Non-Profit Started And Managed

Let Us Help You Create
The Non-Profit of Your Dreams!

In order to setup and maintain your tax exempt status, your organization must meet very specific expense and income classifications. The IRS determines your eligibility with the following:

Yearly Income Statements – categorizing specific expense and revenue details such as donations, salaries, postage, rent, etc.

A Yearly Balance Sheet – including cash, accounts receivable and accounts payable.

Individual Program Expense Statements – detailing every expense for each program, service or seminar, including things like educational mailings.

Revenue Support Schedules – detailing charitable donations, membership fees, and investment interest.

As you can see, the way you set up your bookkeeping and accounting system is crucial to successful maintenance of non-profit status. Luckily, we can help you create the necessary bookkeeping systems and can even take care of filing the forms for you yearly.

Our non-profit services include…

  • Filing of your non-profit status application, initial start-up documentation, incorporation, FEIN, and payroll setup with federal and state agencies. For new non-profits, contact us for a list of items needed to apply for 501 (c)(3) status.
  • Reviewing and compilation of your financial statements.
  • Design, training and maintenance for your accounting system.
  • Payroll management and preparation.
  • Yearly filing of the necessary IRS tax forms.
  • Board training services regarding non-profit budgeting and management practices.
  • For Churches, we prepare the pastoral housing allowance and other required benefit documentations.

Ready to come in for an appointment?

Our schedule is very full…but if you call us at (865) 379-9300 or email us we’ll give you two options for coming in right away! We will NOT make dealing with a tax professional as painful as it’s been in the past!

What our Clients are saying

Great office. Friendly, helpful and experienced staff. They are experts in their field and their services are a huge benefit to any individual or business.

TJ Foster

“We have been using Tracy Carico, CPA for many years. We had two previous accountants (I use that term loosely) who had done such a horrific job on our taxes that if we hadn’t found Tracy when we did, we’d probably be living under a bridge! She really worked hard to rectify the mistakes of the past accountants and the results were mindblowing! When it comes to your taxes, don’t cut corners! You will regret it! Hire an accountant that knows their profession and is professional, and Tracy is both. We are eternally grateful to Tracy and will continue to use her in the years to come.”

Ruff Hikes

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