Nonprofits serve our communities, providing vital services and supporting causes that enrich the lives of our friends and neighbors. But managing the finances of nonprofits takes specialized expertise and experience that can easily become a distraction for the members and managers of the nonprofits. That’s where Gift CPAs can help.
Your nonprofit status brings with it responsibilities and obligations to demonstrate that the public funds and donations needed to run the organization are being used properly. Our years of experience working with nonprofits ensures that you get access to experts that understand what is required to do this and keep nonprofits thriving.
Organizations We Serve:
From the local fire company to adoption agencies and VFWs, Gift CPAs has worked with a variety of nonprofits.
Do You Know what You Need To File This Year?
Each year, the IRS requires most tax-exempt organizations to submit the Form 990 and other related documents which include:
- Income Statement
- Balance Sheet
- Functional Expense Statement
- Individual Program Expense Statement
- Revenue Support Schedules
If you are unsure which forms are required for your organization, we are here to help you figure it out.
|I had no idea of the complexity of the business aspect of a nonprofit. Thankfully Gift CPAs has lessened the burden of accounting for the foundation. The Gift team has simplified this process with their professionalism, knowledge and personal approach. I thank you so much for all that you have done for the foundation. |
Services We Provide:
- Prepare exempt organization tax returns (990 and 990T tax forms)
- Manage taxes and tax-exempt status
- Prepare and analyze cash flow projections
- Set up Fed ID and assist with sales tax issues
Advice for Nonprofits
Let’s work together to take your nonprofit further!