Community-Based Organizations
Not-For-Profit and Education
At the center of your nonprofit is the desire to keep going against all odds to fulfill a unified goal. Sometimes, that focus can become clouded by compliance, governance and operational and financial decisions. Having the right team with the experience and knowledge to help tackle hurdles nonprofits face can free up your time and resources, letting you stay focused on the heart of the matter — your mission.
Our Not-for-Profit Industry Expertise
Education Services
Foundations
Government
Trade Associations and Membership Organizations
Not-for-Profit Industry Challenges and Trends
Nonprofit organizations receiving federal funding must navigate evolving Uniform Guidance requirements, grant regulations and reporting standards. Withum helps organizations manage government-funded programs and single audits to strengthen compliance and mitigate risk, enabling you to maintain funding and stay focused on your mission.
Keep your work environment and information secure. Invisible threats are always looming. It’s vital to safeguard your financials, contacts and maintain the integrity of your systems to prevent irreversible damages. Step one: understand the underlying dangers. Step two: eradicate them.
Learn MoreNonprofit outsourced accounting and finance options are readily available no matter the life stage of your organization. We can improve your workflow, streamline resources and offer advice and support to help you stay focused on what’s important – your people and your mission.
Outsourced Accounting Systems and Services (OASyS)Fluid communication, automated processes and streamlined inefficiencies are vital to your organization’s longevity. Learn how integrating Microsoft 365 and Teams or an Enterprise Resource Planning (ERP) tool can help your school or nonprofit keep productivity up and inefficiencies down.
Learn MoreWhen dealing with healthcare and insurance claims, weaknesses in nonprofit revenue cycles can leave dollars on the table for the organization’s funding and daily operations. Periodic revenue cycle assessments encourage stronger process management and lead to a healthier bottom line.
Healthcare Revenue Cycle Management ServicesWhether you are a start-up and need help structuring the correct entity type, or you are an established nonprofit looking to discuss risk exposure, unrelated business activities, 990 preparation and presentation, benchmarking or improving your watchdog ratings, our tax team is here to help.
Learn MoreNot-for-Profit Insights
Civic Warriors
We bring the conversation to you, sharing relatable stories that motivate and build consensus in the nonprofit community. Experience what it takes to make an impact and become a true Civic Warrior.
Case Study: Delivering Merger Integration Advisory Services for a Public University Merger
Executive Summary The merger of two public universities required the seamless integration of financial operations, technology platforms, compliance obligations and governance structures with the added pressures of ensuring there were no disruptions for students, faculty, staff and vendors. Withum’s Not-for-Profit and Education Services Team was engaged to provide merger integration advisory services, helping leadership navigate…
Audit Preparation for Non‑Profit Theatres
Non‑profit theatres operate in a world where creativity meets complex financial operations. Between ticket sales, grant reporting, union payroll, production costs, and in‑kind donations, these organizations manage a financial landscape unlike any other. When audit season arrives, the pressure can intensify quickly, especially for teams already stretched thin. As an outsourced accounting CPA who supports…
Proposed New IRS Reporting Requirements for Nonprofit Hospitals
A Congressional discussion draft released May 12, 2026, would significantly expand the information that tax-exempt hospitals must report annually on their Form 990. The draft amends Section 6033 of the Internal Revenue Code by adding a new subsection (p) and would apply to every organization described in IRS Code Section 501(r)(2) that is required to…
Market Volatility Is a Test — Is Your Nonprofit’s Investment Governance Built to Withstand It?
Recent market volatility has increased pressure on nonprofit organizations to actively manage investment portfolios. For entities with endowments or reserves, these assets are critical to sustaining operations and supporting long-term mission impact. In this environment, two priorities stand out: consistent portfolio monitoring and a well-defined Investment Policy Statement (IPS), together forming the foundation of effective…
How We Can Help Your Not-for-Profit Organization
At Withum, we understand that today’s not-for-profit organizations face a unique combination of financial, operational and regulatory challenges. From staffing constraints and budget pressures to grant compliance, governance responsibilities and evolving reporting requirements, leaders are expected to do more with fewer resources while remaining focused on their mission. Withum’s Not-for-Profit and Education Services Team serves organizations of all sizes across a wide range of sectors, providing specialized accounting, tax, advisory and technology consulting solutions tailored to your needs.
Our professionals bring deep industry knowledge, practical experience and a forward-thinking approach to every engagement. Whether you’re navigating complex regulations, pursuing strategic initiatives or preparing for the future, we’re committed to helping your organization achieve its mission and maximize its impact.
Not-for-Profit Accounting, Audit and Tax Services
- Audit and Attest Related Services
- Government-Funded Programs and Single Audits, in accordance with 2CFR200 and Local State Regulations
- Audits of Grant/Funding Source Contracts and Program-Specific Audits
- Tax Compliance
- Preparation and Review of Form 990 and Form 990T
- State Charities Registrations
- International Compliance
- Employee Benefit Plan Audits of 401(k) and 403(b) Plans
- Outsourced Accounting and Reporting, CFO and Staff Augmentation
Not-for-Profit Advisory Services
- Advisory Services
- Board Training and Education, including Tailored CPE and Non-CPE Trainings on Specific Topics
Not-for-Profit Case Studies
Giving Back in More Ways Than One
Delivering on our promise to always give back to the communities in which we live and work, you’ll see our team members volunteering at local nonprofits, serving on boards and committees – doing our part every day to make a difference.
Annual Week of Caring
Join Us on Civic Warriors
Are you interested learning more about our Civic Warriors podcast, and possibly being a future guest? Join us for an episode to share your story in the not-for-profit industry.
Connect with Our Nonprofit Leaders
Contact Us
For more information or to discuss your business needs, please connect with a member of our team.