Malin Bergquist's Not for Profit niche group serves more than 125 not-for-profit and tax-exempt organizations. Our team provides clients with insights and solutions in audit, accounting and consulting issues, with expertise regarding the dynamics of governance, finance policies and accounting procedures.

Among other accomplishments, we have advised businesses on how to qualify for tax credits in return for making contributions to educational organizations.  We played an integral role in assisting a for-profit client organize a non-profit arm to administer charitable work at no additional cost, thereby, qualifying them as an educational improvement organization allowing them to obtain substantial tax credits. Another non-profit client is now receiving several hundred thousand dollars in contributions as a direct result of our advice and assistance on this tax credit program.

Services to Benefit your Organization's Unique Needs

All not-for-profit organizations have special, unique accounting and auditing needs. They may include the following:

• Special accounting procedures are often required for certain types of funding, e.g., grants or restricted contributions.
• Measuring the success of a not-for-profit in the attainment of its mission statement requires more than a financial statement.  We can help with success tracking.
• Many not-for-profit organizations do not have the resources for an in-house accounting staff.
• Not-for-profits typically are funded very differently from for-profits.  Continuation and expansion of their funding is a task critical to their continued success.
• Well-prepared reports take on added significance because they are used in fund raising, e.g., as part of a grant application.  In many instances, audited financial statements are required.
• Many not-for-profit organizations have special technology needs.  Clients may have detailed fund-accounting needs or well-defined board member information needs.
• Special reports, such as Form 990, the principle information return of exempt organizations, may have to be submitted to tax and other government agencies regarding the use of donations.

What are Your Needs?

• Audit requirements
• Compliance issues
• Meaningful financial reports
• Personnel issues
• Tax-exempt laws

Malin Bergquist has broad experience and advises clients on the complex financial aspects of managing their organization.  The firm provides a full range of services that meet the specific business, financial and accounting needs of not-for-profit organizations like yours.

How Can Malin Bergquist Help You?

Accounting…Auditing…Tax Filing…Consulting…we have provided all of these services to clients for years. Why trust your future viability to less experienced professionals?

• Accounting – We can develop an accounting system tailored to your organization’s requirements.  With the information that system provides, we can prepare regular financial statements (including budget and cash flow analyses) to assist in your fund raising and strategic planning.  If special accounting systems are needed for certain types of funds, we can provide them.
• Auditing – We have significant experience and depth relating to non-profit audits and accounting.  This includes audits in accordance with Government Auditing Standards, OMB A-133, program audits and employee benefit plans.
• Board Memberships – Not-for-profit organizations typically experience a high level of board turnover.  We can assist in developing board member manuals, facilitate board retreats, policy and procedure manuals, fraud prevention policies, board recruiting procedures, and agency-wide mission statements.
• Budgeting – Let us help in the preparation of your budget.  We can show you how to use that budget to monitor your organization’s activities.
• Internal Controls – We are highly qualified to make recommendations to improve your accounting systems and procedures.  Where elaborate internal controls are impractical because of an organization’s size, we recommend controls that help protect the organization’s assets and produce accurate reports.
• Management Consulting – We can advise you in such diverse areas as fraud detection, computer systems selection, and management training.  Moreover, we can provide continuing assistance as your organization’s needs grow.
• Strategic Plans – Do you have a good plan in place to meet the objectives of your mission?  Our firm can guide your organization through a plan to meet YOUR objectives.  These plans are not limited to financial areas.  As your organization grows or its objectives change, we’re there to help adjust the plan accordingly.
• Tax Services – We can help your not-for-profit organization obtain and maintain tax-exempt status.  We prepare all required tax information returns for organizations that have unrelated business income.  We can apply various tax-planning strategies to lessen this burden.  We can also help prepare and file payroll tax returns.
• Other Services:
  • Facilitate board retreats and training
  • Grant applications
  • Employee benefits
  • Compensation planning
  • Attendance at board meetings
  • Cash flow management
  • Fund raising
  • Grant compliance
  • Personnel search
  • QuickBooks training and consulting

How Do Not-for-Profits Benefit From Malin Bergquist's Services?

• Highly trained and experienced staff – The firm has the practical knowledge and broad capabilities that come with years of experience serving the financial needs of many not-for-profit organizations.
• Financial knowledge – Financial goals of not-for-profit organizations can be complicated. Malin Bergquist's team will take the time to learn about your organization and its particular goals and requirements.  And we’ll take the steps to help you meet those goals and satisfy those requirements.
• National access to professionals – Malin Bergquist is affiliated with with CPAmerica International, a worldwide network of CPA and consulting firms.  This network provides clients with access to financial knowledge and resources of thousands of CPAs across the country and around the world.

For more information, contact Vincent F. Halupczynski, leader of the firm's Not for Profit niche, at 814.454.4008 or at vhalupczynski@malinbergquist.com.