The Community Auditors team can provide an array of cost-effective audit, tax and accounting services for nonprofit organizations. Our services can help you start your nonprofit organization by establishing your accounting systems. We can provide a control review if you have an established nonprofit. We can help you complete your Form 990. We can also perform your audit, compilation or review.
Accounting & Tax Reporting
We are here to assist you in setting up and maintaining your nonprofit organization's tax-exempt status by handling all the IRS reporting for you. Each year the IRS requires you to submit the Form 990, which includes the following:
Functional Expense Statement
Individual Program Expense Statement
Revenue Support Schedule
Building your accounting system around these revenue and expense classifications is imperative to retaining your tax-exempt status. But you have enough to worry about, so here’s what we can do for you:
Review and compile your financial statements
Design, install, and maintain your Accounting System
Weekly, bi-weekly, or monthly payroll preparation
Payroll Tax Preparation and Deposits
Provide training for your accounting personnel
Complete and file your non-profit status application
Provide training on non-profit financial statement usage and effective budgeting practices
Prepare and file the 990 and 990T tax forms
Prepare your initial start-up documentation, including incorporation, federal employee identification number (FEIN), and payroll setup with federal and state agencies.
If you're starting a new nonprofit organization we can help you prepare your organization's 501 (c)(3) application for tax-exempt status.