Not for Profit Organizations

NOT FOR PROFIT ORGANIZATIONS

Our firm is committed to providing the support that enables not for profit organizations achieve its goals and objectives by contributing our talents and resources. Our professionals have the expertise in working with agencies such as foundations, health and welfare organizations, churches, civic groups, labor unions and other organizations.

We provide the following services to not for profit organizations:

Audit and Assurance

To achieve the highest level of assurance to your organization’s donors, governmental agencies and beneficiaries:

Audit of financial statements
Review of financial statements
Compilation of financial statements
Regulatory and statutory compliance engagements
Internal control evaluation
Review of accounting policies and procedures
Operational audits focused on internal controls and personnel policies
Retirement and employee benefit plan audit
Agreed upon procedures

Tax

To ensure that your organization maintains its tax-exempt status and meets its ongoing compliance responsibilities:

Preparation of annual internal revenue service (IRS) form 990 and 990-T
Analysis of operations for unrelated business income tax (UBIT)
Application and reinstatement of tax exempt status
Representation with IRS regarding audit, penalties and other disputes

Consulting

To improve efficiency and effectiveness of your organizations charitable cause:

Educating board members on their fiscal responsibilities
Evaluate organization’s operations and review of current spending policies
Assist in developing operational budgets that accomplish the organization’s goals
Analyze the effect of changing environment on the organizations operations
Provide recommendation to improve financial oversight and governance
Graphical presentation of operations results for managerial decision making
Measurement of prior period performance against the current period
Analysis of the relationship between categories within the financial statements and as part of regulatory requirements
Develop financial projection and cash flow analysis
Account reconciliation, analysus and special accounting transactions