Overview Of Our Public Charities and Private Foundations Service
Everyday you give your best to the people and communities across your state. You believe in the power of people and personal service. So do we. Our team of experienced nonprofit accounting professionals help our clients and communities thrive. Our partners have leadership lengthy experience on boards of nonprofit organizations. Our employees donate their time each week to help fulfill the missions of nonprofits. Linked Accounting can give meaningful guidance to your organization regarding board governance, accounting procedures, tax compliance and helping to instill confidence in your donors that their donations are going to impact their communities in positive ways.
Why Linked Accounting?
We know the frequent turnover of staff assigned to your projects is an undesirable and inefficient process for you. With zero turnover in 6 years, Linked Accounting brings consistent faces to your engagements with our firm.
When you need us, we are there. In a recent client satisfaction survey, our clients told us that 84% of their inquiries were answered in 24 hours or less. The remainder was answered shortly after.
Our leaders have served on nonprofit boards and fulfilled the tax and accounting needs of many nonprofit organizations.
The organization board is responsible to provide proper financial oversight. As a board member, you are responsible for ensuing revenue is managed properly and expenditure are authorized and appropriate. Linked Accounting provides board training on its financial oversight role.
Recruiting and Training Finance Directors
The organization’s financial director is primarily responsible for producing accurate financial statements. Linked Accounting can assist your organization in the search, interviewing and onboarding of your new finance management team.
Audit and Assurance
Many nonprofit organizations engage an outside CPA firm to perform a financial statement audit on the organization’s books and records. An audit provides the Board with sufficient assurance that the financial statements prepared by the Finance Director are accurate in all material respects. Linked Accounting provides the full suites of audit and assurance services.
Your organizations tax-exempt status necessitates compliance with a number of financial and tax requirements. The filed tax returns are publicly available. As such, your tax filings are the financial face of your organization. It is an opportunity to show that your organization is so well run that it deserves greater financial support.
One common misconception is that an accounting software is an accounting system. It is important to understand that accounting software is only a means to process data. A breakdown in the financial reporting system often occurs when the system and flow of transactions through the organization is not organized in an orderly and efficient way and those individuals assigned to the varying tasks may not be properly trained. Linked Accounting can provide training to your financial and organization management team to improve your accounting systems.
Public Charities and Private Foundations
Linked Accounting is a full-service accounting firm serving clients nationally.