Non-Profit Accounting

Accounting for non profit organizationsGatlin Rago CPA Group has extensive experience managing the accounting, compliance and consulting needs of non-profit organizations of all types and sizes. We understand the challenges you face including complex regulatory issues, unique accounting and tax issues as well as the day-to-day struggles of management and governing boards.

We are familiar with government auditing standards and audits required for various cost reports, including the CFR, AHCF, CHHA, and LTHHCP.

We work with many different companies through the non-profit sector:

  • Social service organizations
  • Educational institutions
  • Public and private charities
  • Health care organizations
  • Membership organizations
  • Associations
  • Museums
  • Foundations

Our core non-profit accounting services include:

Our specialty services for non-profit businesses:

  • Revenue enhancement and cost controls
  • Preparation of Federal Form 990, 990T, and Form 5500
  • OMB Circulars A-133 audits
  • Yellowbook audits (government auditing standards)
  • Benchmarking – key ratios and other operating analyses
  • Review of internal controls
  • Planned giving
  • Analysis of capital structure and assistance with debt refinancing
  • Establishment of overhead rates
  • Contract evaluation
  • Assistance with obtaining and maintaining tax-exempt status
  • Operational consulting
  • Mergers and acquisitions
  • Executive compensation
  • Board and committee training
  • Employee benefit

Request a consultation or give our office call today at 219-462-7544 to discuss how our non-profit industry experts can help your organization.