Non-Profit Started And Managed
Let Us Help You Create
The Non-Profit of Your Dreams!
In order to setup and maintain your tax exempt status, your organization must meet very specific expense and income classifications. The IRS determines your eligibility with the following:
Yearly Income Statements – categorizing specific expense and revenue details such as donations, salaries, postage, rent, etc.
A Yearly Balance Sheet – including cash, accounts receivable and accounts payable.
Individual Program Expense Statements – detailing every expense for each program, service or seminar, including things like educational mailings.
Revenue Support Schedules – detailing charitable donations, membership fees, and investment interest.
As you can see, the way you set up your bookkeeping and accounting system is crucial to successful maintenance of non-profit status. Luckily, we can help you create the necessary bookkeeping systems and can even take care of filing the forms for you yearly.
Our non-profit services include…
- Filing of your non-profit status application, initial start-up documentation, incorporation, FEIN, and payroll setup with federal and state agencies. For new non-profits, contact us for a list of items needed to apply for 501 (c)(3) status.
- Reviewing and compilation of your financial statements.
- Design, training and maintenance for your accounting system.
- Payroll management and preparation.
- Yearly filing of the necessary IRS tax forms.
- Board training services regarding non-profit budgeting and management practices.
- For Churches, we prepare the pastoral housing allowance and other required benefit documentations.
Ready to come in for an appointment?
Our schedule is very full…but if you call us at (801) 278-2700 or email us we’ll give you two options for coming in right away! We will NOT make dealing with a tax professional as painful as it’s been in the past!
What our Clients are saying
We have been with Utah Real Estate Accountants less than 90 days. I love my friend who recommended them so highly!
Our prior accountant was slowly slipping into dementia (bless his heart). We were desperate for help and Janet took hold of the problem and has the accounting and tax corrections for 2015 and 2016 well in hand. We are current for 2017 and she is helping me put together a budget, teaching me how to use the software. She is wonderfully patient. Before Janet came along we were spiraling in a chaotic mess. She reminds me that it is all coming together, “One step at a time”. I need an accountant who is well organized and reliable. Utah Real Estate Accountants rings the bell!
Cambria Nelson, Quail Hollow of Holladay (Multi-Family)
On several occasions, as I am setting up my business in Fairview, Utah, I have had occasion to call Utah Real Estate Accountants.Of course, they invited me to come in for a FREE consultation, but I am more than two hours from West Jordan. Both times I was able to get my questions answered over the phone. One of the questions was complicated. I was apprised of the risks. I respect that they left it up to me to choose the best path of action for my circumstances and tolerance for risk. I recommend Utah Real Estate Accountants for any business that serves the real estate industry.
Dave Olsen, Locksmith