Accounting & Tax Services for Nonprofit Organizations
Nonprofit organizations face a unique set of accounting, compliance, and governance challenges that differ substantially from for-profit businesses. Maintaining tax-exempt status, managing grant restrictions, producing accurate Form 990s, and demonstrating financial transparency to donors and regulators requires specialized expertise. Accounting Intelligence serves 501(c)(3) public charities, private foundations, trade associations, and other tax-exempt organizations throughout Houston and Texas.
We provide fund accounting services that track restricted and unrestricted funds separately, ensuring your financials accurately reflect grant compliance and donor intent. Our CPAs prepare Form 990 returns with the care and attention they deserve — the 990 is a public document, and its completeness and accuracy directly affect donor confidence and regulatory standing. We also assist organizations with the application process for initial exemption (Form 1023) and with maintaining compliance after exemption is granted.
Nonprofits receiving federal or state grants may be subject to Uniform Guidance audit requirements (formerly OMB A-133). Our team has extensive experience with single audits, helping organizations prepare for and navigate the audit process while maintaining the internal controls required for ongoing grant eligibility.
Nonprofit Accounting Services
- Fund accounting and grant compliance tracking
- Form 990 and 990-PF preparation and review
- IRS Form 1023 / 1023-EZ exemption applications
- Uniform Guidance / single audit preparation and support
- Board financial reporting and dashboard creation
- Endowment accounting and investment reporting
- Unrelated business income (UBIT) analysis and planning
Tax preparation and advanced tax planning are provided through Sanderson & Williams, PLLC.
