Our professional staff has extensive experience in offering accounting and audit services to many not-for-profit organizations, including museums, cultural, historic preservation and educational organizations, private foundations, human service agencies, and environmental organizations, including those whose audit requirements arise under the provisions of the Single Audit Act and OMB Circular A-133. For the most recent fiscal year, approximately 80% of the Firm’s billings represented services rendered to not-for-profit organizations. Of this total, approximately 61% related to audit and accounting services, 14% to tax services, and 25% to consulting services. Firm personnel also have extensive experience in dealing with the tax and compliance issues specific to tax-exempt, not-for-profit organizations, including the preparation of annual information returns for public charities, private foundations, charitable remainder trusts, social welfare organizations, and trade associations, preparation of Internal Revenue Service submissions in support of public charity status, Unrelated Business Income issues, planning for tax-advantaged charitable contributions, and private foundation terminations. In addition, Wallace Tapia, CPA has over twenty-three years’ specific experience in planning for the organizational restructuring of not-for-profit entities, including corporate reorganizations, the use of affiliated and subsidiary organizations, and addressing the tax implications of current or proposed new activities. In addition to customary audit, accounting, and tax services, the Firm assists its not-for-profit clients in matters such as: We welcome your inquiries concerning our Firm, the services we offer, and how we can be of service to you and your not-for-profit organizatin. Please contact us for more information by phone or email. |
