Since 1970, more than 200,000 nonprofits have opened in the U.S., but only 144 of them have reached $50 million in annual revenue. Most of the members of this elite group got big by doing two things. They raised the bulk of their money from a single type of funder such as corporations or government – and not, as conventional wisdom would recommend, by going after diverse sources of funding. Just as importantly, these nonprofits created professional organizations that were tailored to the needs of their primary funding sources. – William Foster & Gail Fine
Our staff has the experience with non-profits to advise and help guide their progress. Housing organizations that exist as non-profits are generally highly government regulated and have specific government auditing, accounting and compliance requirements. Sandy Stephens CPA, PA specializes in the knowledge required to prepare not-for-profit audits, single audits, and is ready to assist you in anyway we can!
Our services include:
Financial Statement Preparation
Tax Return Preparation (990, 990T, 4T, etc.)
Preparation of Registration Statements (RL308, 1952, etc.)
Proxy Tax Matters
Exempt Status Applications
Operational Consulting
Cash Flow Planning
Financial Statement Audits
Single Audits
Compliance Audits