Non-Profit Services

Huddleston Tax CPAs, is a full service certified public accounting firm that serves the accounting, auditing and consulting needs of nonprofit organizations in the greater Seattle area. We recognize these organizations operate in a unique and challenging environment, which allows us to focus on their needs while maintaining a commitment to quality and personal service.

Nonprofit organizations are concerned with monetary constraints. We work with our clients in professional relationships to assist with their growth, evaluate their costs, and help them become as efficient as possible. Please contact us with any questions or to discuss how we can help your nonprofit with our services.

Our services include, but are not limited to:

• Perform audit, review and/or a compilation of your financial statements.
• Design, install, and maintain an accounting system to meet your specific needs.
• Weekly, biweekly, or monthly payroll preparation.
• Payroll tax preparation.
• Provide training for your accounting personnel.
• Complete and file your non-profit status application.
• Provide training for your management team and board on non-profit financial statement usage and effective budgeting practices.
• Prepare and file Forms 990 and 990T.
• Prepare your initial start-up documentation, including corporation, federal employee identification number (FEIN), and payroll setup with federal and state agencies.
• Consulting engagements to discuss any other matters.

Nonprofits have many aspects that differ from, for profit accounting. At Huddleston Tax CPAs we work with these unique aspects daily and can pass this knowledge onto you. A few items to consider include:

Request for Proposal (RFP): What your organization needs to ask for when seeking a CPA firm for your annual audit.

Why Internal Controls are important: Nonprofits are obligated to make sure donor funds are used properly and safeguarded, good internal controls can help.

Endowment Accounting Considerations: Every nonprofits dream, but without the right accounting can become a legal nightmare.

Functional Expenses: One of the items listed on the IRS Form 990 that needs accurate record keeping to be correctly reported on the tax return.

Noncash Contributions: All contributions should be recorded, including material items and service hours from professionals.

New Nonprofit Reporting Standards: The nonprofit reporting has changed dramatically over the past year; do you know the rules?