Non-Profit Organization Setup & Support

Starting and maintaining a non-profit organization is a noble pursuit—but it also comes with complex IRS regulations and ongoing compliance requirements. At PSA CPA, we specialize in helping charitable, religious, and community organizations obtain and maintain their tax-exempt status, allowing you to focus on your mission while we handle the tax and financial details.

Full-Service Non-Profit Support

We help you establish and maintain your 501(c)(3) status by managing all of your IRS filings and reporting requirements. Our services ensure your organization remains compliant with federal and state laws—giving you peace of mind and the ability to pursue grants, donations, and fundraising with confidence.

We Provide:

• ✅ Preparation and filing of IRS Form 990 and 990-T

• ✅ Review and compilation of financial statements

• ✅ Design, setup, and maintenance of your non-profit accounting system

• ✅ Payroll preparation (weekly, biweekly, monthly) and payroll tax deposits

• ✅ Training for accounting personnel and board members on nonprofit financial best practices

• ✅ Pastoral housing allowance and clergy benefit documentation for churches

IRS-Required Financial Statements

To retain tax-exempt status, the IRS requires specific reporting formats and categories. We help you comply by preparing the following:

• Income Statement (with IRS-compliant revenue and expense categories like donations, rent, and salaries)

• Balance Sheet (cash, receivables, payables, etc.)

• Functional Expense Statement (allocating costs to program services, fundraising, and operations)

• Individual Program Expense Reports (e.g., seminar or outreach program costs)

• Revenue Support Schedules (detailing sources like donations, membership dues, investment income)

501(c)(3) Application & Startup Assistance

If you’re launching a new nonprofit, we can prepare your IRS Form 1023 application for tax-exempt status and guide you through the entire setup process. This includes:

• Drafting Articles of Incorporation with required IRS provisions

• Obtaining your Employer Identification Number (EIN)

• Creating Bylaws and Board Meeting Minutes

• Preparing financial forecasts and initial accounting systems

• Submitting the IRS filing/processing fee

We Can Also Assist With:

• Gathering board member resumes and membership lists

• Compiling asset/liability inventories

• Drafting mission statements, activity/program documentation, and faith statements (for religious orgs)

• Organizing fundraising program descriptions and historical financial data

• Preparing incorporation documents and setting up payroll accounts

Specialized Support for Churches

Churches and religious organizations face unique tax challenges, especially regarding the dual tax status of ministers. We ensure proper documentation of:

• Pastoral housing allowances

• Benefit reporting

• Church financial activity compliance

Let Us Help You Stay Focused on Your Mission

Whether you’re starting a nonprofit from scratch or need help maintaining compliance, PSA CPA is your trusted partner. We’ll handle the paperwork, accounting, and IRS interactions—so you can focus on making a difference.

📞 Contact us today to schedule a consultation and take the stress out of managing your nonprofit’s financial and tax responsibilities.