Non-Profit Organizations

We can help you setup and maintain your non-profit organization's tax-exempt status by handling all the IRS reporting for you.

Each year the IRS requires most tax-exempt organizations to submit the Form 990 and its relations, which includes the following items:

  1. Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent, etc.
  2. Balance Sheet with specific categories like cash, accounts receivable and accounts payable.
  3. Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
  4. Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
  5. Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.

The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status.

* We prepare the pastoral housing allowance and other required benefit documentation to meet the complex dual status of ministers.

Unlimited Consultations

We are always available to spend time with you, so feel free to contact us whenever you have a question or concern about your accounting, tax or financial planning needs.

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Certified Public Accountants | 1200 Bustleton Pike | Suite 3 | Feasterville, PA 19053 | 215-322-2664 | Site Map