Leverage Our Non-Profit Accounting Expertise for Optimum Impact
With years of experience supporting 501(c)(3) non-profit organizations, we offer a comprehensive suite of financial services designed to streamline your operations and maximize your impact. accounteam is a reliable non-profit accounting partner that ensures continuity and institutional knowledge remain consistent as volunteers and board members step in and out of roles within the organization over the years. (Usually, the board is elected every year.)
accounteam’s Mission for Supporting Non-Profits in Our Community
“Empowering nonprofit organizations to maximize their impact by providing expert financial services. We are committed to delivering accurate, timely, and transparent accounting, bookkeeping, and tax solutions that enable nonprofits to focus on their missions and make a lasting difference in the community.”
By enlisting accounteam as your non-profit’s accounting partner, you can:
Focus on Your Mission: Let us handle the complexities of financial management for your non-profit, so you can devote your time and resources to fulfilling your philanthropic and fundraising goals.
Maximize Your Impact: By ensuring accurate financial reporting and compliance, partnering with accounteam can improve your non-profit’s grant application and award process. We designed tailored reports for Board meetings to pull the essential data.
Optimize Your Resources: As a non-profit partnering with accounteam, your organization will benefit from our preferential pricing and efficient processes. We offer a discounted rate for non-profits, as part of our involvement with the community.
Explore Our Non-Profit Accounting Services:
Please don't hesitate to contact us if you have further questions or needs.
Bookkeeping, Accounting & Budgeting Services for Non-Profits
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At accounteam, we have a great deal of experience assisting nonprofits with their legal obligations to keep accurate financial records and meet the required deadlines to file specific financial reports with the IRS and relevant state agencies. Let us help your organization remain in compliance.
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By outsourcing your non-profit’s accounts receivable service, you can free those resources to better focus on additional fundraising and your organization's philanthropic goals.
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Clear and accurate accounting is critical for non-profits. We can assist with tracking restricted funds and ensuring that expenses from those funds are tied to specific programs, projects, or timeframes. And while unrestricted funds offer greater flexibility for charitable organizations, it is still essential to ensure that those funds are used appropriately for general operating expenses, unexpected needs, or new opportunities.
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Need help creating or analyzing an annual budget for your charitable organization? At accounteam, we are experts at developing, implementing, tracking, and analyzing budgets for non-profits. Let’s get clarity around your income and expenses by setting up your budget correctly. Give us a call or Contact Us [link to Contact page] to get started.
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Accurate, detailed, and well-organized financial reports for your non-profit board meetings are essential for providing oversight and transparency. We can assist your non-profit team with creating financial reports that help board members and other stakeholders understand your charitable organization’s financial health, make informed decisions, and ensure compliance with regulatory and donor requirements. At accounteam, we have experience creating detailed financial board reports that facilitate strategic planning, risk management, and demonstrate accountability.
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Partner with accounteam and receive the financial software support you need for your charitable organization. As part of our accounting services for non-profits, we can assist with account set-up and management of eTapestry, Blackbaud, and Neon customer relationship management (CRM) software for donor management, fundraising, and non-profit operations.
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With QuickBooks Online (QBO) for non-profits and our accounting team providing support, your charitable organization can stay compliant, produce specialized financial reports, and set up easy automations to connect your payment processing and fundraising tools. And with our accounteam discounts on QuickBooks, you’ll be saving money, too.
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For non-profit organizations, Class Tracking is a feature within QuickBooks Online (QBO) that allows for categorization and tracking of income and expenses based on specific programs, grants, funds, or other meaningful segments of your operation. Our accounting team at accounteam helps charitable organizations set up this QBO feature, maintain accurate books, and produce detailed reports.
Regulatory Reporting & Compliance Services
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It’s a common issue among our nonprofit clients that volunteers within their organizations struggle to complete donor thank-you letters and capture the information accurately for tax reporting purposes. Our team can help provide peace of mind and ensure that this process is completed accurately and in a timely manner.
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When you partner with accounteam, we can assist your nonprofit with identifying taxable transactions and determining which of your organization’s sales and purchases are subject to sales and use tax based on specific state and local regulations. We can also assist nonprofits selling tangible personal property with obtaining a seller's permit, a California state requirement, even if some sales are non-taxable. Staying informed of changes to sales tax compliance laws and maintaining accurate records is easy to do with nonprofit accounting support from accounteam.
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This is probably one of the most critical areas of accounting support we provide for our nonprofit clients. Our experts in nonprofit accounting provide meticulous tracking, management, and reporting of funds received through grants, ensuring compliance with grantor requirements and maximizing the impact of those funds on your charitable organization. Our accounting services in this area encompass budgeting, revenue recognition, expense allocation, monitoring compliance, and producing financial reports.
Tax Preparation for Non-Profits
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For a charitable organization, obtaining and maintaining its tax-exempt status is mission-critical. We can assist your nonprofit with tax preparation and filing requirements to ensure compliance, particularly with IRS Form 990. Failure to file Form 990 accurately and on time can result in penalties, suspension of operations, and even revocation of tax-exempt status.
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Another area where the accounts at accounteam can assist your organization is with the California State Attorney General’s requirement that all charitable organizations must file the RRF1 each year. We can help ensure that the information provided in the reporting to the State is accurate and that the RRF1 is submitted on time.
Helping Non-Profits with Their Accounting Needs:
A Testimonial
Since 2013, we have been assisting non-profits with their accounting needs in critical areas, including the arts, social and community outreach, and more. We’re proud of the work we do, both locally and internationally, to help ensure that these philanthropic organizations can focus on their missions and fundraising. Take a closer look at the feedback we’ve received from our clients at GiveLight Foundation.
“accounteam has significantly improved the operations of the Givelight Foundation. We have been incredibly happy with the detailed care that accounteam has provided us when it comes to our accounting needs and how they tailor it to nonprofits specifically. We love the detailed support and the individual attention you provide. It is never difficult to get problems resolved or a quick response from the wonderful members that we've had the pleasure of working with!
-Daniel Whitworth, Operations Manager, GiveLight Foundation
“Givelight's mission is to build beautiful homes and futures for global orphans. We do this by creating a loving family environment and a high-quality education for all children under our care. We foster their intellectual, physical, and spiritual growth in ways that empower them to reach their full potential.”
- Dian Alyan, Founder/CEO, GiveLight Foundation