Brylaw, Brylaw accounting, Brylaw Accounting CA California, Brylaw Accounting CA Chino Hills, Brylaw Accounting California, Brylaw Accounting Chino Hills, Brylaw Accounting Chino Hills California, Brylaw Accounting Chino Hills Chino Hills, Brylaw accounting Firm, Brylaw Accounting Firm California, Brylaw Bookkeeping, Brylaw Bookkeeping CA, Brylaw Bookkeeping CA California, Brylaw Bookkeeping CA Chino Hills, Brylaw Bookkeeping California, Brylaw Bookkeeping Chino Hills, Brylaw Bookkeeping Chino Hills California, Brylaw Bookkeeping Chino Hills Chino Hills, Brylaw Bookkeeping Firm, Brylaw Bookkeeping Firm California, Brylaw Bookkeeping Firm Chino Hills, Brylaw CA, Brylaw CA California, Brylaw CA Chino Hills, Brylaw Califorina, Brylaw Califorina California, Brylaw Califorina Chino Hills, Brylaw California, Brylaw Chino Hills, Brylaw Chino Hills California, Brylaw Chino Hills Chino Hills, Califorinia Brylaw Accounting Chino Hills California, Califorinia Brylaw Accounting Chino Hills Chino Hills, Califorinia Brylaw Bookkeeping Chino Hills, Califorinia Brylaw Bookkeeping Chino Hills California, Califorinia Brylaw Bookkeeping Chino Hills Chino Hills

Friday, April 10, 2015

Brylaw Accounting Always Supports Non-Profit Organizations

There are many people in this world who want to make a difference in the lives of people and the best way to do that is to start a Non-Profit Organization. As we all know several of these Non-Profit Organizations have helped change the lives of people all over America and Brylaw Accounting has always been on the forefront to help and guide Non-Profit Organizations because they care about communities.

The intention may be noble but still when non profits receive funds and donation they must know the rules and regulations and have to keep their financial records. The IRS requires most tax-exempt organizations to submit the Form 990 which includes the following.

1.    Income Statement like donations, salaries, postage, rent.

2.    Balance Sheet which must include cash, accounts receivable and accounts payable.

3.    Functional Expense Statement for services, fundraising, or operations.

These are some of the points which NGO’s have to keep in mind when filing their financials. 

No comments:

Post a Comment