Services

Is your nonprofit looking for an accounting firm that specializes in working with 501(c)(3) organizations? Perhaps you have tax specific questions regarding your returns, your audit or your overall financial systems and protocols. Many CPAs aren’t knowledgeable and experienced in working with the unique circumstances surrounding not-for-profit entities.

We Understand Nonprofits

ESP knows that not only is the nonprofit accounting function complex, but that many nonprofit organizations can’t afford to hire highly skilled personnel and/or support a robust accounting department. We understand your resources may be limited and we’re dedicated to helping you optimize your systems while also educating you about why and how to maintain them.

You Are a Valued Client

The quality of the services we provide, our care for your nonprofit, and our commitment to providing you with excellent, efficient services extends to our use of the best technology in the business.  Working with us, you’ll experience:

Secure, Client Portal

Our online portal allows us to easily and securely transfer files to one another. There’s no maximum file size, nearly all file types are supported and you can manage your internal users or we can do it for you. Files are also securely stored for up to seven years, so your prior year tax returns and reports are at your fingertips.

Paperless Auditing Tools

We use the industry’s best paperless auditing tools, both for storage and management, ensuring our documentation is complete, accurate, and easily rolled forward into each year’s engagements. This helps us focus on what’s new with your agency each year, making our work more useful and efficient.

Cloud-Based Accounting Solutions

Our focus on cloud-based technologies ensures that all personnel involved in your accounting function and fiscal oversight have access to meaningful information, quickly and easily. While we can and will work in Quickbooks, by leveraging our cloud-based solutions your information is more secure, our costs are lower and we can provide you and your team with the best, customized reporting.

“Best in Show” Tax Software

The IRS actively promotes electronic filing, and so do we. Electronic return completion and processing, integrated with auditing tools and cloud-based accounting solutions, allows for accurate, complete and timely returns. The IRS typically confirms receipt of our electronically filed returns within 72 hours.

ACCOUNTING

Hiring a CPA firm to assist with your daily bookkeeping and financial management functions has distinct advantages, including an increased confidence that it will be done right the first time. By hiring ESP, you’re guaranteed the added advantage of efficient, cost-effective support from experts in the nonprofit accounting field.  Our accounting services focus specifically on nonprofit organizations and include:

  • Write-up services;
  • Full-charge bookkeeping;
  • Set up and management of accounting software (either on-site or cloud-based);
  • CFO services;
  • Historical clean up or reconciliation projects; and
  • Other special projects on a single or on-going basis.

TAX SERVICES

At ESP, we understand how intimidating it can be to prepare your nonprofit’s taxes and interact with the IRS. Making sense of the complex regulations, rules, and guidelines affecting nonprofits can be extremely daunting.

By working with ESP on your organization’s taxes, your accounting staff and Board of Directors can rest easier knowing a professional is stewarding your relationship with the government. Licensed in California and Hawaii, we’re also able to work with clients in both states on state, local, or federal tax matters.

Our specialization in the area of nonprofit tax regulations means we’re highly qualified to handle your nonprofit’s unique situation. Moreover, we enjoy helping to educate nonprofits on how best to work with the IRS. And, when needed, we can interface directly with governmental agencies, relieving you of any unnecessary stress and complications. 

Tax Preparation Services

Many nonprofits scramble when it comes time to file their annual tax returns, believing that filing by the deadline is of primary importance. As a public disclosure document (provided directly to Guidestar by the IRS), your tax documents are so much more. Meeting tax deadlines is a priority at ESP, and because we specialize in preparation of the Form 990 and other nonprofit filings, we use first-rate tools to ensure accurate, complete and timely filing.  We also know that it’s as important to consider the numerous text-based areas of the Form 990, which provide context to financial results. As such, ESP works with you to develop a narrative that will be understandable and positively received by your donors and potential funders.

Our firm also invests in “best in class” software to complete and e-file your return, and our secure portal allows you to upload necessary documents in a secure environment, reducing the turnaround time in providing us with the information needed to prepare your return. We’ve dedicated ourselves to creating the most efficient and secure systems, using the best in paperless information technology.

Finally, by hiring ESP to prepare your nonprofit’s tax return, we unburden your staff, allowing them to focus on other priorities.

Tax Consulting Services

As your nonprofit’s tax consultant, we can also provide in-depth tax advice on an as-needed basis. Perhaps you’ve received an IRS notice and aren’t sure how to respond. Or maybe you’ve been alerted to a prior year tax issue in which you didn’t file a particular form. So many types of tax issues come up during the year and ESP is delighted to be your nonprofit’s go-to tax advisor.  We work with the IRS, California’s EDD, Attorney General and Franchise Tax Board, and Hawaii’s Attorney General and Department of Taxation. As the agent for your nonprofit we make the process of resolving any tax concerns smooth and worry-free.

CONSULTING

With our dedicated experience working with small to medium-sized nonprofits, we understand your organization may have limited resources. Many nonprofits run extremely lean operations and, as a result, don’t have robust accounting functions. Your nonprofit may find itself in situations where you need additional accounting assistance on a project basis, or even ongoing to fill those gaps.  ESP provides high-quality, cost-effective and detailed services to meet these needs.  

In addition to assisting nonprofit organizations with audits and attestation, taxes and accounting, ESP also provides additional accounting consulting services, tailored to your nonprofit’s unique needs. These services can include:

  • Governance training
  • Quickbooks training
  • Internal controls training
  • Developing accounting policies and procedures (P&Ps)
  • CFO function or Bookkeeper oversight
  • Financial forecasting
  • Accounting software analysis
  • Chart of accounts review

QUESTIONS? 

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