Nonprofit businesses pose unique challenges, requiring specialized knowledge. Some of the mundane necessities of nonprofit business can save money that can make or break the cause. More spectacular tests, such as investigating embezzlement, need an experienced team should the nonprofit hope to survive.
Through thick and thin, the Royce CPA Firm can help guide you through the surprisingly wild world of nonprofit bookkeeping and tax preparation.
Start-Up and Formation Services
Starting a non-profit can be a daunting experience, but the Royce CPA Firm has years of experience and advice for you. We can help you navigate the forms and paperwork, as well as advise you on how to best set up your exemptions and non-profit’s structure. In our many years of experience, we also know a lot of small tips to help make sure you can go out and focus on doing good in the world, instead of worrying about whether you filled out your 501(c)(3) Exemption Forms correctly.
- Arizona Formation Services
- 501(c)(3) Exemption Forms (1023 and 1023-EZ)
- Consulting and Guidance
Every penny where it belongs, every day.
There are so many advantages to having the Royce CPA Firm as your outsourced accounting department. You have the assurance of knowing that an expert has classified items properly for the end of year tax process, which not only speeds up the process, but also allows you to use the information for grant writing. You have easily accessible accounting information that allows you to be more transparent with your donors. You now have a structured QuickBooks account to accurately track how much money your nonprofit has given and how much is stockpiled. And you’re getting help with your grants management, since it’s more cost-effective to have a CPA firm handling the quarterly tracking and reporting on federal grants.
Just like a regular business, a non-profit needs to keep track of its expenses. Hiring us for bookkeeping is often much more economical and efficient for a non-profit so that you can concentrate on doing some good! We generally use QuickBooks Online with our clients, but also use QuickBooks Desktop, as well.
Keeping good books is particularly essential for non-profits, because they need to stay in compliance with their standard chart of accounts. We can make sure that your books are ready for any examination and for tax preparation.
Non-Profit Tax Preparation
990? 990-EZ? 990-N? We can help you navigate the complex world of non-profit taxes, to ensure both compliance and savings – whether you’re a bookkeeping client or not!
Forensics for non-profits
Typical forensics tasks include:
- Employee embezzlement investigation
- Tracking expenses and petty cash usage
Audits and Financial Statements
Financial disclosures are an essential part of running a non-profit. Their accuracy and timeliness are an indication of its health, to its donors as well as its community.
We offer many types of statements, including:
- Audited Financial Statements
- Reviewed Financial Statements
- Prepared Financial Statements (Basic)
- Prepared Financial Statements (with full disclosures)
- Pre-Audit Preparation Assistance
- Customized Statements and Reports
Catch up and move forward!
It happens to the best of us – you’re busy doing other things and just stuff the receipts and financial statements into a shoebox or drawer to be dealt with later. Then one day, you open up that box and realize you have a large project on your hands. Let the Royce CPA Firm come to your rescue. We’ll put your finances back on track as the first step to financial peace of mind.
The Royce CPA Firm can tailor a plan to suit your nonprofit’s needs. The Standard Plan is an annual fee, paid on delivery of your tax return. The Professional Plan is a monthly or quarterly flat fee that includes tax returns. The Premium Plan is also a monthly or quarterly flat fee including tax returns, plus some nice bonuses, such as sponsorship of a fundraising event.