Nonprofits

We have built our reputation on helping nonprofit organizations of all sizes.

Gelman, Rosenberg & Freedman CPAs has been committed to providing exceptional service to the nonprofit industry for more than 30 years–this community is the cornerstone of our practice.  Our professionals provide solutions and best practice recommendations to help nonprofits maintain financial stability with increased accountability and transparency, an especially important goal during these economically volatile times.

We currently provide services to more than 600 tax-exempt organizations in the greater Washington metropolitan region, across the nation and around the world, including:

  • Trade and membership associations
  • International non-governmental organizations (foreign and domestic)
  • Human and social services organizations
  • Cultural arts organizations
  • Private foundations
  • Faith-based organizations
  • Public interest organizations
  • Other charitable institutions

Our leadership and staff are actively involved in the nonprofit industry by participating on boards, volunteering or through membership in a number of different industry groups. We write articles and present seminars throughout the nonprofit community related to auditing, tax, and financial management to keep clients informed and up to date on relevant topics. Sign up for newsletters that contain helpful financial resources for nonprofit organizations.

Nonprofit Audit and Assurance Services

Our firm’s leadership offers more than a century of combined experience helping tax-exempt organizations achieve financial and operational success. In addition to nonprofit audit and assurance services, which represent the majority of our work, we also provide the following:

  • Agreed-upon procedures
  • Nonprofit tax compliance and consulting services
  • Organizational, operational and financial analysis
  • Revenue recognition assessments
  • Expenses allocation analysis
  • Internal control evaluation
  • Budget preparation
  • Strategic planning
  • Indirect cost rate
  • Accounting policies and procedures manuals
  • Information technology design and installation
  • Financial and management reporting
  • Board development
  • Grant management review
  • Cash flow projections
  • Training of finance personnel
  • Ballot counting

Nonprofit Tax Specialists

Our CPA help nonprofits of all sizes put their best foot forward when it comes to IRS Form 990 preparation, tax strategy and maintaining tax-exempt status. Learn more about nonprofit tax.

 

International NGOs

International non-governmental organizations that deliver development, humanitarian and relief programs around the world face a unique set of challenges when it comes to oversight of their financial operations. Monitoring field office activity, ensuring compliance with US government regulations and monitoring strong internal controls are some considerations for executive and financial personnel as they serve communities around the world.

Accounting professionals with extensive experience working with international organizations can help ensure your programs and activities are financially sound and comply with all necessary regulations, policies and procedures including the OMB Circulars and other relevant federal award requirements. The auditors and consultants of Gelman, Rosenberg & Freedman are unusual among accountants.

We are familiar with the requirements of different domestic and international funding agencies and we also have extensive experience working with NGOs that maintain global operations. Ninety percent of our auditors have traveled internationally on behalf of GRF clients, no matter where they are. Not every auditor can say that.

As a result, we understand the conditions under which international organizations work.

Contact Us

Terri M. McKnight, CPA

Nonprofit Audit Partner and Director of Audit

Richard J. Locastro, CPA, JD

Nonprofit Tax Partner and Director of Nonprofit Tax