Nonprofit

High Quality Audit Customized For You

We believe an audit is about more than ensuring compliance with board requirements. An audit is an opportunity to improve processes and optimize your financial operations. Johnson Lambert believes in partnering with you to help move your organization forward and to achieve your mission.

For these reasons, we work with each individual client to customize our approach based on the unique operations and risk profile of the organization. We take a solution-focused approach in completing our audit both thoroughly and efficiently. We value the ongoing partnership with management and board, which is why we share best practices for continual improvements.

Nonprofits have unique challenges, and we are passionate about solving them with you. We will ensure that you have the best information available to make critical financial decisions for your organization, and we will navigate new standards and reporting guideline changes with you.

Learn more about our audit services

balancing-rocks_bw_800x725
working-stock-photo_bw_800x725

Dedicated Nonprofit Tax Team

The Johnson Lambert nonprofit tax compliance and consulting team works with nonprofits day in and day out. You can be confident that no matter how routine or complicated your need or question, the nonprofit tax team will get you an answer in a timely manner. Our audit and tax teams work closely together to ensure seamless interaction with our clients and efficient service delivery. Our tax services for nonprofits include:

  • Tax Return Preparation
  • Identifying and Structuring UBIT Exposure Transactions that Often Derive from Non-Revenue Dues Streams
  • Addressing, Assessing, and Restructuring Transactions Jeopardizing Tax-Exempt Status
  • Evaluating Sponsorship Agreements
  • Compensation and Related Reporting Issues
  • Analysis of the Taxability, Reporting, and Disclosure of Alternative Investments
  • Entity Formation and Related Issues
  • Lobbying Analysis

Learn more about our tax services

Single Audit Experience

We have substantial experience in performing audits in accordance with Government Auditing Standards and Single Audit [Uniform Guidance (2 CFR 200)].

Federal awards that we routinely audit come from the Corporation for National and Community Service, Department of Health and Human Services, Department of Commerce, Department of Defense, Department of Education, Department of Labor, Department of Justice, Department of the Interior, Department of Transportation, Environmental Protection Agency, National Science Foundation, National Telecommunication and Information Administration, U.S. Department of Agriculture, and U.S. Agency for International Development.

We also provide a variety of services surrounding the compliance, administration, and reporting issues with federal grants and awards beyond the compliance audit requirement, including:

  • Indirect overhead allocation methods evaluation of the most effective/efficient method
  • Interpretation, application, and implementation of cost and administrative circulars
  • Internal controls surrounding grant administration and compliance
  • Teaching continuing professional education courses in administration and compliance

 

seedling_bw_800x725

IT’S A DYNAMIC ENVIRONMENT. LET US HELP YOU WITH THE CHANGES.

When accounting standards are updated, when there are new risks or business challenges, or when your nonprofit is undergoing operational changes, a knowledgeable, caring, responsive, and committed advisor can make these situations easier to tackle. We enjoy working collaboratively with our clients to solve any problem, improve any pain point, or optimize any process.

Learn about our consulting services