NON-PROFIT ORGANIZATIONS

THE POWER OF MORE MAKES A DIFFERENCE FOR NON-PROFITS.

Our Experience

Non-profit organizations that exist to address the needs of society have a special place at Gray, Gray & Gray. With over 75 years of experience, we specialize in providing accounting, tax and business advisory services to non-profit organizations including those who rely on local, state, federal, or private funding.

Our non-profit clients depend on us for timely services, insightful advice, and essential support for their operations. We apply the Power of More by delivering practical, proven advice that can lead to improved financial stability, and ultimately an enhanced ability to fulfill your mission.

Whether your purpose is to provide support for disadvantaged communities, enlighten lives through art and culture, fund medical research, further a cause, or any one of thousands of other worthy goals, you can count on us to provide the support you need to continue your important work.

We have deep experience in the complex accounting and reporting requirements that are unique to non-profits. But, while our main objective is to help you remain accountable to donors, volunteers, government agencies, and program recipients, we don’t stop there.

We view our accounting and advisory work as a strategic gateway to understanding what makes your organization successful, and what is required for future growth. Our team brings the Power of More by working collaboratively with our non-profit clients on everything from financial controls to budgeting, employee benefit audits, and long-term strategic planning. These additional functions are essential to helping ensure financial stability, providing a solid basis for fund raising, grants, bequests, and other forms of financial support.

The Power of More

With vast experience serving many of the country’s leading non-profit organizations, including several 503(c)(3), 501(c)(4), 501(c)(5), and 501(c)(6) entities, Gray, Gray & Gray has the resources necessary to support your organization as you work to fulfill your mission. We do it professionally, at a fair price, and in a manner which helps to enhance your long-term financial success.

Our Services

We have experience in the complex accounting and reporting requirements that are unique to non-profits, including Form 990 filing and overhead audits. We address key issues such as:

Cost-effective audits, reviews and compilations of your financial statements including:

  • Yellow Book, Uniform Financial Statements
  • Independent Auditor’s Report (UFR)
  • Overhead audits as required by government grants and contracts

External audit support, including preparation of the audit package

  • Implementation of new accounting standards
  • Assistance recording complex financial transactions
  • Internal control and systems evaluations and best practices
  • Preparation of Form 990, Annual Information Report to the IRS and related state filings
  • Interim CFO and Controller services
  • Back-office support
  • Financial projections and budgets
  • Fundraising and planned giving optimization
  • Bond and grant compliance
  • Review budget projections and compare the projected budget to actual results
  • Prepare quarterly financial statements for your board of directors
  • Long-term strategic planning insight and advice to improve business operations
  • Meet with your budget task group to analyze costs and seek opportunities to reduce overhead
  • Calculation of financial ratios and benchmarking to industry peer organizations
  • 403(b) employee benefit plan audits
  • Retirement plan consulting
  • IT risk assessments such as penetration testing
  • IT consulting

Giving Back

Gray, Gray & Gray believes strongly in the concept and practice of corporate citizenship. As such, we have made a firm-wide commitment to being actively involved in the communities we serve. As part of this commitment, we established the Gray, Gray & Gray Charitable Foundation which has been active for over 20 years. Learn more about our Charitable Foundation here.

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Client Testimonial

“Cure Alzheimer’s Fund (CureAlz) has benefited greatly from the expertise, guidance and patience of Gray, Gray & Gray’s excellent staff for over ten years. As CureAlz, a 501c nonprofit organization, entered its third year as a small, entrepreneurial organization, it retained Gray, Gray & Gray to provide audited statements of its activities. Since that time, Gray, Gray & Gray has not only provided audit services, but also provided necessary financial guidance and support in helping CureAlz structure its financial operations for maximum effectiveness and transparency.”

“Gray, Gray & Gray has understood the limitations of a small, rapidly growing organization and has helped us transition to a more professionally managed nonprofit with an excellent financial staff of our own which has continued to work smoothly with Gray, Gray & Gray. As CureAlz has grown and become more complex, so, too, has Gray, Gray & Gray’s advice and counsel about relevant matters to help keep our financial management system running with the highest level of integrity and efficiency.”

Tim Armour, President and CEO
Cure Alzheimer’s Fund

Contact Us Today!

Discover how we can give you the power to do more.

Our Memberships

We are proud to be a part of the Massachusetts Non-Profit Network.

Lead Contact

We have an experienced team of professionals dedicated to serving clients in the nonprofit sector.
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