Barbara J Miller CPA


NON PROFIT ORGANIZATIONS



Most people get involved with a non-profit because they have a passion for the mission. It is work of the heart. But it is also a business with a whole lot of reporting requirements to satisfy governmental agencies, funders, partners, donors, and a variety of other interest groups. It takes the right accounting system and associated processes to manage the business end of the operation and satisfy its constituencies.



WE CAN HELP



We can help in the following ways:

• Establish appropriate asset classifications (e.g., permanently restricted, temporarily restricted, and unrestricted) for monies received from funders

• Implement tracking systems to receive and acknowledge donations

• Develop processes and management controls to address your day-to-day bookkeeping activities (receipts, invoicing, bill payment), and train your accounting personnel

• Administer payroll and attend to all related reporting requirements and tax filings

• Prepare appropriate monthly, quarterly, and annual financial statements for your board of directors, program managers, and major funders

• Prepare and file your annual 990 and 990T forms



ESTABLISHING A NON PROFIT



If you are starting a new non-profit organization, we can help you prepare your organization's application for tax-exempt status. Here is a brief listing of what you may need:

• Articles of Incorporation containing your exempt purpose statement

• Employer Identification Number • By-Laws for the Organization

• Written reason for formation and organizational history

• Mission statement • Description of activities, operations, and programs

• Names, addresses, and resumes of board members • Minutes from recent board meetings

• Names and addresses of active members (if a membership organization)

• Inventory of Assets and Liabilities

• Rent/Lease Agreements and Contracts

• Revenue and Expense Statements

• Sources of Funds (including a description of fundraising activities)

• IRS Processing/Filing Fee


Contact us for a free consultation on your planned or existing non-profit organization.




Barbara J Miller CPA, PC



132 Stage Rd. Monroe, NY 10950


Call us: 845-783-4566


Basic and Custom Website Design by PC Med Center