Non-profit organizations and associations are not only mission-driven but also success driven. High on their agendas are developing strategic plans for leaner operations, Sustainability and growth. They answer to boards and trustees who demand greater accountability, transparency and more effective governance frameworks. Like their commercial counterparts, they too require insight when it comes to addressing management and operational issues, internal controls and tax concerns. The challenges are many but so are the solutions.

At NK, we recognize that running a nonprofit organization varies significantly from managing a for-profit business. Whether your organization receives funding from federal awards or grants from private sources, we have the expertise to help you effectively navigate complex audit requirements-freeing you to concentrate on achieving your organization's goals and serving the needs of the community.

Informing clients of changing standards affecting nonprofit organizations Audits and reporting requirements including:

• OMB A-133, Nonprofit tax and related reporting issues 
• Assisting nonprofit organizations in implementing FASB 116, 
• Accounting for Contributions Received and Contributions Made
• Fund accounting Grant administration and Compliance Assistance
• Implementing FASB 117,
• Financial Statement of Nonprofit Organizations 
• Feasibility studies
• Bond issues and debt refunding 
• UFR preparation and review services