Not-For-Profit Organizations

Not-For-Profit Organizations today face unique business and financial challenges. From declining federal and state grant funding to increased oversight from regulatory and tax authorities, including greater compliance requirements, effectively managing a not-for-profit is more complex than ever before.

Service Offerings

Financial Assurance

  • Financial Statement Audits; Single and Grant
  • Quarterly/Monthly Reviews and Compilations
  • Performance Audits
  • Budget Review and Development
  • Agreed Upon Procedures
  • Internal Control Reviews

Tax Services

  • Tax Preparation, Filings and Registrations including: Federal Forms 990, 990-T, 990-PF;
  • Tax compliance including IRS and state audit examination representation
  • 1023 Application for Recognition of Exemption for new organizations
  • State Charity Registration and Annual Filings
  • Unrelated Business Income Analysis
  • Intermediate Sanctions/Compensation

Consulting Services

  • Outsourced accounting services
  • Accounting system implementation
  • QuickBooks and Intacct services
  • Accounting business process review
  • Accounting policies and procedures
  • Information Technology/Computer consulting
  • Human Resources- operational processes, recruitment efforts and compliance with employment laws

Types of Not-For-Profit Clients We Serve

  • Private Foundations
  • Performing Arts Centers
  • Museums
  • Healthcare Entities, such as:
    • Healthcare Centers
    • Mental Health Centers
    • Hospices
  • Organ, Tissue and Blood Donation Centers
  • Private Educational Institutions
  • Social Welfare Organizations
  • Professional Associations
  • Housing

“As a community based NonProfit Hospice we need more than just an annual review to navigate the legal and practical standards for our industry. Diana, Ugochi and Team provide guidance year round to help our business strategies. Wiss is not just our accounting firm, they are our partners in serving the community!”

Frank Brady, MPA, RN
President, Center for Hope Hospice, Inc.

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