Excellence in Serving Non-Profit Organizations

Non-profit organizations’ missions are focused on improving the lives of those in their communities and across the globe. Dedicated to the advancement of others, non-profits often face heightened levels of scrutiny from the public regarding its effectiveness and fiscal responsibility. It is imperative for non-profit boards and management to use their financial statements as a tool to understand and inform regarding the operations of the organization.

DHG Non-Profit prides itself on working with non-profits and their boards to provide a greater understanding of their financial resources and the risks they face. We understand your challenges and stay current on industry and regulatory changes that affect organizations like yours. The world is fast-moving, which is why we aim to provide proactive ideas ahead of your needs and work to develop innovative approaches to address issues you face. At DHG, we have built a team of professionals that have the passion, drive and experience to assist our clients in serving their constituencies, members and communities.

This team helps provide guidance in the following key areas:

Insurance Differentiators

KNOWLEDGE SHARE

Alert
IRS Issues Proposed Regulations on Excise Tax for Tax-Exempt Organizations
Publication
FASB Votes to Delay Effective Date of ASC 606 and ASC 842 for Private Companies and Not-For-Profit Entities

SERVICES

A higher standard of accountability and transparency

Our services are designed to support non-profit management teams, boards and audit committees. We can assist in strategy surrounding revenue sources and operational efficiency while upholding donor trust in your ability to carry out the organizational mission. This process includes identification and help with implementation of best practices surrounding your accounting and financial systems along with board reporting and oversight.

Guidance in acquiring and divesting assets

DHG’s 80-plus years of experience in working with real estate transaction structuring offers value to non-profit groups. Recognizing that many organizations, trade associations, healthcare systems, retirement communities and shelters are owners of real estate, we can help you minimize risk in the acquisition and divestiture of property, resolve complex tax issues and structure debt to reduce costs and improve cash flow. The ability to integrate professional specialists from other DHG practices adds substantial value to our advisory services.

Our team has the knowledge and on-the-ground experience to understand your funding sources and develop effective auditing and reporting models. We view our role as business advisors while maintaining independence and objectivity to be one of our most important services. Non-profit organizations are faced with challenges, including increased regulation, heightened media scrutiny of organizational finances and mounting stressors due to economic conditions. At the same time, they must take steps to ensure they maintain their tax-exempt status, develop ways to increase revenue sources, maintain the public’s trust in their ability to provide services and programs and show that funds are being spent wisely and appropriately.

Our tax services professionals will work closely with clients to provide a thorough understanding of critical issues while offering practical insights and strategies. DHG has a dedicated group of tax professionals in our Non-Profit Services Group focused on providing the highest quality professional tax services at a reasonable cost while resolving highly technical tax issues that specifically impact non-profit organizations. We help clients specifically with tax-exempt status application and maintenance as well as preparation of exempt and corporate tax returns.

While a typical non-profit tax engagement involves the complete preparation and review of the Form 990, our DHG non-profit team also performs tax advisory engagements for many non-profit entities and their affiliates. Our team is available to work with your organization through most tax matters and as well as any board education or presentations at the organization’s request. We will serve in the capacity that best fits your needs. Our tax advisory services include:

  • Unrelated Business Income (UBI) Consulting
  • Foreign Reporting
  • Calculation on Tax-Exempt Bond Issues
  • Risk Analysis Associated with Board of Director Membership
  • Private Foundation Compliance and Consulting
  • Community Benefit Compliance
  • New Business and Joint Venture Consulting
  • Welfare Benefit Plan Compliance and Consulting
  • Compensation Analysis

EXPERIENCE

We understand the myriad of challenges that non-profit organizations face, and we are committed to serving the needs of the industry.

Our Non-Profit Clients Include:
  • Charitable and Human Service Organizations
  • Civil, Cultural, Fraternal and Social Organizations
  • Colleges and Universities
  • Environmental and Animal Welfare
  • Faith Based Organizations, Houses of Worship & Auxiliary Services
  • Health and Welfare Organizations
  • Hospitals and Healthcare Providers
  • Housing and Shelter Providers
  • Independent Elementary and Secondary Schools
  • Membership Organizations
  • Museums
  • Political Action Committees
  • Private and Community Foundations
  • Rural Electric Utilities
  • Sports, Recreational and Youth Programs
  • Symphony Orchestras
  • Trade and Professional Associations