With all the legal hoops involved, it can be difficult for a not-for-profit to secure its tax-exempt status. The last thing you want after gaining this critical designation is to lose it. In the current political climate, it may be easier than ever to forfeit your status. So if you lead a 501(c)(3) organization, be sure […]
Danger! How Nonprofits Often Lose Their Tax-Exempt Status Read More »
Gray, Gray & Gray has over 75 years of experience assisting non-profit organizations with their accounting, tax and business advisory needs. 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 and continue your important work.
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By Michael Cecere, CPA, MST Gray, Gray & Gray, LLP Most Certified Public Accounting (CPA) firms provide audits of financial statements. But that does not mean all audits are created equal. Although there are accepted standards for the audit process (Generally Accepted Auditing Standards, or GAAS), the quality and accuracy of audit examination and reporting
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By Michael L. Cecere, CPA, MST Gray, Gray & Gray, LLP Non-profit organizations that exist to address the needs of society occupy a special place in the business universe. Whether the mission is to provide support for disadvantaged communities, enlighten lives through art and culture, fund medical research, further a cause, or any one of
Why Non-Profits Need to Think Strategically Read More »