Every non-profit has operational processes that must be repeated periodically. Optimizing these processes to maximize efficiency is important for ensuring that your non-profit minimizes costs. Even tightly run organizations can use some improvement — particularly in the accounting area. Here are six … Read More
Nonprofit Audit
Embark on a journey of financial integrity and transparency with our Nonprofit Audit services. For nonprofits, accountability is paramount, and a thorough audit is not just a regulatory requirement but a strategic step towards organizational excellence.
Our team of auditors specializes in understanding the unique challenges and nuances of nonprofit finances. We go beyond the numbers, delving into the intricacies of your financial records, internal controls, and compliance processes. The goal is not only to ensure adherence to regulations but to provide valuable insights that empower your organization to fulfill its mission more effectively.
A Nonprofit Audit is a powerful tool to build trust among donors, stakeholders, and the community you serve. It demonstrates a commitment to responsible financial management and strengthens your organization's credibility. Our audit services are designed to align with the specific needs of nonprofits, ensuring that you not only meet regulatory standards but also enhance your overall financial health.
Navigating the financial landscape of nonprofits requires expertise and a nuanced understanding of the sector. With our dedicated auditors by your side, you can navigate these complexities with confidence. Stay ahead of regulatory changes, identify areas for improvement, and build a foundation for sustained success.
Beyond the audit process, we foster a collaborative relationship. Our team works closely with your organization, offering guidance on best practices and strategic financial management. We believe in being more than auditors; we aim to be partners in your mission, contributing to the long-term success of your nonprofit.
In a world where transparency is synonymous with trust, our Nonprofit Audit services are your gateway to a future of financial resilience and organizational impact. Let us be your trusted ally in ensuring that your nonprofit not only meets but exceeds financial expectations, making a lasting difference in the communities you serve.
Transitioning your Non-Profit from Overhead to Impact
Local and national watchdog groups have played an important role in helping donors identify questionable non-profits for decades. However, the measurement standards have evolved since groups such as GuideStar, Charity Navigator, and the Better Business Bureau’s Wise Giving Alliance began issuing … Read More
Leveraging Accountability to Grow your Non-Profit
Your non-profit’s mission is the core of your organization, and it is imperative that not only does your organization make an impact, but that it does so effectively and that the broader community understands this impact. Accountability allows for the work your non-profit does day in and day out to … Read More
Why Accounting Methods Create Differences in your Financial Statements
Your organization likely develops financial statements internally throughout the years for your Board of Directors. This might include reports every month, quarter, or another cycle that your board prefers. Then, at year end, your auditors always propose adjustments. Why the consistent … Read More
How to Determine the Value of Donated Items for you Non-Profit
It can be difficult for non-profit organizations to value non-cash and in-kind donations. There are several purposes for valuing donations including record-keeping or providing a value for charitable tax deduction. Either way, your non-profit’s tax needs will likely include valuing donations at … Read More
Choosing the Right Insurance for your Non-Profit
Risk management is important for every organization to integrate into their operating strategy. Insurance is the cornerstone of any risk management plan, including your non-profit organization’s financial plan. While insurance cannot protect your organization from every adverse situation, it is … Read More
How to Keep Volunteers Coming Back to your Non-Profit
While it may be easy to attract motivated volunteers to your organization, it is much more difficult to transform that energy into a dedicated, long-term group of volunteers. And that evolution is worth it - Independent Sector, a non-profit advocacy organization, puts the value of the average … Read More
How to know if your Non-Profit’s Special Event should be Repeated Next Year
Non-profits use special events to raise large amounts in a short period of time. Most often, the donor receives a direct benefit from the event — such as dinner or participation in a gaming activity. But special events don’t always meet their fundraising goals. In fact, organizations can lose money … Read More
Considering Whether to Compensate your Non-Profit’s Board Members
Non-profit board members are legally able to be compensated, and sometimes it might even be necessary. But is it right for your organization? Strengthen Governance: Empower Non-Profit's Board Members. Explore insights for effective leadership, collaboration, and mission-driven success. Pro and cons … Read More
Revisiting the Donor Bill of Rights to Help Evaluate Fundraising at your Non-Profit
The Donor Bill of Rights was designed about 25 years ago to provide an outline of best practices for fundraising in non-profits. While the list has been criticized for being out of date today or not being comprehensive, its basic principles are worth revisiting. Incorporating lessons from the Donor … Read More