Not-for-Profit
You formed your organization with a specific mission in mind, whether healthcare for the poor, education for the underprivileged, or another worthy goal. But today’s financial world demands a focus on many other things, including: donor scrutiny, regulatory compliance, and endowment investment challenges.
Fesnak’s not-for-profit experts are especially qualified to help you understand your financial condition and suggest ways to improve its performance. We understand the demands of your various audiences – grantors, contributors, lenders, board of directors, the IRS – and can help you respond correctly.
In addition to the traditional tax and accounting services tailored to a non-profit’s needs, Fesnak’s non-profit experts assist these clients with:
- Revenue recognition under grants and contracts
- Accounting for split interest and annuity agreements
- Analyzing contributions versus exchange or agency transactions
- Cash flow analysis
- Audits, reviews and compilations of financial statements
- OMB Circular A-133 testing and reports
- Agreed-upon-procedures engagements
- Federal, state and local tax compliance, planning and return preparation
- Assistance with employee benefit plan structures and filing requirements
- Guidance for governing board compliance with today’s “best practices”
- Organizational structure
- Internal-control and risk-management reviews