Nonprofit Accounting and Tax Services

Donors, grantors, board members and regulators all rely on the same numbers. Every gift and grant has to be traced back to the purpose it was given for, and the books are the record that shows it was.

Late or inaccurate filings bring IRS penalties, and three straight years without a 990 automatically revokes tax-exempt status. Unclear records can also cost grant renewals, worry the board and lead to suspension in California.

Budgets and board reports built on real numbers, grant reports that tie to the books and a smoother 990 every year. As the organization grows, the records are already in shape when a grantor asks for a review or audit.

Donations and grants with donor restrictions are tracked apart from general operating funds, then released as the purpose or time condition is met. Expenses are split between program, management and fundraising all year.

Form 990-N, 990-EZ or the full 990, depending on the organization's size, plus California Form 199 and the Attorney General's RRF-1. When there's unrelated business income, Form 990-T is filed as well.

Written acknowledgments for gifts of $250 or more, in-kind donations recorded properly and staff payroll processed every cycle. Each piece keeps 501(c)(3) status on solid ground year after year.