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Accounting Services for Not-for-Profit Organizations in Chicago, IL

For-profit businesses aren't the only organizations that need bookkeeping services. Your Chicago establishment might need nonprofit bookkeeping services if you fall into certain categories. They range from educational, advocacy, religious, labor, social welfare, charitable, and arts organizations to foundations, social clubs, business leagues, and professional or trade associations. In any of these cases, we offer not-for-profit audits and bookkeeping Chicago organizations need.

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Since 1986, we’ve provided comprehensive tax and accounting solutions for individuals and businesses.
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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.

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Experienced

You can’t leave bookkeeping to chance, and since we are very experienced in the field, you know we will do the job right the first time.

Remote

No longer are we bound by location, and with remote services, you can be more efficient and work from anywhere.

Nationwide

Business doesn’t stop at state borders, and we know that. We work with clients all over the United States.

Solutions-Driven

We offer solutions for everyone. Your accounting needs will vary, and we offer solutions for all of our clients, no matter the industry.

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How much does an audit of a nonprofit cost?

There are two ways to answer this question. First, the size and scope of the audit will determine the cost involved. Second, you should know that the actual cost is not having an audit done because until you do, you don't know where all your money is or is going.

How much does it cost for nonprofits to outsource bookkeeping?

Outsourcing your bookkeeping can be scaled based on your specific needs, but outsourcing can prove to be cheaper than doing it in-house. An employee might involve payroll, taxes, and benefits, but an outsourced vendor means you only pay for the services that you need.

Client Reviews

I believe I may be one of the longest tenured clients of Susan S. Lewis Ltd. We have been working with Sue and her team since 1989 and found them to be professional, courteous, and always willing to take the extra step to meet our needs. The fact we have used their services continuously for nearly 30 years is the best recommendation I could offer regarding Sue and her staff.
Fred Hejduk
5.0
Sue and her entire office are great. She has done personal and business taxes for my wife and I for as long as I can remember. Her team is friendly, fast, professional and extremely knowledgeable. I am very particular about giving recommendations and I would highly recommend Susan S. Lewis Ltd.!
Dave Olen
5.0
Working with Sue Lewis and her amazing Team is always a pleasure . Very efficient, great advice and prompt service .
James McNichols
5.0
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Talk to Us

We are a perfect combo of practical & optimistic.
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Contact Your Non-Profit CPA Today!

Accounting for nonprofits can take a special touch, but we've got decades of experience in handling nonprofit organization matters, from 501(c)(3) structures to many other tax-exempt organizations. We can make sure your records are prompt, precise, and fully compliant with government accounting rules at both the state and federal levels.

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