Nonprofit Audit and Tax

We invite you to experience the difference of true dedication to the nonprofit community!

No other public accounting firms in Philadelphia have committed to the audit and tax needs of the not-for-profit community like BBD. We’ve dedicated Six partners and a team of approximately 40 professionals to work only on the audit and tax issues important to our approximately 500 not-for-profit clients. Each member of our Group works with the public sector every day of the year, not just in an “off-season” when they are free from other specialties.

Conducting an Auditor Search?

We invite you to experience the difference of
true dedication to audit and tax services for nonprofits.

Contact Us

Educational and Cultural Organizations

Our educational and cultural organization clients include:

  • Charter Schools
  • Childcare Centers
  • Historical Societies
  • Humanities Organizations
  • Independent Schools
  • Museums
  • Nature Centers and Environmental Education Organizations
  • Organizations focused on adult education

 

Our extensive accounting, audit and tax experience with educational and cultural organizations includes:

  • Accounting for alternative investments
  • Accounting for works of art and other collections
  • Bonds and other debt compliance
  • Endowment accounting
  • Split interest gift agreements
  • Tuition and financial aid testing

Private Foundations and Other Grant-making Organizations

Our extensive accounting, audit and tax experience with private foundations and other grant-making organizations includes:

  • Accounting for alternative investments
  • Distribution requirements and excise tax implications
  • Donor and Board restrictions
  • Fair valuation classification
  • Revenue recognition related to exchange vs. contribution
  • Issues related to Unrelated Business Income Tax

Professional and Trade Associations

BBD's Not-For-Profit Group provides audit and tax services for nearly 75 professional and trade associations.

We provide audit and tax services for organizations classified as:


  • 501(c)(3) organizations
  • 501(c)(6) organizations

Our extensive accounting, audit and tax experience with these organizations includes:



  • Membership dues
  • Issues related to Unrelated Business Income Tax

Religious Institutions

Our religiously affiliated clients include:

  • Churches and other faith communities
  • Dioceses
  • Sponsored works of religious orders

 

Our extensive accounting, audit and tax experience with religiously affiliated clients includes:

  • Convergence of external reporting to internal reporting
  • Grant compliance
  • Issues related to mergers and acquisitions
  • Receivables and revenue
  • Split interest agreements

Social Services Organizations

Choose an auditor who truly understands your funding sources and unique audit requirements. BBD maintains deep specialization with the Uniform Guidance and other compliance requirements for social services organizations.

Due to the depth of our team dedicated exclusively to providing audit and tax services for not-for-profit organizations, our professionals are able to further specialize within the not-for-profit arena, including with the issues related to the Uniform Guidance. Approximately 20% of our not-for-profit clients are subject to the requirements of the Uniform Guidance.

In addition to the Uniform Guidance requirements, our extensive audit and tax experience with social services organizations also includes:

  • Understanding of state and local compliance requirements
  • Grant compliance
  • Issues related to mergers and acquisitions
  • Receivables and revenue
  • Split interest agreements

Setting the PACE
For the Client Experience

Our values drive everything we do at BBD and differentiate us in the commoditized world of audit and tax services.  BBD's professionals are passionate about the distinct industries we serve; authentic in our relationships and communication with our clients; and collaborative in navigating our clients' challenges.  Our commitment to living these BBD core values enables us to deliver an exceptional client experience. We're setting the PACE for client experience quality.