Not-for-profit accounting

The nonprofit industry has unique and specific tax and accounting needs. Successful nonprofits depend on their many component parts — funding, donations from individuals and businesses, volunteers, and their paid staff — working as one to achieve the organization’s mission.

If you’re a director for a local nonprofit, or part of the management team for a not-for-profit corporation, the team at Torkelson & Associates has the expertise you need to maintain financial viability for your organization and help it to grow and continue to serve the needs of the community it was founded to assist.

We provide accounting and tax advice and services for health & human services organizations, community services, private educational services, and 501(c)(3)’s throughout Northern California.

Our firm has extensive experience assisting not-for-profit organizations, including providing the following services:

Management consulting
Employee benefits
Cash flow management
Budgeting and forecasting
Fundraising consultation
Grant compliance
Accounting system implementation
Compensation consultation
Meeting Federal reporting guidelines
Filing for exempt status
Creating and using budgets
Developing and implementing fund accounting systems.

Our understanding of the distinct issues facing nonprofits in today’s economy is invaluable to our clients in the nonprofit sector.

Connect with us to learn more using our Contact form.