Nonprofit

“From the get go, McKonly & Asbury personnel really tried to understand, really learned our business, learned our nonprofit inside and out. We take our accounting and audit services very seriously, and we feel that we’re getting great value and we look forward to more years of excellent partnership with McKonly & Asbury.” – Central Pennsylvania Food Bank

Check out the full video testimonial here.


 

McKonly & Asbury has built a special reputation for service to the nonprofit sector of the economy. We are proud to serve the area’s most recognized organizations as they strive toward their mission of community support and development.

We recognize the critical importance that the nonprofit sector plays in our communities; and that is why we have devoted ourselves to serving nonprofits of all sizes. Our team members devote up to 100% of their practice time to the specialized needs of nonprofits, including audits, tax services, financial statement preparation, interim controller services, and management advisory services. We bring years of industry experience in both public and private accounting for nonprofits.

 

Services We Provide

 Nonprofit Audit Services
  • Financial Statement Audits
  • Yellow Book and Single Audits
  • Performance Audits
  • Operational Audits
  • Analysis of Internal Controls
Nonprofit Tax Services
  • Analysis of Activities for Unrelated Business Income Taxes
  • Tax Compliance and Planning Services
  • State Registrations
  • Representation before the IRS, Department of Revenue, or Other Taxing Authorities
  • Sales Tax Exemption Filings
Nonprofit Consulting Services
  • Business Transactions Consulting, including Subsidiary Development and Analysis and For-Profit Business Acquisitions and Divestment
  • Building Acquisition Financial Analysis
  • Financial Personnel Recruitment
  • Technology Consulting
  • Human Resources Consulting
  • Assistance with Banking Relationships

 

Nonprofit Resources

Member – Pennsylvania Association of Nonprofit Organizations (PANO)

McKonly & Asbury Focus on Learning – FASB’s Not-for-Profit Financial Reporting Updates

 

Nonprofit Leaders