NJ NON PROFIT ACCOUNTING

Your Mission is Ours Too

Penrose & Associates knows how non-profits operate, we know your funding issues, reporting requirements and will recommend strategies for maintaining efficiency. We have over 20 years of experience with charitable organizations, trade and professional associations, private and charter schools, cooperatives, volunteer health and welfare organizations, churches, and private clubs.
The professionals at Penrose & Associates will partner with you to help you build a stronger organization with solid financial management initiatives.  We empower you to focus on your mission of raising funds for the very people who count on you every day.

Penrose & Associates Helps Non-Profit Organizations with:

  • Form 990 preparation and filing
  • State annual registration and filing
  • Application for (501 (c) (3) tax exempt status
  • Financial Statement Preparation
  • Tax exempt planning concerning related transactions
  • Consultation regarding unrelated business income tax
  • Consultation regarding for-profit subsidiaries
  • Budgeting & cash forecasting
  • Accounting system implementation assistance
  • Bank reconciliations