Our experience with non-profit organizations, includes audits of entities that receive federal funding (Single Audits), entities that utilize tax-exempt financing that often have extensive debt covenants (including colleges), United Way and numerous member agencies, religious organizations, and various service organizations. We consult regarding a variety of topics including compliance with tax reporting, complex financial accounting and reporting standards, including contributions, net asset classifications and Uniform Prudent Management of Institutional Funds Act (UPMIFA) disclosures, fair value reporting, as well as reporting on the modified cash basis and other situations unique to non-profit organizations.
Audits of retirement plans formed under Code Section 403(b) and 401(k).
Audits, reviews & compilations of financial statements – non-profit organizations are generally required to perform audits based on funding sources
Experience auditing organizations subject to Uniform Guidance – organizations financed by tax-exempt debt and various other organizations.
The tax return for a non-profit organization is generally IRS Form 990. We have prepared or reviewed these forms for hundreds of entities with unique situations. In addition, we have assisted many non-profit organizations with initial filings including, IRS Forms 1023 for prospective 501(c)(3) organizations and 1024 for other prospective tax exempt organizations. We have also represented various non-profit organizations subject to IRS audits.
Assist with monthly financial statements, check writing, account reconciliation, payroll and sales tax filings. Our team can serve as your back office without having to take on unnecessary costs.
Serve as an interim CFO or other supporting accounting personnel for staff transition within an organization.
I trust and value the team at Wilkins Miller in helping me uphold the highest standards in accounting practices. Allowing us to uphold the highest standards in mentoring, resulting in us all contributing to lives being changed for the better—forever in our community.
– Aimee Risser
We consider Wilkins Miller’s staff a vital part of Collegiate Housing Foundation’s team, contributing significantly to our success and growth. It is apparent from their diligent efforts year in and year out that their team is invested in the Foundation and the work it does. We communicate and work with them on a daily basis and have for over 20 years.
– Will Givhan
The Wilkins Miller team worked with our Finance Department through various obstacles, not just to complete the annual audit and 990, but also to build better policies, procedures, and practices for our organization. The staff have been invaluable assets in developing high-quality and useful financial information for our Management and Board of Directors.
– Eric Jefferson - Housing First
We have enjoyed working with Wilkins Miller’s talented and accommodating team for several years now. They provide constructive and helpful feedback that has improved our processes each year as we strive to be the best Accounting Department in the region.
– Mark McVay