Tag Archives: Non-profit accounting

08.06 2015

Non-profit Audit Tips

Audits are never fun, but being prepared can help relieve a ton of pressure. Start prepping early so you can be ready when the auditor arrives. Talk to your accounting and administrative staff and get them working on the items below. Being prepared can help save you time and money!

Get prepared

  • Ask your auditor for a list of documents to gather. This is the best place to start. Review the list, see what you need to gather, and estimate how much time you need to do so. Wait to pick an audit date until you have an idea of how long it will take you to gather items and work on the additional items below.
  • Review a detail of income and expense transactions. Take a quick look at the prior years’ transactions to catch any miscoded or mis-classed items.
  • Gather donor information. Donors who gave $5,000 or more during the year will be reported on the 990. Make sure you have donor names and addresses to provide to the auditor.
  • Double check what’s sitting in grants receivable. Gather information regarding multi-year loans, and confirm any grants received from the prior closed year properly offset the grants receivable account.
  • Double check all liabilities. Confirm that ending balances for loans, accrued PTO, and other payroll liabilities are correct.
  • Make sure prior year ending balances match prior year return. Double check that account beginning balances match the ending balances for the prior year’s 990.

If you need help preparing for your audit, contact our office today!

03.08 2011

tSB Benefit at the Croc

Join tSB on Thursday, March 10, 2011 at the Crocodile for music and dancing with some of Seattle’s funkiest bands.

The very hot right now Hot Bodies in Motion will be supported by Luc and The Lovingtons (who are fresh off their tour with Jason Mraz) as well as Austin Jenkes and The First Call. This awesome show will take place at  The Crocodile and proceeds will benefit tSB!

Doors are at 7pm and music starts at 8pm. We’ll even be raffling off snow gear just for showing up!

Buy your tickets today, the last Gigs4Good event sold out!

12.10 2010

tSB Soiree’ at Fare Start

The Service Board had their annual Soiree’ at Fare Start this year and it nothing short of amazing!

If you haven’t heard of the Service Board or Fare Start then you need get here and there!

The venue, Fare Start seats 150 people downtown at 7th & Virginia and it was sold out well in advance of the event.

As we arrived the scene was electric. People were milling about the entrance collecting name tags and buying raffle tickets for sweet swag. Once inside Fare Start the upscale, contemporary decor was warm and inviting. We were surprised to discover the long, chest high table that was the center piece of the room was designated for EJK Accounting and Tax guests…Nice work EJ!

After some quality mingle time and making some anticipated introductions we settled at our tables for some fabulous “Fare” cuisine.

We heard from tSB E.D. Ashley Miller, Program Co-Coordinators Tizita Assefa and Mike Hodapp as well as couple “tSB Grandmas”.

Each had their own personal reasons for being involved with tSB which came across honest and true. We also heard from a few tSB Alumni including Varin Keokitvan who is a multiple award winning Chef and trainer at Fare Start. Varin’s talk told of his situation and how he came to tSB or I should say how tSB came to him.  tSB actually knocked on Verin’s front door, an enthusiastic and persistent Jewish man, Thomas Goldstein brought an opportunity at just the right time. Through the chuckles and tears Verin’s point was made clear to all in attendance, this is a family.

Snowboarding is exciting and fun to do and talk about when your not doing it. It’s great to share and pass along skills, gear and experiences. Snowboarding brings people to tSB but it is the family of  the Service Board that finds its way straight to your heart.

So, if you find yourself fortunate enough to be invited then please do, come share some family time.

09.07 2010

Walk to School with Feet First’s Safe Routes to School Program

Feet FirstWith fall here and school starting, parents and students once again begin the daily commute to and from school, more likely than not, in cars. According to research cited by Seattle-based non-profit and EJK client, Feet First, up to 25 percent of morning commuter traffic results from parents driving their children to school. That’s a lot of traffic!

Feet First, a 501(c3) organization focused on promoting walkable communities in the Puget Sound region and across Washington State, aims to change this by encouraging more students to walk and ride bikes—rather than ride in cars—to school. The benefits are clear—exercise, fewer cars on the road, safer streets, reduced carbon emissions and closer communities.

Among other initiatives, Feet First promotes Safe Routes to School (SRTS), including a pedestrian safety class, a walking audit and more. You can learn more about Feet First’s SRTS program and how to participate here.

In the spirit of Feet First’s mission and walkable communities, this fall, EJK’s staff has committed to walking, bicycle commuting or taking public transportation to work at least one day a week.

See you on the sidewalk!

EJK Staff