Not-for-Profit

Bederson understands that you want to focus on running your charitable, educational, or other nonprofit organization- not on your books and records. Count on us for sound advice and support on accounting, financial reporting, assurance and tax issues, governance, regulatory,  advisory and other matters.

Our cross disciplinary team will assist with your unique not-for-profit business activities and managing your tax-exempt or taxable status. We  work with you to prioritize, align and sustain your strategies so you can continue to build value.

Rest assured you are in expert hands.  In addition to being certified public accountants, public school accountants and certified forensic examiners, our team has deep experience working with private schools and schools for children with disabilities (PSSD’s). We have also earned  the Not-for-Profit Certificate I and II badges (see below), which assure you service at the highest practice level.

 

We enjoy providing the following services to organizations like yours:

 

  • Assistance with Budgeting and Financing
  • Audits, Reviews and Compilations
  • Internal Control Reviews
  • Monthly/Quarterly Accounting and Reporting
  • Preparation of Federal Form 990 and Required State Forms
  • Tax Compliance and Planning
  • Yellow Book and Uniform Guidance (Formerly OMB A-133) Compliance Audits

 

 

The Not-for-Profit I and II  Certificate badges were issued to us by the AICPA (Association of International Certified Professional Accountants and CIMA (Chartered Institute of Management Accountants). We are committed to providing you with the best service, up-to-the-minute knowledge and best practices available.

 

About Not-for-Profit I and II Certificate badges:

The Not-for-Profit Certificate I indicates a command of best practices in nonprofit board governance and the planning steps of a nonprofit audit engagement; applying core concepts in not-for-profit financial reporting, auditing, governance, and tax compliance concepts; recognizing U.S. GAAP reporting standards applicable to not-for-profits, and identifying basic state and federal filing requirements of exempt organizations

Professionals who earn the Not-for-Profit Certificate II apply techniques in not-for-profit financial reporting, auditing, governance, and tax compliance. They identify risk assessment and response, cash flow management, and forecasting methods to effectively steward resources. They practice preparing and analyzing nonprofit financial statements and IRS Form 990s, assessing financial health, and determining potential unrelated business income tax liability.