Non-Profit Organizations

Local Charities in Bermuda must submitt their financial reports (Income n Expense Statement and Balance Sheet ) 6 months after the end of their fiscal year.

If your charity needs help producing these reports, please contact us.. We can help you produce the following reports that will benefit your board of directors and attract investors as well...

  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.

Here's what we do for you...

  • Design, install, and maintain your Accounting System

  • Compile Financial Statements via accounting system

  • Weekly, bi-weekly, or monthly payroll preparation

  • Payroll Tax Preparation and Deposits

  • Provide training for your accounting personnel

Let us help you setup and/or maintain your non-profit tax-exempt status by requesting a free consultation below.

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