Services for
Non-Profit Organizations
At NCNP we
provide services to non-profit organizations throughout Connecticut. Our clients
include healthcare and human service providers, social service agencies, arts and educational
organizations, independant schools, low-income housing facilities, foundations, trade
associations and other similar groups. Through our extensive experience in
providing audit, accounting, and management consulting services, our non-profit
accountants and consultants understand the unique aspects of the non-profit
sector.
Our CPA firm
has a thorough understanding of the importance of the many factors that
determine the success of your organization including: funding from federal and
state agencies as well as individual and corporate donations and compliance
regulations. These factors can determine how successful your organization will
be as well as determine your ability to grow and continue to serve the needs of
the community.
We provide our
clients with excellent and timely service delivered by our passionate
non-profit
professionals who utilize best practices within their areas of expertise. Our
Non-Profit
Practice team
members have the desire and experience to work in this sector and are provided
with the support needed to deliver premium, quality work, including the latest
training focused on the needs of your
non-profit
organization.
Our experience
allows us to provide you with innovative solutions that meet the needs of your
organization. Our non-profit accounting and consulting services include:
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Audit –
A valuable resource tool for management and the general public. Audited
financial statements present the NPO’s financial picture as of its year-end.
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Federal &
State Funds –
Special rules apply to any NPO that expends over $500,000 in federal
awards or $100,000 in state financial assistance during their fiscal year. These rules include obtaining an
audit under OMB Circular A-133, sometimes referred to as a “Single Audit”.
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Tax
Services
– We can help your NPO avoid pitfalls such as unrelated business income tax,
private foundation status, political contribution excise taxes, and loss of
your tax exemption. We assist new organizations with applying for and
obtaining tax exemption.
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Benefit
Plans -
When
required we can provide annual audits of 401K, 403B and 457 retirement
plans, and provide guidance when filing Form 5500, which we can prepare for
you.
Management
–
We can provide other important management tasks such as advising you of
changing accounting standards and their impact, evaluating development
activities and planned giving programs, providing strategic and budget
planning, cash flow projections, internal control and operational reviews
and agreed upon procedures. |
NCNP’s NPO
Specialists
Thomas E. Walsh, CPA
– Principal
Jane G. Sabatini, CPA – Principal
Michael Hanlon, CPA - Supervisor