Not for Profit
Michael Silver & Company CPAs serves a broad range of Not for Profit (NFP) industry clients, including religious organizations, schools, trade associations, cultural organizations, public charities, and private foundations.
Our accounting & audit, tax, and consulting services are tailored to your organization’s unique needs.
NFP organizations face unique challenges associated with federal and state accounting and tax requirements, including the need to file audited financial statements, as well as responding to requests for specific types of federal and state tax details and returns. Many are tasked with satisfying the requirements of a specific agency or governing body, including the need to demonstrate that a compliance audit has been performed and ensuring that they adhere to other specific reporting requirements.
Our vast experience and understanding of Not For Profits can help you and your organization succeed. Many of our partners hold NFP board positions, which provides us with a unique perspective. Let us help with issues including:
- Tax status
- Tax planning
- Strategic planning
- Regulatory compliance
- Accounting systems and controls
- Setting up a separate foundation
- Treasury matters