The firm of Berard and Donahue, CPA, PC has over 25 years of experience delivering audit and accounting services to nonprofit organizations.
Our services include: Ø Financial audits, reviews or compilation services Ø Federal and state compliance audits Ø Operational audits Ø Federal grant audits Ø Accounting and tax consultation Ø Consolidated financial reports Ø Federal and state nonprofit tax filing Ø Assistance in obtaining not for profit status with federal and state authorities Over 25 years of working with the non-profit community allows us to bring skills and knowledge to your non-profit that most accounting firms so not have. Our non-profit clients look to us to prepare their annual audit. These audits will include a review of internal controls and a meeting with management to review weaknesses and possible solutions. Many non-profits consult with us on the special accounting and tax issues that they encounter. Some of our clients are also required to have a single audit. This requirement is imposed by the U.S. Government, when the organization receives over $500,000 in Federal funds annually. In Addition to the financial audit, the single audit includes an audit of internal controls and testing to verify that the recipient of the funds has complied with the purpose for which the organization was granted the finds. Many NYS funding services require a year end reconciliation which is done through a Consolidated Financial Report (CFR). These reports usually require an auditor’s certification. We are qualified to perform this function. In addition, in some instances we assist in the preparation of the CFR report. Non-profits have a very unique set of tax filing requirements. We are well versed in both Federal and State non-profit tax filing including forms 990, 990-T and 990-PF. We can help you obtain Not for Profit Status with the IRS and State authorities. We prepare Application Form 1023 or 1024. If your non-profit organization needs assistance, we can help you with the services. |
