Non-Profit Accounting

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• Establish proper financial oversight with the expert help of a team that understands the complex GAAP and FASB reporting requirements for nonprofits.
• Specialized in fund accounting and equipped with Aplos Software, our Bookkeeping Specialists have helped thousands of organizations, and we do it well.
• Along with our not-for-profit audit and non-profit accounting expertise, our experienced team of non-profit accounting experts hold leadership positions in not-for-profit organizations.
• We’ll time our information gathering and the preparation of your 990 so the form can be presented along with your audit results.
• This is where professional bookkeeping services can provide valuable support and expertise.
• As you can see, capital gains tax doesn’t apply to capital gains that are related to an organization’s mission or purpose.

Accounting Setup

To find more about our on-boarding procedures and how we calculate prices click here. Jitasa’s Nonprofit Controller Services ensure your financial world keeps turning with precision and confidence. If we have any questions, we will ask you to classify transactions into the proper income and expense accounts. At the beginning of each month, we’ll request your previous month’s bank statement, credit card statements, and contributions (if applicable). Our experts save you valuable time by doing the vital recording, reconciling, and reporting to empower your financial decisions. This means you’ll always get continuous service, no matter how complex or minor your accounting needs are.

Nonprofit Accounting & Advisory Services

Depending on circumstances we may request access to your QuickBooks, other bookkeeping system, and/or the last 2 months of bank and credit card statements. We work with many nonprofit clients and can advise on best practices and the latest trends, whether you need basic bookkeeping or an entire outsourced accounting department, we’ve got you covered. Nonprofit Collaborative of Southern CaliforniaJanet Fohrman is the founder of the Nonprofit Collaborative of Southern California (NPCSC).

Human & Social Services

Chazin provides in-depth industry knowledge that allows us to provide strategic guidance related to finance, accounting, technology, and how to best protect your organization against internal and external threats. Now, more than ever, financial clarity and transparency are critical to your organization’s success. We recognize that accounting never stops, and nonprofits need our help no matter where they’re located.

Choosing the right bookkeeping service is crucial for nonprofit success as it directly impacts financial transparency, compliance, and operational efficiency. Look for providers with nonprofit expertise, comprehensive services, and strong credentials. As an Elite QuickBooks ProAdvisor Firm, they offer QuickBooks cloud accounting software at a discounted price, enhancing your financial management capabilities.

Unparalleled Expertise

Note that depending on the type of business you run, you might file an alternate form. You’ll also have to report these amounts (and other information) regularly to the IRS. As an employer, you’re responsible for half of the FICA tax amounts for each employee.

How Secure is Your Data With Us?

That way, you can be sure that your nonprofit maintains both its 501(c)(3) status and the trust of its supporters. Your nonprofit has important work to do, but limited resources to do it with. To fulfill your mission and impact the communities you serve, you have to raise and allocate funds wisely—That’s why bookkeeping for nonprofits is an essential part of what you do.

If basic bookkeeping is all that your organization needs, you’ll need to decide whether to do the bookkeeping in-house or if you should outsource. If you decide to hire and manage a bookkeeper, you’ll also Top Benefits of Accounting Services for Nonprofit Organizations You Should Know have to decide whether the position is part-time or requires a full-time, full-charge bookkeeper. Their team is really responsive; they assist with any complicated accounting concerns. They keep our books up to date, and we also enrolled in the plan that includes income tax filing, which is excellent. The service is outstanding, and all of my requests are responded to promptly.