Not-For-Profit

Audits of not-for-profit organizations have long been a service that CPA firms provide in the “off season.”  Not at BBD.  At BBD, services provided by our Not-For-Profit Group represent 25% of the total business of our firm.

Our Not-For-Profit Group includes a team of 15 professionals, including two partners and a 990 specialist, dedicated full-time to providing audit and tax services for more than 100 not-for-profit organizations in the Philadelphia area.  From partners, to tax specialists, to staff accountants, clients work with a team that serves not-for-profit organizations every day of the year.  That’s a level of dedication to the not-for-profit community that few CPA firms can match.

Clients include:

• Social services organizations
• Trade/professional associations
• Religious institutions
• Educational and cultural organizations
• Foundations

Governmental Audit Quality Center
Our firm is a member of the Governmental Audit Quality Center (GAQC), sponsored by the American Institute of Certified Public Accountants.  The Center is a voluntary membership Center for CPA firms that perform audit and attestation engagements under Government Auditing Standards and OMB Circular A-133.  As a member of the GAQC, we are committed to performing the highest quality not-for-profit audits.  We demonstrate our commitment by voluntarily agreeing to adhere to the Center’s significant membership requirements.

 Clients rely on our Not-For-Profit Group for the following services:

• Audits in accordance with Government Auditing Standards, OMB Circular A-133, and other state and local requirements
• Tax consultation regarding selection of optimum organizational structure, unrelated business income tax, and excess benefit issues and intermediate sanctions
• Preparation of required reports for funding agencies

Can we help you?  Contact any member of our Not-For-Profit Group in the list to the right.