Although non-for-profit organizations are recognized for their selfless missions, they must still run most operations as a business. Difficult economic challenges that once affected for-profit industries are now influencing the "non-profit" arena. These challenges include: corporate governance; fiduciary responsibility; conflicts of interest; and, ethics required for oversight and monitoring. Additionally, revisions in tax reporting have brought about an emphasis to qualitative accountability and to the required quantitative reporting, which further complicates the management of a non-for-profit organization.
McPhillips, Roberts & Deans, PLC is proud to serve a significant group of nonprofit organizations, who cater to a broad spectrum within our community. In our attention to detail, we are ever mindful of the difficulty of maintaining quality operations while maximizing the efficient and effective use of limited resources. Our depth of knowledge of and experience in the non-profit industry enables us to provide efficient and effective business solutions, in addition to daily accounting and attestation services.
We pride ourselves on the depth of our knowledge in the nonprofit industry, and utilize it to provide efficient and effective business solutions, in addition to daily accounting and attestation services.
In addition to our general client services such as Tax Preparation and Employee Benefit Plan Administration, we also provide the following services specifically for not-for-profit organizations:
IRS Reporting Requirements
Application and Preservation of Tax Exempt Status
Advisory Services to Board of Trustees
Governance and Best Practices
Budgeting and Forecasting
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Annual Charitable Trust Filings