Financial Strategy for Entertainment Professionals - Structured for Growth.

Non-Profit Organizations

Let's All Give a Helping Hand

We have extensive experience in assisting with the preparation and assembly of all of the necessary documents and can help with all phases of non-profit accounting.

Who We Serve

The nonprofit world is mission-driven and ever-evolving—your finances should support that, not slow you down. At ABC Financial Group, we bring clarity and strategy to nonprofit leaders, boards, and teams, so you can stay focused on advancing your mission and serving your community.

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Nonprofit Reporting & Compliance Requirements

As a non-profit organization, the IRS has specific reporting requirements that must be met each and every year in order to continue to qualify for tax-exempt status. This includes submitting Form 990 and its relations, including a number of specific items such as:

  • An Income Statement providing category breakdowns on donations, salaries paid, rent, postage and more. Revenues and expenses also need to be broken down in detail.

  • A Balance Sheet that accounts for cash, accounts payable and accounts receivable and more.

  • A Functional Expense Statement that provides information on all expenses related to fundraising, program services provided and general operations.

  • An Individual Program Expense Statement spelling out each program or service’s expenses, including any mailings that are sent out or educational programs that have been held.

  • Detailed Revenue Support Schedules providing information on the sources from which the organization gets its income, including a breakdown of specific category revenues for membership fees, donations, investment revenue and the like. 

In addition to preparing these important support documents, we are also able to provide you with business services specifically designed for the needs of tax-exempt organizations.  

Our Services Include:

  • The preparation and review of financial statements for the organization

  • Creation, installation and maintenance of an Accounting System specific to your needs.

  • Payroll preparation on a weekly, biweekly or monthly schedule.

  • Preparation of Payroll Taxes, as well as setting up deposits.

  • Bookkeeping training on the accounting system for your staff.

  • Preparation and filing of all non-profit status paperwork and applications.

  • Special training for your advisory board regarding how to properly use non-profit financial statements, as well as budgeting for non-profit expenses.

  • Preparation and submission of all tax forms, including the 990 and 990T forms.

  • Preparation of all incorporation documentation, as well as all other paperwork required for non-profit startups, including federal employee identification number and payroll set up.

  • We provide benefit documentation as well as the preparation of pastoral housing allowances for churches in keeping with the dual status of ministers. 

For those individuals who are creating new non-profit organizations, we are able to help with you all of the documentation required as part of the 501 (c)(3) application, including the Articles of Incorporation containing the Exempt Purpose as described in the IRS code and defined in Treasure Regulation 1.501(c)(3)-1 Paragraph d and the Dissolution Statement described in Treasury Regulation 1.501(c)(3)-1 Paragraph b subparagraph 4 (“Organizational Test”).

In addition, we can help you with all other requirements, including: 

  • Obtaining an Employer Identification Number

  • Creating bylaws for the organization

  • Minutes of board meetings

  • Names, addresses and resumes of Board Members

  • Active member names and addresses

  • A complete inventory of assets

  • A complete inventory of liabilities

  • Assembling all Rent/Lease agreements

  • Revenue and Expense Statements for the prior four years, or if  the organization hasn’t existed for four years for as long as the organization has been in existence.

  • Written reason for Formation and History of the organization

  • Mission Statement or Statement of Faith or Belief

  • Activities, operations and program documentation, including statement of purpose, fundraisers, pamphlets, etc.

  • Financial Support Documentation, including accounting of revenue including tithes, contributions, fundraisers, etc.

  • Preparation of IRS Processing/Filing Fee

Why Choose ABC Financial Group

We have extensive experience in assisting with the preparation and assembly of all of the necessary documents and can help with all phases of non-profit accounting. We’re here to simplify the financial side, so you can stay focused on the work that matters most.

How It Works
Discovery Call – Schedule a quick 15-minute consultation.

Onboarding – Upload documents securely through our client portal.

Proposal & Kickoff – Approve a tailored plan and we get to work immediately.
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Tools You’ll Use

We make finances simple with industry-leading tools:

  • Accounting software for accurate, automated bookkeeping

  • Secure Client Portal with 24/7 access to files and progress

  • Organized communication and document management

Let’s Talk

Ready to strengthen your nonprofit's financial foundation? We’re here to support your mission. Let's connect and discuss how we can help you make the most of every dollar.

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