Nonprofits

We Make Accounting for Not-for-Profit Organizations Our Mission, So You Can Focus on Yours

The tax-exempt sector is undergoing increased tax scrutiny, making it even more important to utilize a firm that specializes in accounting for not-for-profit organizations. Cherry Bekaert’s Not-for-Profit Group provides nonprofit consulting and accounting services to over 600 clients in the not-for-profit sector.

Our dedication to this area includes a diverse cross-section of the not-for-profit community including organizations such as:

  • Higher Education
  • Private & Public Foundations
  • Country & Social Clubs
  • Religious Organizations
  • Healthcare & Social Services
  • Cultural & Arts Organizations
  • Trade Associations

We are continually developing our specialized staff in order to offer value-based accounting and nonprofit consulting services that help guide our clients toward meeting their organizational goals and objectives.

Financial Management

  • Audits of financial statements
  • Compliance with OMB Circular A-133
  • Financial and profit planning
  • Cash flow and cash management
  • Overhead expenditure budgeting systems

Tax Services

  • Form 990, 990-T and state-equivalent returns
  • Unrelated Business Income Tax (UBIT) issues
  • Formation of taxable and non-taxable subsidiaries
  • Foreign charitable organizations
  • Planned giving and excess benefit advisory services
  • Nonprofit consulting in sales and use tax preparation

Business Planning

  • New business start-up assistance
  • Economic feasibility studies
  • Evaluation of long-range plans
  • Business evaluations of mergers
  • Fraud & forensic services

Organization & Personnel

  • Organizational studies and reviews
  • Compensation studies and incentive plans
  • Executive compensation and recruitment
  • Succession management

Information Resource Studies

  • Internal controls review
  • Information security services
  • IT risk assessment