Take control of your cause, let us handle the rest
A common misconception of nonprofit organizations is related to their payroll and tax obligations. Just because the business itself is not operating to turn a profit does not mean employees of the nonprofit aren’t paid and the company isn’t subject to tax laws.
For many people who start a nonprofit to pursue noble causes, they are often surprised at the burden they must bear regarding taxes and payroll. In some cases, these added administrative duties can distract them from their cause and keep their organization from doing the most good.
Our payroll services business is based in the East Bay Area and we have a passion for helping business owners of any industry take back control of their operations by removing the burden of administrative tasks from their list of responsibilities. We have numerous clients in Livermore, San Ramon and the entire region, and while many of our clients are for profit entities, we have a great deal of experience working with nonprofits as well.
Many small nonprofits handle their payroll in-house, which can be tedious and prone to errors. Employees of nonprofits must still file for their personal taxes, receive regular paychecks and those checks must have the appropriate amount of FICA taxes taken out.
Even though the business is a nonprofit, it still must match the employee’s taxes paid into social security and medicare, as well as applicable state and local taxes. These calculations are based on their income and their number of withholdings, and if they are not correct the company (even if it’s a nonprofit) could be fined. The money withheld must also be sent to the appropriate governing body regularly, which adds to the tasks for a payroll manager.
Since this is the case, running the payroll department for a nonprofit company is just as difficult in many ways as handling payroll for a for profit company and should be handled with the same care.
Expecting the person running the nonprofit or a member of their team to take on payroll operations while still focusing on their mission is a tall task, and could keep the nonprofit from reaching its full potential. Plus, doing those same calculations in-house can lead to errors.
Luckily, there is an easy solution. We partner with nonprofits in the East Bay Area to handle their payroll entirely and allow them to focus on what’s important. Our team has the software and expertise to handle any payroll need, and we stay current on all laws regarding payroll to ensure there is no issue with your company’s nonprofit status.
Our team will handle the tax calculation, payment of taxes due to government entities and allow your employees to view all pay stubs and tax paperwork plus make any changes to their status online.
Our existing clients love the ability to re-focus on their mission and find new opportunities for their nonprofit to succeed. If you feel your nonprofit could benefit from our payroll expertise, please feel free to reach out today!
