Not-for-Profit Organizations

Not-for-Profit Organizations 620x195 20131209

O’Connor & Drew, P.C. recognizes the importance of not-for-profit organizations in our society, and the challenges that they face in a tough economic and challenging regulatory environment. With our highly-trained, not-for-profit audit staff, our approach is customized to each organization’s specific accounting and tax needs,

Whether it be providing OMB Circular A-133 audits, financial statement audits, compliance reviews or tax consulting and preparation, O’Connor & Drew, P.C.’s principals and staff are dedicated in their work to provide each organization with the tools and solutions they need to minimize risk, enhance financial stewardship, and protect their tax-exempt status.

We also keep our not-for-profit clients apprised of current issues and developments affecting their particular organization or sector. We provide guidance and advice on changes needed as a result of those issues. Our dedicated not-for-profit staff can also work with you regarding business process improvements, board governance training, and technology improvements, as needed.

Our not-for-profit clients include associations, foundations, human services, charitable agencies, and professional organizations that are engaged in civic, social services, educational and religious endeavors. Let us put our professional expertise to work on the unique and specialized requirements of your not-for-profit organization. O’Connor & Drew, P.C. will provide your organization with advice, direction and operational guidance throughout the year to maximize the organization’s potential. Some of the services we provide not-for-profit organizations include:

  • Audit and Review of Financial Statements
  • Agreed-Upon Procedures Audits
  • Cost Allocations
  • Cash Flow Planning
  • Database Management
  • Employee Benefits
  • Fund-Raising Issues
  • Internal Control Audits
  • Investment Planning
  • Real Estate Issues
  • Review of Board Fiduciary Responsibilities
  • Risk Management
  • Tax Form Preparation
  • Tax Planning for Exempt and Non-exempt Entities
David Diliulis 2013 For more information about the services we specifically provide not-for-profit organizations, contact David DiIulis, CPA, principal, at 617.47.1120 or ddiiulis@ocd.com.