Brooklyn, NY CPA firm

Non-Profit Accounting Services

Phillip and Associates, LLC - NYC CPA

Operating a flourishing non-profit organization hinges on obtaining sufficient funding and managing it well. There are very specific financial rules and regulations governing the activities of non-profits so you must have the talent in place to make every dollar count. Phillip & Associates, LLC a New York City CPA firm, has the staff and depth of knowledge to support the tax and accounting needs of non-profit organizations.

Our non-profit accounting services will organize and improve your financial processes to make the most of your donations so you can accomplish the most good. We come to you with an understanding of how non-profits operate, your funding issues, reporting requirements and ways to improve your operations. We have experience with charitable organizations, trade and professional associations, private and charter schools, cooperatives, volunteer health and welfare organizations, and private clubs.

Accounting and Tax Services for Non-Profits

  • All tax services
  • Preparation of non-profit returns
  • Outsourced accounting and bookkeeping
  • Assistance with alternate revenue sources, strategic planning, and financing
  • Form 990 preparation
  • Preparation and review of Uniform Financial Report
  • Application for exempt status
  • Tax exempt planning concerning related entities
  • Automated grant reporting
  • Consultation regarding unrelated business income tax
  • Consultation regarding for-profit subsidiaries
  • Budgeting and cash forecasting
  • Accounting system implementation assistance
  • Bank reconciliations
  • Monthly voucher preparation
  • State filings
  • Annual charitable trust filing

Call us today at {site_images}and ask for Claudine Phillip or request a free consultation to discuss your business needs with an experienced New York City CPA.