Not for Profit

Accurate financial records are essential to the success of almost any not for profit organization. Donors and potential donors must have confidence in what they are being shown and accurate tax filings are critical to ensure donations are tax deductible.  Finally, grant applications and other funding proposals can require detailed financial information. CDS has been meeting these needs of Not for Profits for over 40 years. Our Part Time Controller and Bookkeeping services ensure that the data needed by donors, potential donors, and CPAs is accurate and available on a timely basis.

Typical Bookkeeping Tasks:

  • Preparation of interim financial statements
  • Accounts receivable
  • Accounts payable
  • Monthly bank reconciliations
  • Monthly credit card reconciliations
  • Payroll and payroll taxes
  • Sales tax filings
  • Yearend W-2 and 1099 processing
  • Functional filing system
  • Chart of accounts “tuning”

Controller Services:

  • Improve financial statement usefulness
  • Create annual forecast and budget
  • Review monthly financial statements
  • Monthly budget variance analysis
  • Cash forecasting
  • Improve financial controls
  • Assist in preparing RFPs
  • Grant compliance reporting
  • Organize data for Form 990 preparation
  • Support CPA in annual audit