Tracks and reports the sources and uses of funds for different activities, programs, or projects within a nonprofit organization. Fund accounting helps nonprofits demonstrate accountability and transparency to their donors, regulators, and the public.
Planning, implementing, and reporting on grants received or awarded by a nonprofit organization. Grants management involves complying with the terms and conditions of the grant agreement, as well as ensuring that the grant funds are used efficiently and effectively for the intended purposes.
This is a special designation granted by the IRS to certain types of nonprofit organizations that exempts them from paying federal income tax on their income. Tax-exempt status also allows nonprofits to receive tax-deductible donations from individuals and corporations. However, tax-exempt status also comes with certain rules and regulations that nonprofits must follow, such as filing annual information returns, maintaining records, and avoiding political or lobbying activities. We specialize in 501 (c)(3), 501 (c)(4), and 501 (c)(6) entities.
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