Non-Profit Accounting for Schools

Operating a nonprofit organization like a school or college hinges on obtaining sufficient funding and managing it well. There are very specific financial rules and regulations governing the activities of nonprofits so you must have the talent in place to make every dollar count. Magone & Company, P.C. has the knowledge and experience to provide accounting and tax services for educational organizations in the Greater New York Metro area.

When you work with us, we'll organize and improve your financial processes to make the most of your donations. We'll bring clarity to your financial statements, so you can easily see where your money is going and where you can eliminate expenses. With us in charge of your books, you'll have more time to further your mission by increasing enrollment and obtaining new sources of funding. We'll also make sure you avoid any income-generating activities, so you can keep your tax exempt status. If you haven't applied yet, we can assist you in filing the necessary paperwork and, at the end of the year, we'll prepare your Form 990 tax return.

Want to learn more about the non-profit accounting services we offer to schools? Call Magone & Company, P.C. at 973-301-2300 and request a free consultation to get started. We'll explain how working with us is cost-effective for public and parochial schools, colleges, and universities of all sizes.

Our non-profit accounting services include:

Accounting and bookkeeping

Accounts payable and receivable, bank reconciliations, payroll, budgeting and more.

Tax planning and compliance

Tax preparation, planning and filing of your tax exempt status form 501(c) (3).

Outsourced CFO and controllers services

Strategic planning, forecasting, financial controls and more.

Non-profit audit services

Audit and assurance services to help you secure funding.