Providing Critical Insights for Not-For-Profit Organizations
Our not-for-profit practice serves over 100 organizations throughout central Virginia, which are comprised of religious organizations, public charities, private foundations, private schools, country clubs, community organizations, and trade associations. We can assist your organization with projecting revenue and revenue sources, updating you on impending legislation and the impact it may have on your organization.
Industry Focus
Keiter offers one of the most experienced not-for-profit service teams available. Our team members attend rigorous training, including the AICPA national not-for-profit industry conference, national training sponsored by the Nonprofit Resource Center, and governmental auditing CPE requirements.
We provide insights and opportunities on matters of concern to not-for-profits such as:
Not-for-Profit Assurance & Advisory Services
- Audits, Reviews, and Compilations
- OMB Circular A-133 audits
- Endowment fund accounting
- Financial and profit planning
- Property and equipment management
- Cash and cash flow management
- Assistance with budget preparation
- Revenue projections
- New business start up assistance
- Fraud prevention measures
- Performing Internal audits, internal controls reviews, IT audits, and regulatory compliance reviews
Not-for-Profit Tax Services
- Form 990, 990-T and state return preparation
- Joint cost allocations
- Tax-exempt status
- Unrelated business income tax (UBIT)
- UBIT Planning and exposure reviews
- Formation of taxable and non-taxable subsidiaries
- Planned giving advisory services
- Adapting to legislative changes
- Excess benefit transaction studies
