Not-For-Profit

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

Our not-for-profit clients include:

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