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Financial Services

Contract with us for bookkeeping, accounting, payroll, Form 990 preparation, and other services

We can provide your organization with ongoing finances services or help you with improvements to your financial systems. A summary of our services is below with more detailed information through the links at the bottom of the page, including links to emergency financial planning and COVID grant and loan support.

Bookkeeping /Accounting & Payroll

Let us take the guesswork out of contracting for bookkeeping, accounting, and payroll.

  • Our staff, includes several CPAs and Enrolled Agents for technical consults.
  • We can ensure your needs are met even if your financial services associate is unavailable to you due to illness or a vacation.
  • Payroll services are provided only to organizations contracting for bookkeeping/accounting.
  • There is a 4-hour monthly minimum for these services.
  • Please let us know as soon as possible if you want to use our services. Our services are always in high demand, so we may need to add staff to accommodate your needs. 

Tax/Form 990

Our highly experienced 501 Commons’ Tax and Accounting staff can prepare your Form 990 and help with tax matters. We do not conduct financial reviews or audits, but can refer you to some excellent firms.

Quick Consult/ Accounting Consulting Services

  • Use our Quick Consult program to get an answer to a specific question. Quick consults are charged a $25 for every 15 minutes up to 2 hours. (Quick Consults related to PPP loan applications are free.) Contact financeconsults@501commons.org.
  • You can contract with us for consulting on budgeting, financial policies, internal controls, financial management training, and more.

Request Services

Please complete a Request for Assistance Form or contact Financial Services Client Engagement Specialist Jenny Lundqvist at jenny@501commons.org or (206) 682-6704 ext. 108.

Financial Services Related to COVID & Economic Crisis

Every organization is navigating through uncharted waters right now.  New PPP loans, arts venue grants, and second draw PPP loans (for organizations with continued revenue losses) are available as of January 2021. Let us help you assess and improve your financial status:

Request for Assistance

Contracted Financial Services

You can focus on your services and community. We can meet your bookkeeping, accounting, and payroll processing needs.

Let us handle the numbers!

Tax & Accounting

501 Commons also offers tax preparation services for 990s, state returns, and city returns.

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Project-Based Consulting

Our staff team and Executive Service Corps experts can provide you with consultation about a challenging situation you’re facing at the moment.

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Finance Quick Consult

Have a question about financial statements, accounting rules or your organization's tax return? For only $25 per 15-minute increment you can have your questions answered by one of our Financial Services Associates! (For organizations with a budget below $1.5 million there is a 25% discount.) Just email financeconsults@501commons.org.