Zinner & Co. has extensive experience in working with Not-for-Profit organizations and understands the challenges that these organizations face.
Our experience allows us to provide insight and expertise to you while enabling you to meet your reporting requirements so that you can focus on accomplishing the organization’s mission.
We have worked with many different types of organizations including, but not limited to, the following:
- Voluntary health and welfare
- Head Start
- Labor unions
- Community development corporations
- Group homes (i.e. foster care, MR/DD)
- Member or professional associations
- Art organizations
- Religious organizations
Our areas of expertise in working with not-for-profits organizations include
Formation
It is complicated enough to run the organization or company, much less keep up with tax or benefit law changes. We serve as your advisor and sounding board in tax, financial and administrative matters.
During the formation of your not-for-profit entity, we can assist with:
- Determination of proper exempt status
- Application and registration for tax exempt status
Operations
- Record keeping and account services
- Payroll tax services
- Policy implementation and documentation
- Review of internal controls
- Advice on lobbying and political activity
- Advice on fundraising and gaming activities
- Officer/key employee/director compensation review
- Assist with determining loan or capital requirements
- Determine working capital and cash flow requirements
- Help develop a budget and a system of monthly reporting
- Provide timely updates on issues affecting not-for-profit organizations
Reporting
We can provide the following services for your not-for-profit tax reporting:
- Prepare Federal and State tax filings and assist with tax planning
- Determine unrelated business income and tax reporting requirements
- Charitable contribution reporting of cash and non-cash donations
- Prepare financial statements and annual audit reports
- Assist in analyzing your financial statements, looking for problem areas or ways to improve your financial management
