Accounting for Nonprofits Tax Form 990 CPA Firm CO

bookkeeping for nonprofits Colorado Springs

Colorado Springs is a city filled with compassionate individuals and organizations working tirelessly to uplift the community. From fighting hunger and homelessness to supporting military families and animal welfare, these 15 nonprofits play a crucial role in making the city a better place for everyone. YPTC is not a CPA firm, and provides no attestation services with regard to financial reports. Now, more than ever, financial clarity and transparency are critical to your organization’s success. We recognize that accounting never stops, and nonprofits need our help no matter where they’re located. The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status.

bookkeeping for nonprofits Colorado Springs

Catering to Your Organization’s Unique Needs

bookkeeping for nonprofits Colorado Springs

Our team adapts to your nonprofit’s needs to provide the perfect financial management solution. We can serve as your organization’s bookkeeper, accountant, controller, or Chief Financial Officer (CFO), depending on which services you’re looking for. While consistent regulatory compliance and accurate financial reporting are essential Retail Accounting to the success of your nonprofit organization, BiggsKofford believes that your organization’s strength also lies in its unique mission. By developing a thorough understanding of your organization’s mission and financial goals, we can create effective strategies that best serve you. Colorado Springs nonprofits play a crucial role in strengthening the community by addressing social challenges, supporting vulnerable populations, and fostering a culture of giving.

  • In addition to the direct support we offer, we also share our knowledge with clients so that they are better able to help themselves.
  • So it’s imperative that you build your accounting system around these revenue and expense classifications.
  • Our accountants are fully prepared to take on the most difficult audit preparations, account reconciliations, system reviews, and more.
  • We recognize that accounting never stops, and nonprofits need our help no matter where they’re located.
  • With decades of experience serving nonprofit organizations as auditors, tax consultants, and advisors, BiggsKofford is dedicated to helping your organization thrive.

Colorado Springs Nonprofits Serving the Community

From accounting and month-end close to financial reporting to data visualization, we conduct a variety of services and can customize them to your nonprofit’s specific needs. In addition to the direct support we offer, we also share our knowledge with clients so that they are better able to help themselves. A key example of this approach is training for QuickBooks®, one of the most popular accounting and bookkeeping platforms in the marketplace. Its multiple functions can make it difficult for businesses to optimally run without training or support. With our ongoing consultations, your staff will be better able to navigate and utilize QuickBooks on a daily basis.

bookkeeping for nonprofits Colorado Springs

Silver Key Senior Services

We focus on the specific goals of your organization and tailor our services to what matters most to you—from financial statement assurance and accountability to leadership development and performance measurements. Colorado Nonprofit Association has bookkeeping colorado springs many business members specializing in serving nonprofits. Looking for accounting services, human resources solutions, or additional consulting services specializing in nonprofits? Whether you’re searching for volunteer opportunities in Colorado Springs or meaningful ways to give back, these nonprofits offer numerous ways to get involved and support their missions.

From providing shelter and food assistance to empowering youth and advocating for survivors of domestic violence, these organizations are dedicated to making a lasting impact. Our nonprofit professionals are highly educated in the regulations, reporting standards, and evolving challenges nonprofit organizations face. With decades of experience serving nonprofit organizations as auditors, tax consultants, and advisors, BiggsKofford is dedicated to helping your organization thrive. At McMillen & Company, PLLC, we understand the importance of nonprofit organizations in balance sheet Colorado Springs, CO.

The Support You Deserve

Our accounting services safeguard you and your family and optimize all your hard-earned dollars. YPTC offers data visualization services that can help you make data-driven decisions and access the information you need to run your organization from anywhere. We are a CPA firm committed to providing exceptional client service in a personal, respectful, and ethical manner.

Nonprofit Accounting Services:

  • For organizations tracking budgets and financials for grants, programs, departments, or multiple locations.
  • To discuss how we can help your nonprofit organization, contact one of our experts today.
  • We are a CPA firm committed to providing exceptional client service in a personal, respectful, and ethical manner.
  • Our solution-oriented services are designed to maximize your long-term sustainability, minimize your risk, and provide you with strategic advice for your organization’s continued growth.
  • Included free with your engagement, our team of Intacct and QuickBooks Online experts will migrate, set up, and review your chart of accounts to ensure it aligns with nonprofit accounting standards.

Our expertise ensures your financial management strategies are as robust and forward-looking as the city’s commitment to quality of life and community development. As a nonprofit organization, you face unique challenges that for-profit businesses don’t, such as the annual submission of Form 990, compliance with (OMB) Circular A-133 requirements or paying taxes on unrelated business income. That’s why it pays to have a dedicated team of tax and accounting professionals that specializes in nonprofit accounting and tax compliance on your side.

bookkeeping for nonprofits Colorado Springs

As a CPA firm that specializes in working with not-for-profits, we also understand the unique accounting needs and financial challenges faced by these organizations. Included free with your engagement, our team of Intacct and QuickBooks Online experts will migrate, set up, and review your chart of accounts to ensure it aligns with nonprofit accounting standards. We work with you and provide you with the tools you need for effective financial recordkeeping and strategic planning. Whether you decide to outsource both your bookkeeping and accounting services or just one, you can be confident that we’ll provide professional services designed to meet your nonprofit’s specific needs. Our solution-oriented services are designed to maximize your long-term sustainability, minimize your risk, and provide you with strategic advice for your organization’s continued growth.

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