Our Services

PROVIDE OVERSIGHT OVER THE BOOKKEEPING AND FINANCIAL STATEMENTS

I will ensure your chart of accounts maps to the IRS form 990 and reorganize accounts to follow a Uniform Chart Of Accounts for Non-Profits. This will allow you to (1) view your financials in a format that is used by non-profits and (2) ensure that we can crosswalk your accounting information to a 990 in a way that you can explain should the IRS or grantors ask.

PREPARE 990 LONG FORM OR SHORT FORM FOR NON-PROFITS AND SUBMIT TO IRS

On a fixed fee basis I will prepare your 990. I will send you short forms to ask key IRS compliance questions about your non-profit. We will discuss why this information is needed and how we can avoid raising red flags. Additionally, I will look over your accounting records in QuickBooks Online because I will need to verify it is organized by the type of revenue, grant, expense, and other line items in the 990. The initial return may require back and forth communication, but we should reduce this in the following year.

WORK WITH THE IRS, RESEARCH IRS LETTERS, RESEARCH ACCOUNTING ISSUES

Often times communication with the IRS is difficult, time consuming, and if you say the wrong thing to them they can use it against you. Accounting research can be time consuming if you are not experienced in GAAP. 

IRS - I can review and determine a thoughtful course of action with regard to IRS letters. I have resolved minor issues with the IRS in the past by writing letters, filling specific forms, and calling the IRS. If an issue seems to require legal advise or is beyond my skill I will inform you and share my research and viewpoints with you.

Accounting - There is some flexibility in accounting methods depending on your situation. Incorrect accounting methods can get you in trouble with the IRS and misrepresent the condition of your non-profit. I can find a solution that works for you while minimizing cost of financial record keeping.

HELP YOU BETTER UNDERSTAND YOUR FINANCES

Financial analysis isn't just for large profit seeking corporations. It is critical for the benefit of non-profits that grow in complexity. Is your organization trying to run too many programs? Are your programs sufficiently funded to make a meaningful impact? How much does it cost to help beneficiaries of each program? Are you cost effective? 
 
People start non-profits to help the world be a better place. Often they are surprised at how much the organization's finances are a limiting factor of what they can achieve. If you understand your organization and what the big financial drivers you can make decisions that improve the stability of your non-profit, the growth of the number of beneficiaries or your programs, and your ability to raise funds from donors and grantors.