As the East End of Long Island has always been very philanthropic our firm naturally gravitated to serving not-for-profits organizations. We provide accounting and consulting services to local not-for-profits, private clubs, churches, fire departments, ambulance companies, private foundations and schools. We developed a specialized department within the firm to accommodate the needs of these organizations. Through our expertise in auditing and accounting services we are able to understand the distinctive needs of each not-for-profit and assist them in fulfilling their missions.
Our relationship with your organization is not just annually but continually throughout the year to answer any questions or review any of the new requirements as proposed by the regulating agencies. We approach each engagement with an understanding of your internal controls and your mission. We will then develop the necessary audit or work plan to accomplish these objectives.
We can provide the following services:- Audited financial statements.
- Review and/or compiled financial statements.
- Preparation of tax returns, i.e.; 990, 990-T, CT-13 and CHAR500, as required.
- Management letter on internal controls.
- A letter to the president, treasurer or executive director providing suggestions to strengthen controls that do not affect the audit. We try to provide recommendations to improve accounting controls and operating efficiency that are practical and realistic.
- We can guide start up not-for-profits with their structure and with establishing their exempt status with the IRS and in preparation of the related filing form 1023 and related state filings.
We look forward to the opportunity to discuss our service with your organization.
