Nonprofit

Nonprofit

Tax, audit, & advisory services for nonprofits. Professionals who understand your challenges & can help you reach your goals.

Help drive your mission and plan for the future with FORVIS’ nonprofit expertise.

Our professionals support nonprofit management teams, boards, and audit committees with strategy surrounding revenue sources and operational efficiency while upholding donor trust in your ability to carry out the organizational mission.

FORVIS can leverage experience with a wide variety of organizations, including membership, religious, and professional organizations as well as foundations, museums, community and social services agencies, and educational institutions to help you stay on track and reach your goals.

We pride ourselves on working with nonprofits and their boards to provide a greater understanding of their financial resources and the risks they face. We understand your challenges and stay current on industry and regulatory changes that affect organizations like yours. The world is fast-moving, which is why we aim to provide proactive ideas ahead of your needs and work to develop innovative approaches to address issues you face.

Assurance

Our team has the knowledge and on-the-ground experience to understand your funding sources and implement effective auditing and reporting. We view our role as business advisors while maintaining independence and objectivity to be one of our most important services.

Nonprofit organizations are faced with challenges, including increased regulation, heightened media scrutiny of organizational finances, and mounting stressors due to economic conditions. At the same time, they must take steps to help ensure they maintain their tax-exempt status, develop ways to increase revenue sources, maintain the public’s trust in their ability to provide services and programs, and show that funds are being spent wisely and appropriately.

FORVIS assists nonprofit organizations with audit, accounting, and assurance needs:

  • Financial Statement Audits & Reviews
  • Uniform Guidance/Single Audit & HUD
  • Internal Auditing & Internal Controls
  • New Accounting Standard Implementation
  • Agreed-Upon Procedures
  • Employee Benefit Plan Audits
  • Compilations, Preparations & Accounting Assistance

Tax

Our tax services professionals work closely with clients to provide a thorough understanding of critical issues while offering practical insights and strategies. FORVIS has a dedicated group of tax professionals focused on providing the highest quality professional tax services at a reasonable cost while resolving highly technical tax issues that specifically impact nonprofit organizations. We help clients with tax-exempt status application and maintenance as well as preparation of exempt and corporate tax returns.

FORVIS’ tax-exempt services include:

  • Form 990 Preparation or Review
  • Unrelated Business Income (UBI) Consulting
  • Tax Risk Assessments
  • IRS Examination Representation
  • Transfer Pricing Studies
  • Foreign Withholding Tax Assessment
  • Foreign Reporting
  • Calculation on Tax-Exempt Bond Issues
  • Private Foundation Compliance & Consulting
  • Community Benefit Compliance
  • New Business and Joint Venture Consulting
  • Welfare Benefit Plan Compliance & Consulting
  • Risk Analysis Associated with Board of Director Membership

Advisory

Our nonprofit team at FORVIS performs advisory engagements for many nonprofit entities and their affiliates. Our team is available to work with your organization through any board education or presentations at the organization’s request. We will serve in the capacity that best fits your needs.

  • Strategic Financial Outsourcing & Accounting Support
  • Financial & Operational Assessments
  • Budget & Cash Flow Planning
  • Grants Management & Compliance
  • Implementation of Accounting Standards
  • Policies, Procedures & Processes
  • Job Succession Planning
  • Capacity Planning
  • Nonprofit Governance, Strategy & Communication Services
  • Nonprofit Impact Studies & Organizational Assessments
  • Compensation Consulting Services
  • Cybersecurity & IT Risk
  • Fraud & Ethics Hotline
  • Technology Solutions
  • Environmental, Social & Governance (ESG) Consulting 

Trusted Partner

FORVIS’ Nonprofit team can provide solution-driven services to help you drive growth and make informed decisions.

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