Not-for-Profit Organizations
ABOUT THE NOT-FOR-PROFIT SECTOR
The nonprofit sector has the third largest workforce in the U.S. and represents nearly 15% of Connecticut’s total employment. Overall, this sector contributed approximately $1.5 trillion into the U.S. economy in 2022 and accounts for nearly 6% of the U.S. GDP.
Tax exempt organizations face complex accounting and reporting requirements. CironeFriedberg has served not-for-profit organizations for decades. We understand their specific needs in meeting the many accounting and reporting requirements. Our staff keeps up-to-date with the financial landscape of not-for-profit organizations to deliver high quality services in a dynamic market.
CironeFriedberg has an experienced team in place to handle the unique needs of organizations within the not-for-profit sector. Our experienced tax, advisory and accounting professionals specialize in not-for-profit accounting and tax issues and understand the challenges that organizations face every day. We’ve got your back.
ACCOUNTING & AUDIT SERVICES
- Federal and State Single Audits
- IRS Form 990 preparation
- Unrelated Business Income (UBIT) Form 990-T preparation
- Required state filings
- HUD audits, including FASSUB submissions
- Outsourced Accounting, CFO, and Controller
- Financial statements
- Cash flow projections
- Financial reporting
TYPES OF ORGANIZATIONS WE SERVE
Arts, cultural, and membership organizations • Human service organizations
Community and private foundations • Healthcare • Educational institutions
FOR MORE INFORMATION, PLEASE CONTACT
SANDRA CALLANAN, CPA; OR PATRICK DUNLEAVEY, CPA
STAY INFORMED. READ OUR ARTICLES FINANCIAL TRANSPARENCY AND NONPROFIT AUDITS, TAX RULES NONPROFITS NEED TO KNOW, AND FRAUD PREVENTION FOR NOT-FOR-PROFIT ORGANIZATIONS
