We provide comprehensive preparation and submission for your Form 990 filings. This ensures your organization retains its tax-exempt status while transparently presenting your mission-driven operations, executive compensation, and governance to the public and regulatory bodies.

Unlike standard commercial accounting, our bookkeeping tracks revenues and expenditures by restricted, temporarily restricted, and unrestricted funds. This specialized approach maintains strict internal controls and ensures every dollar is accounted for according to donor intent.

We establish detailed accounting systems to track grant funds, map expenditures directly to specific grant requirements, and categorize functional expenses (Program, Administrative, and Fundraising). This protects your funding sources and satisfies strict grantor reporting rules.

The level of service you need depends on the requirements of your funders, lenders, board, and applicable regulations.

Here is a quick guide to help you determine which service is right for your organization:

Full Audit (Highest Assurance)

• When Required: Your organization is expending $1 million or more in federal awards (Single Audit), your state or grantor requires audited financials, you have a large loan covenant, or your board demands the highest level of assurance.

• What You Get: An independent CPA provides an opinion after testing internal controls, confirming balances with third parties, and performing detailed substantive testing.

Review (Limited Assurance)

• When Required: Your organization has $100k–$1M in revenue and needs a comfort letter for a board, a small lender, or a grantor without the cost of a full audit.

• What You Get: The CPA performs analytical procedures and inquiries, providing "negative assurance" that nothing material came to their attention.

Compilation (No Assurance)

• When Required: You need professionally prepared financial statements for internal management, tax filings, or a simple bank loan, and no one is requiring assurance.

• What You Get: The CPA organizes your financial data into GAAP-compliant statements without performing any verification or testing.

We can review your specific situation during a free consultation and help you match the right level of service to your actual requirements.

We provide end-to-end guidance for new and growing organizations. This includes filing Form 1023 for federal tax exemption, structuring initial governance, establishing internal financial controls, and ensuring ongoing compliance with state and federal regulations.

A typical nonprofit audit timeline is approximately 8 weeks from kickoff to final delivery, though this can vary based on your organization's size and complexity.

Here is the general process:

• Weeks 1–2: Discovery & Planning – We meet with your management team to understand your programs, grants, and financial reporting requirements. We provide a Prepared by Client (PBC) list of documents needed and confirm the reporting requirements for your specific audit. We also set the audit timeline, deliverables, and communication plan to ensure alignment.

• Weeks 2–3: Risk Assessment – We perform analytics over your revenue, expenses, payroll, and cash. We gain an understanding of your internal controls and identify key risk areas, then finalize our audit plan and testing strategy.

• Weeks 3–6: Fieldwork & Testing – We test transactions for revenue, expenses, payroll, and grants. We confirm key balances with banks, donors, and lenders, and review contracts, grant agreements, and board minutes.

• Weeks 6–7: Draft Financial Statements – We prepare draft audited financial statements and footnote disclosures. We share the draft with your team for review and feedback and discuss any proposed adjustments.

• Weeks 7–8: Final Review & Delivery – We resolve any open items and finalize audit documentation. A partner-level review and quality checks are performed before we issue final audited financial statements and required management letters.

To prepare, we recommend organizing your financial records in advance, assembling grant agreements and contracts, and designating a point of contact to respond to auditor requests promptly.

We're proud to be LOCAL! Our office is right here in Ashburn, VA, serving businesses and individuals throughout Northern Virginia and Washington DC since 2011. You can meet with us in person if you prefer. We also offer remote/virtual consultations and secure file transfers for convenience. Whether you want face-to-face meetings or prefer working remotely, we're flexible. Many clients appreciate having a local CPA they can call and meet with when they need in-person advice.

We deliver customized financial reports, budgeting templates, and executive advisory services. Designed specifically for leadership teams and board members, these insights provide clear visibility into cash flow, operational performance, and long-term financial sustainability.

We handle the setup and maintenance of state-level sales and use tax exemptions, charitable solicitation registrations, and annual state corporate filings. This protects your organization from unnecessary tax liabilities and ensures you remain legally authorized to fundraise across different states.