Not-for-Profit

​Organizations

A registered charity must file an annual T3010 information return with a copy of the charity’s financial statements no later than six months after the end of the charity’s fiscal period.  Other non-profit organization if received investment income totaling more than $10,000 or owned assets over $200,000 should filed a non-profit organization information return (T1044) annually.

If a registered charity does not file its annual information return within six months after the end of its fiscal year, its registration could be revoked for failure to file.

When the charity issue official donation receipts, there are specific requirements for both gifts of cash and non-cash gifts.  It is important to remember that a registered charity cannot issue receipts for contributions of services provided to the charity, on behalf of another organization or charity, or in a name other than the name of the true donor.
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Our firm offer assurance services and comprehensive filing and consulting services to help not-for-profit organizations meet all the requirements set by Canada Revenue Agency.  Our firm also offer bookkeeping and accounting system set up consultation services to help directors oversees the financials of the non-for-profit organizations. 

​If you are looking for our assistance, please complete the appropriate checklists and call us at 604-267-1220 or send us an e-mail at info@kyipcpa.com for an appointment.