We work with a lot of different nonprofit organizations including chambers of commerce, charities, educational institutions, foundations, religious organizations, and social services.

With its own special tax classification for financial reporting and tax purposes – 501(c) – today’s successful not-for-profit organization has matured from simpler business models to incorporate the modern managerial practices and efficiencies once reserved only for the most sophisticated profit-making enterprises.

At Barrett & Scibelli, we understand all the intricacies that doing business as a nonprofit entails, including transparency, financial statement preparation and presentation, revenue and expense recognition, valuation of assets, and the complexities of the annual Form 990.

Our expertise includes:

• audit, review and compilation of financial statements
• information tax return preparation
• consulting on best practices for governance, management and disclosure
• educating and training board members
• accounting and reporting for contributions and net assets
• accounting for investments
• endowment accounting and disclosures