Comprehensive accounting for Not-for-Profits to build trust, ensure compliance, and manage grants.
Transparent, compliant, and mission-focused financial solutions for not-for-profit organizations.
Not-for-Profit organizations face unique financial challenges, including maintaining donor trust, ensuring compliance with Internal Revenue Service regulations, managing grant funding, and producing clear financial reports. These requirements demand accurate records and expert guidance. With increasing scrutiny on financial transparency, the need for reliable accounting services for not-for-profits has never been greater.
We help not-for-profit leaders stay focused on their mission by handling the complexities of compliance, reporting, and financial planning. Our team understands the specific rules governing not for profit entities and delivers the strategic insight needed to sustain operations, secure funding, and grow impact.
We perform independent financial statement audits, Single Audits under the Uniform Guidance, GATA and other compliance audits, and other assurance services for not-for-profit organizations. Every engagement runs on a defined timeline with direct partner involvement, producing board-ready reports your funders, grantors, and regulators can rely on.
Our team provides precise, timely non-profit bookkeeping services that track every donation, grant, and expenditure. We implement best practices for internal controls and ensure that financial data is audit-ready at all times.
We support not-for-profits with restricted and unrestricted fund tracking, ensuring proper allocation and use of funds according to donor or grantor requirements. This includes helping with budgeting, reporting, and reconciliation across multiple funding sources.
As experienced tax preparers, we guide organizations through tax preparation, IRS (Internal Revenue Service) compliance, and other reporting obligations. Our advisory team helps minimize risk and supports you in maintaining your tax-exempt status.
Sheikh, Osher & Scott CPAs & Advisors go beyond basic accounting; we become a strategic partner in helping your not for profits thrive. Through outsourced not-for-profit accounting solutions, we help reduce administrative burden, improve financial accuracy, and create reporting structures that support long-term growth. Our services meet the needs of charitable organizations, foundations, religious institutions, and membership associations.
Our not-for-profit audit services also give stakeholders confidence in your financial statements, strengthening your position when applying for grants or reporting to your board. As one of the trusted CPA firms in Illinois, our goal is to help not for profits achieve financial clarity and meet their compliance responsibilities with ease.
Focus on your mission while we handle the numbers. Let our experienced team take care of your not-for-profit’s financial needs from bookkeeping to compliance.
Reach out to learn how our accounting services for not-for-profits can bring clarity, accountability, and peace of mind to your organization.
