Not-For-Profit Accounting

From Auditing Nonprofit Financial Statements to Preparing Nonprofit Tax Returns

NotForProfitPageArtThe not-for-profit (NFP) sector differs from business enterprises because of their exempt status. Accounting functions need to be carefully tracked for tax-filing purposes, cash flow management and third-party audits to ensure financial stability. Gumbiner Savett’s NFP practice was founded with a mission to provide quality client focused, accounting services to charitable organizations. Our practice works with charities in various sectors, including associations, private foundations, religious organization and higher education among others.

We assist with your compliance needs and help you answer growth related questions. As a firm, we aim to assist our clients as they build towards a successful future. In accomplishing this goal, we provide:

  • Traditional audit of nonprofit financial statements
  • Nonprofit tax return preparation services
  • Business advisory services as current independence standards allow
  • Presentations to staff and boards on the impact of changes in accounting and auditing standards

We are very committed to helping our nonprofit clients thrive. As a firm, we support many community organizations through our monthly “Jeans Days” and our formal charitable programs.