CPA & ACCOUNTING SERVICES FOR NON-PROFITSMaintain your non-profit’s 501c(3) federal tax-exempt status
With offices located in The Woodlands / Spring Texas, Ramdas Accounting understands the tax and financial needs of non-profit organizations through experience. We will help maintain your non-profit’s 501c(3) federal tax-exempt status by handling all the IRS reporting for you, including form 990. If you are involved in a school or university organization we will work with your members and governing body to properly account for and file the requisite tax forms at an affordable rate.
At Ramdas Accounting we understand the tax and financial needs of non-profit organizations through experience. Your organization may look nothing like our other client’s, but by meeting with you and coming to understand your unique organization, we can personalize our services to best suit you.
What makes a Non-Profit?
According to the encyclopedia, “A non-profit corporation is a corporation formed to carry out a charitable, educational, religious, literary, or scientific purpose. A non-profit corporation doesn’t pay federal or state income taxes on profits it makes from activities in which it engages to carry out its objectives. This is because the IRS and state tax agencies believe that the benefits the public derives from these organizations’ activities entitle them to a special tax-exempt status. The most common federal tax exemption for nonprofits comes from Section 501(c)(3) of the Internal Revenue Code, which is why non-profits are sometimes called 501(c)(3) corporations.” We not only help 501(c)(3) clients though, but also religious institutions and even small clubs and associations.
Why do you need us?
Your focus running a non-profit isn’t the money- it’s the mission. It may be tough to find sources of funding, know all of the intricate tax rules that non-profits must follow, and keep your organization afloat. As an organization that works on doing good, making money may not always be your first thought, and that’s why we’re here to help. For non-profits having timely, accurate financial information and statements can help your organization plan and move ahead. Our current work with other non-profits lets us stay on top of changing industry regulations and issues.
We will help maintain your non-profit’s 501(c)(3) federal tax-exempt status by handling all the IRS reporting for you, including the federal Form 990. Although you may be non-profit, the government still requires you to file this lengthy yearly “tax return” to report your income and expenses to the IRS to make sure you meet the requirements for maintaining your tax-exempt status. The IRS makes your non-profit 990 publicly available for public inspection on the internet as well, so it is vital for an organization’s 990 to contain accurate information. We will work with you to make sure all of your filings are prepared as accurately as possible, as quickly and affordably as possible.
If you are involved in a school or university organization we will work with your members and governing body to properly account for and file the requisite tax forms at an affordable rate. We can help you organize and form budgets, forecast financial climates, with IRS audits, and assist with everyday bookkeeping. Whatever your income level or level of need, we can offer one time services or all the way up to full time support. Most non-profits do not have an accountant on staff, so it’s good to know you’re being taken care of by experienced, trusted professionals. We are here to help you make well informed financial decisions for the good of your non-profit organization.
Need help with your Taxes? Contact us today.
The Woodlands Office
1790 Hughes Landing Boulevard, Suite 400
The Woodlands, TX 77380