Non-Profit Advisory Services
From compliance and reporting to strategic planning and governance support, JBC works with organizations to strengthen financial oversight and support their mission.
Who We Help
Supporting Organizations That Serve Our Communities
Not-for-profit organizations fill critical needs in our communities, enhancing the quality of our lives. Driven by a mission, non-profits must operate efficiently and maintain proper corporate governance and financial oversight.
Our goal is to be a trusted advisor, one who provides a full-range of services tailored to help you successfully navigate the complexities of your mission-critical activities. Our extensive experience in the non-profit community can provide you with practical solutions to your economic and operational challenges.
non-profit specialties
- Education
- Environmental Quality, Protection & Beautification
- Foundations
- International Organizations
- Museums & Cultural Institutions
- Philanthropic Organizations
- Recreation & Sports
- Religious Organizations
- Social Services
- Trade & Professional Organizations
Expertise
Non-Profit Accounting
Cash-Flow Budgets & Forecasting
Develop detailed cash-flow projections and operating budgets to help organizations plan for program expenses, staffing, and capital needs. Forecasting supports informed decision-making and long-term financial stability.
IRS Counsel & Representation
Provide guidance and representation in communications, examinations, and compliance matters involving the IRS. Support includes responding to notices, coordinating documentation, and addressing regulatory questions.
Financial Audits
Conduct independent financial statement audits in accordance with applicable accounting and auditing standards. Audit procedures evaluate internal controls, reporting accuracy, and compliance requirements.
Grant Request Assistance
Assist with the financial components of grant applications, including budget preparation and supporting documentation. Services are designed to present clear, organized financial information aligned with funding requirements.
Guidance in Tax Law Changes
Monitor and interpret changes in federal and state tax laws affecting nonprofit organizations. Analysis focuses on potential operational and reporting impacts, along with recommended planning considerations.
990 Federal Tax Forms Preparation
Prepare and review required Form 990 filings, including related schedules and disclosures. Services address reporting accuracy, regulatory compliance, and timely submission requirements.
Additional Services
Financial Audits
We devote a substantial portion of our practice to providing audit services to non-profit organizations around the state of Wisconsin. An audit provides the highest level of assurance and includes a close examination of the financial statements and a review of the internal controls of the organization. Many grant agencies through state or federal regulation require audits of non-profits.
Compliance Audits
Depending on the level of funding and grant requirements, some organizations are required to complete compliance audits. These audits deal with the internal control and ensure that grantees are in compliance with all requirements of their funding agreements.
Program Audits
Some organizations may not require a full financial audit, but a funding source may still require a program audit. This is an audit of a specific program of your organization and does not look at the financial information of the entire organization. These types of audits ensure that the organization is in compliance with the funding source’s requirements for the year.
Reviews
JBC offers review services to non-profits in Wisconsin. A review is geared towards an organization that does not need an audit, but would still like some assurance that the financial statements are free of errors. Reviews consist primarily of analytical procedures and inquiries of management to ensure there are no known material misstatements.
Compilations
Compilations are less in scope than both audits and reviews. JBC can assist in the preparation of the notes and financial statements based on the information given to us by the management of the organization.
Agreed Upon Procedures
Agreed upon procedures are similar to program audits. Some organizations are small enough that they do not require a full audit but a funding source requires testing to be performed for certain accounts and transactions.
Federal & State Tax Returns
To maintain tax exempt status, non-profit organizations are required to file an annual Form 990 tax return. JBC can assist in determining which type of Form 990 your organization is required to file and assist in the preparation of the form. We can also assist in determining if you are required to be registered with the Wisconsin Department of Regulation and Licensing, filing the application, and preparing the required annual Form 1952.
Collaborate With Us
Contact Johnson Block to learn more about our specialized non-profit accounting and reporting services.
JBC