we can also prepare and file your tax forms or file extensions on your behalf.
- Statement of financial position
- Statement of activities
- Budget to actual summary and detail
- Custom reports developes for you
- IRS 990, 990-T, 990-N or 990-EZ, as applicable
- CA 199 and RRF-1