Not-for-Profit

As leaders in the not-for-profit sector, Dembo Jones provides a diverse mix of community services and represents industry members nationwide. Because the Internal Revenue Service, state regulators and the public at large scrutinize our clients, we help them to maintain strong internal leadership, good financial controls, transparency in governance and a bold vision for meeting their financial goals. Our seasoned team of CPAs will keep your organization up to date on the latest regulations and requirements.

Our comprehensive services include:

  • Auditing financial statements to ensure compliance with the custodianship requirement for public and privatefunds, and presenting transparent financial information
  • Performing audits in accordance with OMB Circular A-133 to meet the requirements of federal grant funds
  • Compiling or reviewing financial statements
  • Preparing and analyzing cash-flow projections
  • Evaluating financial internal controls
  • Preparing IRS Forms 990 and 990-T for unrelated business income, and assisting in managing taxation from unrelated income sources
  • Consulting with board members to ensure they understand their fiduciary requirements
  • Preparing or reviewing grant applications
  • Preparing indirect cost analysis and forward-pricing projections
  • Outsourcing accounting and bookkeeping services and periodically reviewing financial data to assist in fraud prevention
  • Designing accounting systems
  • Preparing applications for exemption

Our industry experience includes: 

  • Serving in leadership positions in a wide range of not-for-profit entities, such as the Boys and Girls Clubs, library associations, not-for-profit committees of local and national organizations, chambers of commerce, conflict resolution organizations, CPA state societies and social services organizations
  • Staying on top of recent developments in the not-for-profit area by regularly attending continuing education courses and the state society meetings of not-for-profit entities, serving on not-for-profit committees of trade associations and subscribing to periodicals and training sources that specialize in the sector

 

Our clients and board service include:

  • Chambers of commerce
  • Charitable foundations
  • Child and family service organizations
  • Civic organizations
  • Cultural organizations
  • Educational institutions
  • Health and welfare organizations
  • Healthcare providers
  • Labor unions
  • Membership and trade associations
  • Pension plans
  • Political action committees
  • Private foundations
  • Religious organizations
  • Supporting organizations
  • Volunteer organizations