Not-for-Profit
We partner with and provide help to organizations helping those in need.
Not-for-profits strive to direct as many resources as possible toward achieving their mission. At the same time, they are raising the funds needed and improving efficiencies to make the most of those funds. These organizations face the challenging needs of their supporters and beneficiaries, a complex regulatory environment, and ever-changing operational requirements.
Making all of your financial concerns make sense while empowering you to do your valuable work is where Bowers comes in.
We are here to be your partner in:
- Outsourced Client Accounting and Advisory Services
- Auditing, Reviews, and Compilations
- Annual Report Presentation
- Budgeting and Cash Flow Planning and Analysis
- Financial Analysis
- Internal Control Review
- Government Auditing Standards & Single Audit Compliance
- Operational Reviews
- Strategic Planning
- Tax Compliance
- Application for Exempt Status
- Preparation of IRS Forms 990 and 990T
- State Charitable Registrations and Annual Filings
Bowers expert teams have a wealth of experience serving the following types of not-for-profit entities:
- Charitable Organizations
- Private Foundations
- Membership Organizations SUNY Auxiliaries
- Professional and Trade Organizations
- Educational Institutions
- Religious Organizations
Our Services
We provide the financial services that help you focus your energy on your mission, not your balance sheet.
Audit Services:
We perform audits of not-for-profit financial statements and internal controls, which provide independent assurance to stakeholders that the financial statements and controls are accurate and reliable.
Internal Controls:
We help not-for-profit organizations implement and maintain internal controls, which are procedures and policies designed to prevent fraud and ensure that financial transactions are accurate and reliable.
Learn more about our audit approach.
Compliance:
Not-for-profit organizations are subject to various laws and regulations related to finance and accounting, including state and federal laws. We help ensure that the organization is compliant with these laws and regulations.
Financial Management:
We help not-for-profit organizations with financial management, including budgeting, financial reporting, and tax compliance. We provide guidance on financial policies and procedures and ensure that the organization’s financial statements are accurate and reliable.
Tax Preparation:
We prepare or assist Organizations in preparing required filings such as form 990, 990T, 990PF, and State filings.
We are here to ensure that your organization’s finances are managed effectively and efficiently and that the organization is compliant with applicable laws and regulations while providing valuable insights and analysis to help make informed financial decisions.
“The knowledge and effort put in by Richard and the staff was incredible.
They assisted in filing the taxes for us as a 501c3 and were very quick to respond and/or call me back. They answered all my questions about the process and taught me about what had to be done while filing our taxes.
Thank you, Richard and crew.”
Jeremy, Treasurer - Minetto Volunteer Fire Department
