Not-for-profit Organizations
Davis Monk and Company has worked with not-for-profit clients throughout our 30 year history. We are recognized throughout Florida for our expertise in this area. We have experience with more than 75 not-for-profit clients, including public charities, private foundations, continuing care retirement communities, trade and professional associations and religious and social service institutions.
Auditing and Accounting Services
- Financial statement audits
- Yellow Book audits
- OMB Circular A-133 audits
- Attestation engagements
- Economy and efficiency audits
- Performance audits
- Compilations and reviews of financial statements
Tax Services
- Elect and maintain tax-exempt status
- Compliance with federal and state distribution requirements
- Minimize unrelated business income taxes (UBIT)
- Prepare IRS Forms 990
- Monitor all federal and state reporting deadlines
Consulting Services
- Document and evaluate the effectiveness of internal controls
- Evaluate operating results to assist in managing financial issues
- Present and explain financial statements to finance committees, boards of directors or other interested parties
- Provide accounting support and training
- Design and implement information technology systems
- Develop financial plans, projections and budgets
- Fundraising activities
- Governance and decision-making processes
- Organization structure and staffing
- Training and technical assistance
- Public, community and member relations
- Strategic and business planning
