Nonprofit Organizations

Nonprofits have to make every dollar count. Faced with increased funding competition, evolving technology, and changing regulations, nonprofits rely on Templeton to understand their many special audit, tax and operating requirements.

Considered one of the outstanding professional services firms serving South Florida’s nonprofits, Templeton provides organizations of all sizes with high quality audit, accounting, consulting, tax and advisory services and solutions that are customized to each nonprofit’s unique concerns and issues.

Our Nonprofit Clients Include:

  • Charitable and service organizations
  • Civil, cultural and social organizations
  • Educational Institutions
  • Faith-based organizations, houses of worship
  • Foundations
  • Healthcare providers
  • Membership and trade organizations
  • Museums
  • Religious organizations
  • Sports, recreational and youth programs

In addition, having provided support services and solution demonstrations, system installation and customized training, Templeton has a technical understanding of business management and accounting solutions not available from most computer support organizations.

Our Services Include

  • Audits of financial statements in accordance with GAAP, the Yellow Book, the Single Audit Act, OMB Circulars, and various funding agencies.
  • Strategic planning and trend analyses.
  • Consultation services, including design and implementation of fund structures and charts of accounts.
  • Assistance with design and implementation of accounting and internal control systems, policies and procedures, and training personnel.
  • Consultation, design and implementation of computer systems with a special emphasis on MAS 90 accounting software.
  • Preparation of required reports for various funding agencies, including Mental Health and Mental Retardation Programs, Children and Youth Social Services, Long-term and Intermediate Care Facilities, Departments of Health and Human Services, Housing and Urban Development, and Public Welfare.
  • Preparation of federal and state tax and information returns, including private foundations.
  • Consultation on the most recent regulatory and legislative developments.
  • Consultation and advisory services on tax-related issues, including maintaining tax-exempt status and strategic planning.

The firm is a member of the AICPA’s Governmental Audit Quality Center demonstrating our commitment to the quality performance of not-for-profit, governmental and Uniform Guidance assurance engagements.

NONPROFIT BLOG

Higher Education in the U.S. – Rising Costs, Enrollment Challenges and the Need for Innovative Solutions

By David Clark, CIA, CFE, CRMA, Seth Miller Gabriel, Umer Yaqub The higher education landscape has changed over the last few decades, with increasing concern regarding declining enrollment and institutions’ ability to drive revenue by attracting and retaining students at levels necessary to support operations. The impact of COVID-19 on colleges and universities has hastened […]

Top Considerations for the Nonprofit Sector

By Divya Gadre, CPA Since navigating the headwinds of the past year, nonprofit organizations have reimagined their operations to maintain relationships with donors, volunteers and the communities they serve while discovering new means to protect mission funding. Even so, the impacts of the pandemic and calls to further social justice work won’t subside overnight, leaving […]

OMB Issues the 2021 Compliance Supplement

By Tammy Ricciardella, CPA On August 12, 2021, the Office of Management and Budget (OMB) issued the 2021 Compliance Supplement (Supplement). The Supplement is effective for audits of fiscal years beginning after June 30, 2020. The Supplement can be accessed on the OMB website. There are numerous changes in the Supplement this year that will […]