Non Profit Organizations

Ercolini & Company LLP has extensive experience in providing professional services to the non-profit industry.  Our range of experience in the non-profit industry includes elder services, social service agencies, public interest, cultural and membership organizations, organizations that provide affordable housing to low and moderate income families and higher education institutions.  We have extensive experience in auditing organizations subject to a Single Audit under the provisions of OMB Circular A-133 and organizations subject to submitting Uniform Financial Statements and Independent Auditor’s Report (UFR) in accordance with Massachusetts General Laws.

At the very core of our business plan is our duty to service our local community and to that end, we continue to forge strong business relationships and we wholeheartedly support charitable causes that are most influential to our community.  Our partners and staff are sensitive to the challenges that non-profit organizations face in fulfilling its missions.  We provide comprehensive, innovative and personalized attestation services and our continued involvement with management and the board throughout the year allows us to be a meaningful contributor to our client management teams.

Non-profit sectors we serve include:

• Human and elder services
• Social services
• Cultural
• Membership and trade associations
• Residential housing funded by the federal low income housing tax credit program and FHA Section 202 and Section 811 programs.
• Voluntary health and welfare organizations

Our professional services include the following:

• Audit and reporting requirements, inclusive of Single Audits required by OMB Circular A-133
• Preparation or review of Uniform Financial Statements (UFR)
• Preparation and filing of Federal Form 990, Massachusetts Form P.C., and other state required non-profit filings
• Analysis of unrelated business taxable income and other non-profit tax related issues
• Agreed-upon procedures
• Retirement plan audits