Guidance on establishing a charitable organization, including incorporation and drafting bylaws. Assistance with applying for tax-exempt status.
Filing annual tax forms like IRS Form 990 and ensuring compliance with tax regulations are essential. Guidance on unrelated business income (UBIT) and filing Form 990-T helps address taxable income from non-mission activities.
Preparing accurate financial statements, such as balance sheets and income statements, and providing tailored reports meet the needs of donors, grantors, and board members.
Assistance with audit preparation and liaising with external auditors.
Offering strategic financial planning, fundraising guidance, and best practices for accounting policies ensures sustainability and compliance.
Tracking grant funds and ensuring compliance with donor restrictions and reporting requirements.