Non-Profit Organizations

Our clients enjoy the benefit of working with a team of professionals who are well-versed in nonprofit financial and accounting matters and highly experienced in addressing the complex issues facing nonprofit organizations. Our expertise is grounded in a keen understanding of the mission-based work of nonprofits and of their unique accounting, reporting and decision-making needs. Nicholson & Olson, CPA’s is a member of the American Institute of Certified Public Accountants (AICPA), and is an active member of the AICPA’s Government Audit Quality Center http://gaqc.aicpa.org.

Our client base comprises a diverse group of organizations such as:

  • Charitable entities and social welfare organizations
  • Professional and trade associations
  • Public interest organizations
  • Educational and advocacy groups
  • Healthcare

While our clients vary in size, all share a desire to work with a reputable accounting firm that is well-versed in the special needs of nonprofit such as:

  • Audits, reviews, and compilation of financial statements
  • Internal control system enhancement, documentation, and reporting
  • Audits required under OMB A-133, Single audits
  • Cost allocation development and reviews (including compliance with OMB A-122)
  • Compliance reviews of fundraising reporting and allocation procedures
  • Reporting required by contractual agreements
  • Employee benefit plan audits
  • Surveys and ballot counts
  • Form 990 preparation

As required by the AICPA, Nicholson & Olson, CPA’s undergoes an independent peer review of the quality control policies and procedures within the Firm’s accounting and auditing practices. We have received a clean opinion on our Peer Review.