Not-For-Profit Archives

As leaders in the sector, Dembo Jones provides a wide array of accounting services for not-for-profits nationwide. Because these entities are especially scrutinized by the Internal Revenue Service, state regulators, and the public, we help them to maintain proper financial controls, transparency in governance, and informed leadership that supports their goals and mission.

Whether you’re incorporating a not-for-profit entity or are managing a well-established organization, our team can provide the guidance and insight to navigate both the state and federal oversight environment for taxes, reporting, and charitable solicitations.

Our responsibilities also include keeping board members apprised of the status of an audit and developing materials to thoughtfully present financial information to stakeholders, community leaders, and donors.

Our services for not-for-profits include:

Routine bookkeeping services
Auditing financial statements for compliance with generally accepted accounting principles
Presenting transparent financial information
Performing audits in accordance with Uniform Guidance to meet the requirements of federal grant funds
Compiling or reviewing financial statements
Preparing and analyzing cash-flow projections
Evaluating financial internal controls
Preparing applications to the IRS requesting tax-exempt status
Tax compliance for annual reporting and for unrelated business income
Assisting in managing taxation from unrelated income sources
Helping board members understand their fiduciary responsibilities
Assisting with and reviewing grant applications
Preparing indirect cost analysis and forward-pricing projections
Providing accounting and outsourcing services and periodically reviewing financial data to assist in fraud prevention
Designing accounting systems
Preparing state charitable registrations and other regulatory filings