Non Profits

Providing Critical Insights for non Profits

Our not-for-profit practice serves over 200 organizations throughout the Uniteds States, 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 financial reporting under increasingly complex accounting standards, implementing internal controls to safeguard assets, and updating you on impending legislation and the impact it may have on your organization.

Industry Focus

Jacobson Jarvis 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, local training performed by an AICPA-approved not-for-profit expert, and governmental auditing CPE requirements.

Assurance & Advisory Services

  • Audits, Reviews, and Compilations
  • OMB Uniform Guidance
  • Endowment fund accounting
  • Financial and profit planning
  • Property and equipment management
  • Cash and cash flow management
  • Assistance with budget preparation
  • Revenue projections
  • Fair Value Measurement Accounting
  • Fraud prevention measures
  • Performing internal audits, internal controls reviews, IT audits, and regulatory compliance reviews

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