Non-Profit Accounting

If you are a non-profit organization, we can help you maintain your tax-exempt status by handling all of the IRS reporting for you.

Each year the IRS requires most tax-exempt organizations to submit Form 990, Return of Organization Exempt from Income Tax. On December 20, 2007, the IRS released a redesigned Form 990 for tax year 2008 (to be filed in 2009 and later years). The Form 990 now consists of an 11-page core form which includes the following items:

While the purpose of the new Form 990 is to enhance transparency and promote tax compliance, it is much more complex and burdensome than the previous Form 990. There are significant changes with the new Form 990, but do not worry... we can help you comply with the new requirements.

The IRS uses very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So, it is imperative that you build your accounting system around these revenue and expense categories.

We will provide the following services for your non-profit organization:

Form 990, 990-EZ, 990-N and 990-T are due on the 15th day of the 5th month after your organization’s tax year ends.

If Your Fiscal Year Ends Form 990, 990-EZ, 990-N, or 990-T is Due By
December 31 May 15
June 30 November 15
September 30 February 15

Let us work with you to ensure that your non-profit organization meets all the IRS reporting requirements. Please contact us today for a consultation.