The Kraft Advantage
Providing services for not-for-profit clients requires specialized training, continuing education and experience. It also requires a unique ability to understand the mission, the management and the reporting requirements that make not-for-profits different from corporate clients. This work also requires a firm with a heart for the niche.
KraftCPAs, long recognized for our commitment to the not-for-profit community, has a 20-person team with the experience, expertise and continual training to excel in serving not-for-profit organizations. Our not-for-profit/governmental clientele includes more than 100 organizations, including:
Tax consulting and compliance
Because we prepare more than 100 Form 990 returns annually, our not-for-profit industry team has significant experience dealing with not-for-profit reporting issues such as unrelated business activities, debt-financed income, allocation of functional expenses, disclosures related to program service accomplishments, private inurement, excess benefit transactions, proper reporting of special events and fund raisers, and appropriate compensation disclosures.
In addition to our professional experience with not-for-profit clients, our team has extensive, practical experience serving on committees and boards of numerous professional, civic and social organizations. This hands-on experience gives our team a management-level perspective, which prepares us to advise not-for-profit clients on business management, technology, tax and other financial issues.