We can help you setup and maintain your non-profit organization’s tax-exempt status by handling all the IRS reporting for you.

We serve organizations that operate in a variety of areas, including education, social and religious services, charitable support, membership benefits, political action, the arts, and medical/scientific research. We provide a variety of levels of assistance drawn from our firm’s primary services areas: financial-statement assurance, accounting and bookkeeping, taxation and other government compliance, systems advisory services, and business improvement services.

The Not-For-Profit Services Group at Tax Professionals offers a full range of services for your organization, including:

  • Audits, reviews and compilations of financial statements
  • OMB Circular A-133 testing and reports
  • Housing and Urban Development (“HUD”) audits
  • Agreed-upon-procedures engagements
  • Federal, state and local tax/compliance planning and return preparation
  • Assistance with employee-benefit-plan structures and filing requirements
  • Guidance for governing board compliance with today’s “best practices”
  • Organizational structure
  • Internal-control and risk-management reviews

If you’re starting a new not-for-profit organization we can help you prepare your organization’s 501 (c)(3) application for tax-exempt status.

Here's What's Needed
  • Articles of Incorporation containing the Exempt Purpose Statement as described in IRS Code section 501(c)(3) and defined in Treasury Regulation 1.501(c)(3)-1 Paragraph d and the Dissolution Statement described in Treasury Regulation 1.501(c)(3)-1 Paragraph b subparagraph 4 (“Organizational Test”).
  • Employer Identification Number
  • By-laws of the Organization
  • Minutes of Board Meetings
  • Names, Addresses, and Resumes of Board Members
  • Names and addresses of all Active Members
  • Inventory of Assets like cash, furniture, equipment, property, pledges…
  • Inventory of Liabilities like mortgages, accounts payable, loans…
  • Rent/Lease Agreements and Contracts
  • Revenue and Expense Statements for the last four years or as far back as possible if your organization has been in existence for less than four years.
  • Written Reason for Formation and History of the organization.
  • Organization Mission Statement or Statement of Faith or Beliefs for Churches and other Religious Organizations.
  • Organization Activities, Operations and Programs Documentation including your statement of purpose & operations, food programs, fundraisers, flyers/brochures/pamphlets…
  • Financial Support Documentation including all sources of revenue like contributions, tithes, offerings, fundraisers…
  • Fund Raising Program Descriptions
  • IRS Processing/Filing Fee

We are happy to prepare any of these items if you need help.