Non-Profit CPA & Accounting Services
Tax Form 990
Form 990 has several critical impacts for non-profit organizations in our community.
Form 990 is a public document that helps maintain your tax-exempt status with the government and is a great opportunity to effectively communicate to donors and benefactors your organization’s impacts and accomplishments.
Transparent communication within this document is essential for positioning your organization for success.
How We Help Non-Profit Organizations with Form 990
Briggs & Veselka helps over 250 NPOs each year with 990s and financial statement audits.
We help ensure compliance with IRS rules for tax-exempt organizations including presentation of accurate and transparent financial information, as well as disclosure of the governance policies and practices your organization has in place.
We help ensure you stay tax-exempt in the eyes of the IRS. Since it is a public document, we will work with you step by step on your Form 990 to properly display the impact your 501(c)(3) organization has in your community.
Additionally, we will look at your organization’s potential tax exposure in regards to Unrelated Business Taxable Income (UBTI), helping you see the full picture of your organization’s structure and prepare for future contingencies.
Additional Services We Perform
- Form 990-T Exempt Organization Business Income Tax Return
- Form 990-PF Return of Private Foundation
- Forms 1023 and 1024 Application for Recognition of Tax-Exempt Status
- Financial Statement Audits
Financial Statement Audits for Nonprofits
We will review and evaluate your organization’s financial statements. An independent financial statement audit lends credibility and transparency to your 501(c)(3) organization. It allows donors to have additional assurance and confidence in the organization as you work to fulfill your mission.
Each year, B&V works with over 250 nonprofit organizations to issue financial audits and file tax returns. Our CPAs have extensive experience identifying process improvements and are well versed in potential areas of concern within the nonprofit sector.
The financial audit process enables you to gain an understanding of your organization’s internal controls and identify improvement opportunities within your organization. Briggs & Veselka’s compassionate accounting professionals are committed to excellence while supporting your organization’s mission.
Join the more than 250 nonprofit organizations that trust Briggs & Veselka each year with their financial governance.
Current Non-Profit Industry Issues
Monthly, Quarterly or Year-End Closing Issues
With limited financial staff, regular financial closings can be delayed or lack the sophistication many donors and foundations require.
How to prepare: Our Outsourced Accounting Services group can provide highly-experienced financial professionals, either working under our direction or yours, to assist with both financial closings and other reporting. We can also advise your organization on financial reporting best practices for non-profits, along with best underlying systems. For more information, contact Kevin Stewart at email@example.com.
Yellow Book Audits
Non-profits with more than $750,000 in annual federal grants or awards are subject to audits governed by the General Accounting Office, which differ from most commercial audits.
How to prepare: Because of our Yellow Book experience, we can easily make the transition to a Yellow Book audit with minimal disruption to your regular operations and financial reporting. For more information, contact Debra Seefeld at firstname.lastname@example.org.
Proactive Board Interaction
The contributions (literally and figuratively) of the board are vital to the effective operations of any non-profit.
How to prepare: Whether it entails regular meetings with a finance committee, review of financial records, compliance with external requirements, internal controls, or suggestions for improvement in the financial aspects of the NPO, we can share leading practices from our experience with other non-profits to ensure proactive planning and reporting for your organization. For more information, contact Debra Seefeld at email@example.com
Fraud Prevention and Mitigation
The reputational risk of a fraud event in a non-profit can be devastating to fundraising activities for years. But oftentimes non-profits lack the infrastructure or experience to establish fraud prevention or mitigation processes.
How to prepare: Our services range from a high-level financial fraud analysis, to fraud investigations to recommendations on systems and processes to help prevent fraud events from occurring in the first place. These services are designed and priced for non-profits who want to both protect their fiduciary responsibilities yet protect themselves and their missions. For more information, contact Sheila Enriquez at firstname.lastname@example.org
Non-Profit Client Testimonials
St. Thomas High School Foundation
“We have partnered with Briggs and Veselka for over 5 years on our annual non-profit audit. They have been thorough in their research, highly organized in their recommendations to us, and understanding of the non-profit realities of resource management. We have been very happy with the team assigned to our audit and we are especially happy to see the same faces each year. It’s clear to us that they care about our mission just as much as we do.”
Children’s Museum of Houston
“They take the time to educate those that govern our finance about the new pronouncements and are always available to answer questions. It is always good when working with a firm like Briggs & Veselka makes you better at your job.”
Find All Non-profit Industry Services Professionals
Video: Debra Seefeld – Why I Serve Non-Profits
Services for Non-Profits
Audit & Attestation
- Financial Statement Audits
- Financial Statement Reviews and Compilations
- Yellow Book Audits
- Single Audits
Tax Planning & Compliance
- Form 990 and 990T Filings
- State Filings
- Establishing Tax Structure and Exemptions
- State and Local Tax (SALT)
- Crisis and Transition Plans
- Fraud Audits
- Internal Control Review
- Operational Reviews
- Training In-House Accounting Staff
- Outsourced Accounting Controllership Services
- Fraud Risk Management
- Forensic Auditing
- Fraud Misconduct and Investigations
Who We Serve
- Religious Organizations, including Churches
- Trade Associations
- Affordable Housing
- Social Service Providers
- Membership Organizations
- Civic and Community Organizations
- Private and Community Foundations
- Other 501(c)(3) Organizations