Not-for-Profit Organizations

Miller, Kaplan, Arase & Co. has been providing accounting and auditing services to not-for-profit organizations for over fifty years. Our extensive experience working with tax-exempt organizations of all kinds enables us to perform efficient, cost-effective financial statement audits for public charities, private foundations, industry associations and other nonprofits. Furthermore, our familiarity with nonprofits provides us with the perspective needed to identify industry “best practices”. As part of every engagement, we offer our clients suggestions for improving their procedures and controls.

MKA’s not-for-profit expertise includes financial statement audits, single (A-133) audits, information returns, and unrelated business income tax returns.

A-133 Audit for Nonprofit Organizations

A nonprofit organization in required to complete an A-133 audit if the organization has spent more than $500,000 per year in federal funding. The A-133 audit looks for compliance with general and specific government audit requirements which cover financial and non-financial factors. When you do receive federal funding you should let your auditor know immediately so that you can get help setting up proper systems for complying with government regulations and completing an A-133 audit.

If you are a not-for-profit organization and would like to learn more on how we can help you with the preparation of a financial statement audit, contact us online or call us at (818)769-2010.