Non Profit Organizations

Serving Not-for-Profits Since 1944

Best practice accounting methods allow not-for-profit (NFP) organizations to accurately predict cash flows, raise money for projects, determine purchase priorities and monitor staff levels. NFPs can effectively expand their organization and maintain that expansion with good accounting advice.

Often referred to as 501(c)(3), many nonprofit organizations receive more in donations and other revenues than they pay out in expenses. Customized financial reports can show the organization’s monetary transactions and net worth. Significant summary reports are the balance sheet and income statement.

The tax rules for nonprofit organizations vary from state to state. We can provide advice on compliance and electronic-filing with the IRS. Many, but not all forms are accepted electronically. We can also assess your internal control risk

LLG’s long history of working with nonprofits includes serving the following types of organizations:

– Associations
– Private Foundations
– Charitable Organizations
– Churches and Synagogues
– Educational Organizations

We offer the following services for those in the not-for-profit industry.

Accounting and Attestation Services

  • Non Profit Reviews and Audits
  • Employee Benefit Plan Audits
  • Outsourced Accounting and Bookkeeping Services

Tax Services

  • Federal Tax Planning and Preparation
  • Multi-State and Local Tax Planning and Preparation
  • Tax Authority Representation
  • Tax Research

Consulting Services

  • Accounting Software Implementation
  • Litigation Support
  • Executive Recruitment
  • Investment Review

Start the conversation.

Are you using best practices to manage your nonprofit financial records?