Whether you have a dedicated accounting team or you are constantly months behind on your bookkeeping, 501Core offers years of nonprofit expertise to that can bring a new level of accuracy and timeliness to all of your organization’s financial systems.
501Core manages full-service bookkeeping, including journal entries and bank reconciliations. Whether your books are caught up or way behind, we can help. 501Core manages your bookkeeping from start to finish.
Nonprofit payrolls often include many niche rules with the IRS and various states regarding ministers and other nonprofit employees or contractors. 501Core can help you comply with these rules. We can also implement various strategies for keeping your employees’ taxes lower.
Nonprofits are required to keep records for up to 7 years for all banking records, expenses, and donations. 501Core has found the best systems to digitize your records while saving you time by eliminating piles of paperwork.
501Core specializes in drafting systems for your financial processes. This includes how donations are handled, petty cash, reimbursements, payroll changes, etc. We can review, document, and update your current systems to make sure there is a strong separation of duties. This leads to less errors and removes opportunities of dishonesty by staff members.
Let us help you save time with our systems that add reimbursements directly to employees’ payrolls, while we manage your bills and payments for you.
If your organization is needing to hire a CPA firm to complete an audit, compilation, or review, 501Core can make sure your organization is ready and we will act as the go between for your organization and the auditors.
501Core offers essential CFO services, such as budgeting, cash flow projections and expertise in decision making.
Your organization may have other needs and unique situations regarding your finances. Let 501Core help!
