Not-for-Profit Audits and Bookkeeping in Chicago
Our nonprofit CPA services aren't just available to organizations in Chicago, as we can help out anyone nationwide. Your nonprofit faces special challenges that a for-profit business won't have to deal with. Submitting Form 990 every year is one of them, and you always have to be mindful of paying taxes on income not related to business or being compliant with (OMB) Circular A-133 requirements. All these situations are why you need not-for-profit auditors in Chicago by your side.
Tax and Audit Services for Nonprofit Organizations
Nonprofits face unique accounting challenges that for-profit businesses might not even know about. That's why we're here.
Annual 990 Nonprofit Tax Filing
You'll have to file certain tax documents on an annual basis, or you can let our professionals handle this for you.
Annual Audits for Non-for-Profits
Nonprofit auditors know the things to look for that might not apply to a for-profit business.
Quarterly and Annual Financial Statements
Quarterly and yearly financial statements help you make sure your nonprofit is operating well, but they also help you show donors and stakeholders that their resources are being utilized properly and effectively.
Apply for Tax-Exempt Status Under Section 501(c)(3)
Most nonprofit organizations can qualify for tax-exempt status so their fundraising goes entirely to their dedicated cause, but certain paperwork must be filed properly to make this official.
Accounting and Bookkeeping Services for Nonprofits
Utilize our industry knowledge and professional bookkeeping services to organize your nonprofit financials in support of your mission. Count on us for balanced books, accurate records, and effective financial statements.
Bookkeeping
Accurate bookkeeping and timely filing keep your nonprofit out of the way of IRS attention, penalties, and fines.
Growth and Profit Building Strategies for 501(c) Organizations
Count on us for cash flow management and projections, forecasting, budgeting, tracking and reporting for grant programs, and customized reporting that improves your fundraising.
Payroll Services
Payroll services we provide to nonprofit organizations include collecting new employee forms, getting them in the payroll system, processing changes, confirming disbursements, and handling time reporting and inputs.
Why Choose Our bookkeeping and audit services for nonprofits in Chicago?
If you are looking at several accounting service providers to work with, you should know why you should choose us over the others.
Types of Nonprofit Organizations We Serve
Your nonprofit organization focuses on a specific mission, and you're passionate about it. We're just as passionate about offering you the best accounting services possible. We are proud to offer auditing and accounting services to Chicago non-profit organizations, as well as those in the surrounding areas and from coast to coast across the country. The kinds of nonprofits we serve include but aren't limited to:
- Community Organizations
- Foundations
- Health and Welfare Organizations
- Membership and Cultural Organizations
- Religious Organizations
- Schools
- Social Organizations
- Trade Associations
FAQs about Bookkeeping for Non-for-Profits
You're not alone if you have certain questions about our bookkeeping services for Chicago nonprofits.