At R.S. Abrams, our Not-for-Profit Group is dedicated to providing valuable guidance on how to successfully function within an increasingly complex and challenging environment of funding and reporting requirements that the not-for-profit sector faces.  Our not-for-profit clients trust the experience and expertise that R.S. Abrams has been providing to the greater New York area since 1934.   Clients that we provide services for include a wide range of industries within the Not-For-Profit sector including educational and religious institutions, foundations and health care providers to faculty and teacher organizations and include such services as:

• Audits,  reviews and compilations of financial statements
• Audits of cost reports required by government agencies
• Agreed-upon procedures engagements
• OMB Circular A-133 audits
• Form 990, 990-PF, 990-T and state filings
• Assistance with the request for exemption (Form 1023)
• Form 5500 preparation
• Board responsibilities and training
• Internal control and risk management

 We understand the unique roles that our not-for-profit clients provide to society and realize that each organization has different missions and challenges that face them and address these on an individual client by client basis.  We consider the unique missions, structures and reporting requirements of our clients and provide your organization with the expertise and advice to allow you to stay focused on fulfilling your mission.  Additionally, we have the knowledge and experience to help your organization reduce risks and protect your tax-exempt status.  Our professionals are dedicated to your organization by constantly keeping updated on the unique issues that face your industry and are members of various not-for-profit groups that focus on the ever changing environment that you operate in.  You function to serve society and to achieve your mission.    We function to provide you with the dedicated and knowledgeable professionals you deserve and have one thing in common: serving the needs of our clients.   We look forward to being your business partner and in helping you achieve your mission. Useful resources:

• Guidestar: http://www.guidestar.org/ IRS Form 990: http://www.irs.gov/charities/article/0,,id=176637,00.html
• NYS Charities Bureau: http://www.oag.state.ny.us/bureaus/charities/about.html
• Center for Excellence in Not-For-Profits: http://www.cen.org/templates/System/default.asp?id=40083
• OMB Circular A-133: http://georgewbush-whitehouse.archives.gov/omb/circulars/a133/a133.html