Non-Profit Organizations & Professional Associations

Williams Adley holds a fundamental understanding of non-profit organizations’ financial needs. Their primary function is to provide educational, social, and service functions within a community and we assist with meeting the internal and external financial and tax reporting needs of these organizations. We provide expertise in the areas of budget development and operational efficiency.

We assist our Non-Profit clients in preparing financial statements that reflect the organizations’ mission and financial stewardship for requesting grants and donations.

We provide the following services to our Non-Profit clients:

• Accounting Outsourcing: Set-up accounting systems, record transactions and prepare periodic financial reports.
• Financial Statement Preparation: Preparation of external financial statements and disclosures.
• Financial Statement Audits: Report on fairness of presentation of financial statements and compliance with laws and regulations.
• OMB Circular A-133 Single Audits: Required audits for expenditures of $500,000 or more in federal funds, including reports on major program requirements.
• Pension Audits: 401(k) and 403(b) audits that determine fairness of presentation and compliance with ERISA and other regulatory requirements.
• Tax Return Preparation & Planning (990, 990T, 4T, etc.): Compliance and reporting, organization formation, planning and audit representation, and comprehensive tax compliance checkups.
• Internal Controls, Fraud & Fraud Vulnerability Assessment: Review of internal controls to identify design or operating gaps in controls.
• Training & Technical Assistance: Provide training to program and operational personnel on a variety of topics, such as internal control and compliance requirements.