Incorporation, Applying for 501(c)(3) Status, Accounting, Tax Preparation

It you have a great charitable idea then it may be the time to start a new Non profit organization to give back to the community and get compensated for your goodwill. Whether it's a 501c3 non profit organizations or otherwise, we can help you each step of the way from forming your Non profit Corporation to making sure you are in compliance with the IRS rules and regulations.

Starting a Nonprofit organization generally starts with forming a Nonprofit Corporation. Then, depending on your nonprofit purpose, you may be eligible to also apply for a 501c3 tax exempt status with the IRS and California state. Upon your 501c3 approval, donations made to your nonprofit may be tax deductible and the income earned by your nonprofit may be nontaxable.

We will help you with:
•forming your nonprofit corporation
•applying for tax exemption for your 501c3 tax exempt organization
(with the IRS and Franchise Tax Board)
•Preparing your federal and state nonprofit organization tax returns
•Providing bookkeeping services for your nonprofit organization
•Providing payroll services for your nonprofit organization
•Providing consulting services for your nonprofit organization through the year

Nonprofit Organization Free Tips and FAQs

Q: Are nonprofit organizations allowed to make profit?

Yes. In general, Nonprofit organizations are allowed to make profit.

Q: Can the directors of the nonprofit organizations receive salaries?
Yes. Generally, some of the directors of a nonprofit organization can receive a salary for the services rendered to the nonprofit organization.
Q: Can the directors of nonprofit organizations pay themselves all of profits of the nonprofit organization?
No. This is one major difference between a nonprofit organization and for profit organizations. Nonprofit organization directors can generally receive reasonable salaries, but for profit organization directors can pay themselves all of the profits of the corporation in addition to reasonable salaries. This is known as distribution of retained earnings.
What are some common web links for information on nonprofit organizations:
For IRS tax and compliance information on your nonprofit organizations try,,id=148518,00.html

For California state tax compliance information on your nonprofit organization try the following FTB page referring nonprofit organizations to as exempt organizations

Jerry Avetisyan, CPA. Certified Public Accountant and Business Consultant located in Glendale, CA. Certified Public Accountants, CPAs. For a non profit corporation, incorporating nonprofit organizations, incorporation services nonprofit organizations, forming nonprofit corporations, taxes for nonprofit organizations, taxes for 501c3 nonprofit organizations, forming nonprofit organizations, accounting for nonprofit organizations, bookkeeping services for nonprofit organizations, how to start a 501c3 nonprofit organization, starting nonprofits in
Glendale, CA, minutes from Burbank, La Crescenta, La Canada, North Hollywood, Eagle Rock, Silver Lake, Highland Park, Van Nuys, Pasadena, Rosemead, Hollywood, Monrovia, Los Angeles (LA) California and other nearby cities are Hollywood, Hollywood Hills, Santa Monica, Los Angeles, CA, Beverly Hills, Brentwood, West Hollywood, Los Angeles, LA, Glendale, Burbank, Agoura Hills, Diamond Bar, California, Lancaster, Rolling Hills Estates, Alhambra, Downey, Lawndale, Rosemead, Arcadia, Duarte, Lomita, San Dimas, Artesia, El Monte, Long Beach, San Fernando, Avalon, El Segundo, Los Angeles, San Gabriel, Azusa, Gardena, Lynwood, San Marino, Baldwin Park, Palos Verdes, Pacific Palisades, Glendale, Malibu, Santa Clarita, Bell, Glendora, Manhattan Beach, Santa Fe Springs, Bell Gardens, Hawaiian Gardens, Maywood, Santa Monica, Bellflower, Hawthorne, Monrovia, Sierra Madre, Beverly Hills, LA, CA, Hermosa Beach, Montebello, Signal Hill, Bradbury, Hidden Hills, Monterey Park, Granada, Tujunga, Sun Valley, Sunland, Topanga, Chatsworth, Northridge, Encino, Granada Hills, Woodland Hills, Van Nuys, North Hollywood, South El Monte, Huntington Park, Norwalk, South Gate, Calabasas, City of Industry, Palmdale, South Pasadena, Carson, Inglewood, Palos Verdes, Estates, Temple City, Cerritos, Irwindale, Paramount, Torrance, Claremont, La Canada, Flintridge, Pasadena, Vernon, City of Commerce, La Habra Heights, Pico Rivera, Walnut, Compton, La Mirada, Pomona, West Covina, Covina, La Puente, Rancho Palos Verdes, West Hollywood, Cudahy, La Verne, Redondo Beach, Westlake Village, Culver City, Lakewood, Rolling Hills, Whittier. glendale California


About Us
Tips and FAQs
Contact Us 7-Days a Week
Tax Preparation Services
Business Startups
Incorporation Services
Nonprofit Organizations
Bookkeeping Services
Audit Services
Payroll Services
Sales Taxes
DBA (Fictitious Business Name) Filing
Controller/Business Management Services
EIN (Employer Identification Number)
Late S-Corporation Election Relief


  © Copyright Jerry Avetisyan, CPA. All Rights Reserved.
Accounting Offices of Jerry Avetisyan, CPA