In today's economic environment, nonprofit organizations must be professional and innovative in their fundraising and business management practices in order to fulfill their missions. At G.T. Reilly & Company, we are proud of our relationships with numerous nonprofit organizations, and we deliver the same level of service and attention to detail for nonprofit organizations that we do for major corporations.
We know from experience the challenges that confront todays nonprofit organizations because many of our managers and directors serve or have served on nonprofit boards. We have a unique understanding of how to serve the needs of nonprofit organizations.
We take a hands-on approach and maintain a direct line of communication by meeting with your Board of Directors or Finance Committee at least once a year, so that we completely understand the philosophy and goals of the organization. That way, we are better able to provide solutions to your financial needs.
Our areas of expertise include:
- Financial statement audits, including audits under Government Auditing Standards & OMB Circular A-133
- Assistance with preparation of the Massachusetts UFR
- Management advisory services
- Financial and strategic planning
- Tax compliance and planning
- Human resource consulting
- Employee benefit plan consulting, design and implementation
- Computer advisory services
Once we have a thorough knowledge of an organization, we make financial, accounting, and practical recommendations to enhance the effectiveness of its operation, and, hence, the organization's mission.
While nonprofit organizations are exempt from federal income taxes, they are constantly scrutinized by taxation authorities. We help ensure that the nonprofits we work with remain in compliance at all times.
New Form 990 for Not-for-Profits: