Not-For-Profit and Private Foundations

WS+B believes tax-exempt organizations need to adopt a businesslike approach to their operations. We can help you not only succeed but excel within today's not-for-profit business climate. In addition to traditional accounting, auditing and tax services, we offer a full range of advisory services designed to assist you in identifying potential new revenue sources, improve operating efficiencies and reduce expenditures.

We can assist you in meeting your objectives with:

  • Strategic Planning - developing forecasts and business plans, reviewing accounting/bookkeeping needs and attending board/executive committee meeting and retreats
  • Investment Analysis - guiding you in developing reports and analyses that allow you to benchmark performance against board-developed investment goals
  • Compensation and Benefit Planning - facilitating the development and enhancement of benefit programs to keep and attract talented individuals
  • Tax Planning - completing or reviewing applications for exempt status and providing guidance in identifying UBTI, compensation and other potential tax issues
  • Technology Consulting - conducting a needs analysis to identify your hardware and software requirements and recommend solutions for improved efficiency
  • Financial Consulting - performing internal control and financial systems studies that will help you identify potential areas of improvement, monitor compliance with appropriate state and federal regulation, and provide enhanced monthly financial information to meet the needs of your organization and board of directors
  • Board and Management Development - training focused on financial and compliance requirements

For more than 30 years, WS+B has been putting not-for-profit organizations in positions of strength. Our broad range of not-for-profit clients include national and local based organizations with annual revenues from under one million to multimillion-dollar entities. Our clients serve a wide variety of community needs and interests, including education, religion, social causes, the arts, foundations and trade associations.

Our not-for-profit specialists have extensive experience with audits conducted in accordance with government auditing standards Yellow Book, single audit and OMB Circular A-133 as well as with State of New Jersey Department of Education rules and regulations. We also assist not-for-profit clients involved in real estate/housing for low income, handicapped and elderly individuals, which requires audit reports to be filed under HUD regulations.

In addition, through our experience in service engagements and our own participation on many not-for-profit boards of directors, we are sensitive to board/staff issues that may create unique situations. When WS+B provides the financial expertise, you'll have the peace-of-mind needed to focus on your organization's primary mission.

Industries

Not-For-Profit E-Flash


2008

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