NOT-FOR-PROFIT

LMG is a leading CPA firm in the Commonwealth of Massachusetts in providing audit, accounting, tax, Uniform Financial Report (UFR) and regulatory services to not-for-profit organizations. We have extensive experience working with private schools (including Chapter 766 approved private schools), health and human services organizations, membership associations, arts and cultural organizations, environmental organizations, and charitable foundations. Our team has considerable experience in dealing with the extensive rules and regulations applicable to such organizations.

Our Not-for-Profit services include:

Audit and Assurance Services

  • Financial Statement Audits
  • Uniform Financial Report (UFR) Audits and UFR Compliance
  • Uniform Guidance / Single Audits
  • Employee Benefit Plan Audits
  • Financial Statement Reviews
  • Regulatory Required Six Month Reviews
  • U. S Department of Housing and Urban Development Project Audits

 

Tax and Government Reporting Services

  • Government Filings (Federal, State, Local)
  • UFR Consulting
  • Tax Representation
  • Unrelated Business Income Tax Consulting
  • Tax Exemption (Income, Sales and Property Taxes)
  • Executive Compensation and Benefits
  • Post Issuance Bond Compliance

 

Consulting Services

  • Regulatory and Rate Consulting
  • Management Consulting
  • Organizational Governance
  • Government Audit Representation and Support
  • Litigation Support and Government Agency Investigations
  • Accounting and Finance Department Evaluation and Support
  • Review of Financial and Operational Systems
  • Financial and Budget Reporting
  • Benchmarking and Financial Ratio Review
  • Financing (Tax Exempt and Conventional Bank)
  • Internal Control Reviews
  • CFO/Controller Support and Outsourcing