Not-For-Profit Services

As the competition for grants, donations and governmental funding increases, it is more important than ever for a not-for-profit organization to gain greater control over its program and supporting services expenses in order to achieve its goals and mission each year. Having financial stability within the organization generates a feeling of confidence among all stakeholders, enabling the organization to better serve both its constituents and benefactors.

Providing experience-driven accounting, auditing, tax and consulting services to not-for-profit organizations is a core business for the professionals at Tronconi Segarra & Associates. One-third of our recurring compliance work is done for not-for-profit entities, including community-based organizations, cultural organizations, educational institutions, religious organizations, foundations, voluntary health and welfare organizations, social and country clubs, voluntary fine companies, research/educational partnerships and governmental entities.

Our specific not-for-profit services include, but are not limited to:

  • Audits, including financial statement audits, performance audits and audits in accordance with Government Auditing Standards and OMB Circular A-133.
  • Reviews (if a financial statement audit is not required).
  • Preparation of IRS Tax Form 990 and applicable New York State filings.
  • Exempt Organization registration and compliance with laws, including unrelated business income tax issues.
  • Development and review of the implementation of internal controls.
  • Assistance with corporate governance and ethical practice implementation (Audit Committee requirements, procedures manual formation, policies, etc.).
  • Analysis of the organization's accounting department structure with recommendations for maximizing expertise and productivity.
  • Analys of donor gift instruments to ensure proper classification and compliance.
  • Review of spending policies for endowment funds.

Why do so many not-for-profit organizations choose Tronconi Segarra & Associates to provide their accounting, auditing, tax and consulting services? Our passion for providing exceptional customer service, coupled with our experienced and dedicated team of professionals. We leverage our collective knowledge of not-for-profit organization best practices for the benefit of every organization that we work with, providing each organization with the highest possible return on its investment in high quality accounting, auditing, tax and consulting services.