Nonprofit Organizations

Specialized Practice Areas : Nonprofit Organizations

For more than 25 years, our professionals have dedicated their expertise to providing auditing and accounting services to the nonprofit industry. We currently serve over 500 nonprofit organizations throughout the Washington metropolitan region, the United States and around the world, including member-based associations, private voluntary organizations and other charitable institutions. This segment comprises approximately 70% of the firm’s total business. Several of our CPAs have held management positions in nonprofit organizations during their careers. All of our staff are trained and experienced with auditing nonprofit organizations and, more importantly, with the structure and unique operations of tax-exempt entities. As trained businesspersons, we work with clients to implement solutions that maximize the organization’s resources and support its programmatic success. The following table shows the breakdown of our staff who specialize in nonprofit services:

Staff Level	No.	Nonprofit Service Specialty

Partners/Principals	9	Nonprofit Audit and Consulting
Managers	4	Nonprofit Audit, Consulting, Tax and Client Services
Supervisors	7	Nonprofit Audit, Client Services, Tax
Senior Staff	9	Nonprofit Audit, Nonprofit Tax
Staff Accountants	22	Nonprofit Audit and Tax

Our Services

One of the cores of our professional practice is the audit of financial statements. Our nonprofit audits are meticulously planned, completed in a timely, efficient manner, and conducted according to the most stringent professional standards of the AICPA. A significant number of our nonprofit audit clients receive funds from the federal government and we understand the unique reporting requirements from both the granting entity’s and the recipient’s perspective.

Among our attestation services, we perform audits that comply with U.S. government requirements, such as the Federal Acquisition Regulations (FARs) and the Office of Management and Budget (OMB) Circulars A-110, A-122 and A-133. We conduct grant audits on behalf of most federal agencies, with a strong focus on USAID requirements. Our membership in the American Institute of Certified Public Accountants’ Governmental Audit Quality Center provides us with access to a national community of accounting professionals whose commitment to providing governmental audit services enhances our firm’s ability to maintain current knowledge and deliver quality services to our nonprofit clients. In addition to compliance matters, we work closely with our clients on strategic long-range planning, organizational structure including foundation and association relationships to minimize UBIT liability; investment policy analysis; retirement plans and employee benefits; alternative revenue sources; and budgeting. Our menu of services to nonprofit clients includes:

Auditing
OMB Circular A-133 compliance
Outsourced accounting
Tax return preparation
Employee benefit and pension consulting
Strategic planning and budgeting
Internal control evaluation
Indirect cost rate calculation
IT system needs analysis
Accounting system design and installation
Policy and Procedures Manuals
Training in Financial Management
Investment policy analysis
Recruiting
Review and compilation

To learn more about the expert services we provide to a particular nonprofit niche, please click the appropriate link below.

International Work
Associations