Your nonprofit has finished a successful fundraising campaign, programs are underway, and the board wants to understand how the organization’s finances are holding up. Revenue has arrived from different sources, expenses are spread across activities, and someone needs to turn the accounting records into information that supports financial oversight and the next reporting period.
Nonprofit accounting services address those responsibilities throughout the year. Kevin J McHugh CPA PLLC provides outsourced nonprofit accounting, financial statement preparation, annual audits, Form 990 preparation, and other tax services for charities, associations, foundations, and service organizations. The Beaufort, North Carolina CPA firm also assists organizations seeking federal tax-exempt status.
Give Financial Reporting a Place Beyond the Annual Return
Form 990 is a familiar part of nonprofit tax reporting, but an organization’s financial activity continues between filing dates. Contributions arrive, programs incur expenses, and administrative costs need to be recorded alongside the work the organization exists to perform.
