Not-for-Profit

Your non-profit organization has an important mission to fulfill, and every day there are numerous financial considerations that can greatly impact your objectives. Elliott Davis Decosimo’s Not-for-Profit Practice helps you handle these responsibilities, while offering proactive guidance to your management and board. We serve hundreds of tax-exempt organizations across the Southeast and understand the challenges and nuances within the industry.

Not-for-Profit Solutions

Assurance Services

  • Audits, reviews and compilations of financial statements
  • Agreed upon procedures engagements
  • 403(b) plan audits
  • Internal audit development and evaluation
  • Single audits (Uniform Guidance)
  • Grant Management and Compliance
  • Uncertain tax positions (FIN 48 Consulting)
  • Endowment Accounting
  • Capital campaign/pledge accounting

Consulting Services

  • Donor and estate planning
  • Employee benefits compliance and administration
  • Indirect cost allocation plans
  • Information systems analysis
  • Internal control evaluation
  • Strategic planning
  • Compensation and benefit analysis
    • Operational efficiency and supporting services

Tax Services

  • Form 990 preparation and planning to enhance transparency among donors
  • Tax-exempt status applications
  • Private Foundations (990-PF and excise tax planning)
  • Not-for-profit board training on reviewing Form 990
  • Development of Governance Policies
  • Analysis to identify unrelated business income
  • Organizational Structuring to avoid loss of exempt status by maximizing use of related entities and taxable subsidiaries
  • Lobbying and political activity analysis

Accounting Solutions

  • Accounting, payroll and reporting assistance
  • Accounting manuals
  • Fundraising program accounting
  • QuickBooks consulting and training for not-for-profit organizations

Read more about our Not-for-Profit Practice.