Nonprofits & 501(c)(3) CPA Services
Ensure compliance and maximize impact with specialized accounting services designed for nonprofit organizations and 501(c)(3) entities.
Specialized Accounting for Nonprofits & 501(c)(3)
Nonprofit organizations face unique accounting and compliance requirements that differ significantly from for-profit businesses. From grant reporting and restricted fund accounting to Form 990 preparation and donor stewardship, nonprofits need specialized expertise to maintain their tax-exempt status while maximizing their mission impact.
Common Challenges
- •Complex fund accounting and restricted donations
- •Grant compliance and reporting requirements
- •Form 990 preparation and public disclosure
- •Unrelated business income tax (UBIT) compliance
Our Solutions
- ✓Fund accounting systems for restricted and unrestricted funds
- ✓Grant tracking and compliance reporting
- ✓Professional Form 990 preparation and review
- ✓UBIT analysis and tax planning
Comprehensive Services for Nonprofits & 501(c)(3)
We understand the unique financial needs of the nonprofits & 501(c)(3) industry
Why Nonprofits & 501(c)(3) Businesses Trust Us
With former IRS management experience and deep industry knowledge, we provide unmatched expertise for nonprofits & 501(c)(3) businesses.
IRS Audit Protection
Former IRS manager knows exactly what auditors look for in nonprofits & 501(c)(3) businesses
Industry-Specific Tax Savings
We know every deduction and credit available to nonprofits & 501(c)(3) businesses
Growth-Focused Strategies
Financial planning designed to scale your nonprofits & 501(c)(3) business
Get Your Free Nonprofits & 501(c)(3) Tax Analysis
Nonprofits & 501(c)(3) Industry FAQs
Q:What is fund accounting and why do nonprofits need it?
A: Fund accounting segregates resources based on donor restrictions and organizational purposes. This ensures restricted donations are used appropriately and provides transparency to donors, grantors, and regulatory bodies.
Q:When does a nonprofit need to file Form 990?
A: Most 501(c)(3) organizations with gross receipts over $200,000 or assets over $500,000 must file Form 990. Smaller organizations may file Form 990-EZ or 990-N depending on their size. We determine the correct form and ensure timely filing.
Q:What is unrelated business income tax (UBIT)?
A: UBIT applies to income from business activities unrelated to the nonprofit's exempt purpose. We analyze all revenue sources to identify potential UBIT situations and help structure activities to minimize tax liability while supporting your mission.
Q:How do you help with grant compliance?
A: We establish tracking systems for grant requirements, prepare required financial reports, and ensure proper documentation for audits. Our goal is to help you maintain current grants while positioning for future funding opportunities.