Complete Business Solutions

Business Services

Complete Business Solutions

Elder & Associates is your one-stop shop for accounting solutions.

Business owners looking to focus on their business can rely on Elder & Associates to take care of all of your accounting needs. We offer complete accounting solutions for your business; owners can focus on the front end of their business and let us take care of the back end.
  1. Income Statement with very specific revenue and expense categories like donations, salaries, postage, rent...
  2. Balance Sheet with specific categories like cash, accounts receivable, accounts payable...
  3. Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.
  4. Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.
  5. Revenue Support Schedules that detail the organization's sources of income in specific categories like charitable donations, membership fees, investment income.
The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So it's imperative that you build your accounting system around these revenue and expense classifications.

What We Do For You

Review and compile your financial statements
Design, install, and maintain your Accounting System
Weekly, bi-weekly, or monthly payroll preparation
Payroll Tax Preparation and Deposits
Provide training for your accounting personnel
Complete and file your non-profit status application
Prepare and file the 990 and 990T tax forms
Prepare your initial start-up documentation
If you're starting a new not-for-profit organization we can help you prepare your organization's 501 (c)(3) application for tax-exempt status.
Share by: