Comprehensive Financial Solutions for Public Charities and Private Foundations
Managing the financial health and compliance of a nonprofit requires more than just accounting—it’s about ensuring accountability, financial transparency, and alignment with regulatory standards like GAAP and FASB for nonprofit organizations. We specialize in providing tailored CPA services that address the unique challenges faced by public charities and private foundations, ensuring your mission thrives while maintaining fiscal responsibility.
Board Governance & Fiduciary Responsibility
As a board member, you hold fiduciary responsibility, ensuring the proper stewardship of your nonprofit’s resources. We provide governance training that empowers your board to manage revenue streams, approve expenditures, and oversee financial risk effectively. Linked Accounting helps your board meet its obligations by enhancing their understanding of key areas such as restricted and unrestricted funds, internal controls, and adherence to the Uniform Prudent Management of Institutional Funds Act (UPMIFA).
Recruiting & Training Financial Leadership
The nonprofit financial environment demands a finance director well-versed in IRS Form 990, the Statement of Financial Position, and the Statement of Activities. We assist your organization in hiring and onboarding finance leaders who understand restricted grants, in-kind contributions, and cost allocations. Our training also covers fund accounting principles, helping your finance team stay aligned with both donor expectations and GAAP.
Audit & Assurance Services
An external audit provides critical assurance that your financial statements are accurate, compliant, and follow nonprofit accounting standards as defined by FASB. Our audit services help ensure transparency in areas such as the recognition of conditional and unconditional contributions, classification of net assets, and compliance with federal grant auditing under the Uniform Guidance (formerly A-133 audits). We deliver thorough audits that give your board, donors, and grantors confidence in your financial integrity.
Tax Compliance & Strategy
Your organization’s Form 990 is not just a tax filing—it’s a public document that communicates your nonprofit’s financial stewardship and impact. Linked Accounting ensures accurate completion of your 990, including Schedule A (Public Charity Status), Schedule B (Contributors), and Schedule G (Fundraising Events). We also offer strategic tax guidance on unrelated business income (UBI), charitable gift acceptance policies, and maintaining your 501(c)(3) tax-exempt status under IRS regulations.
Accounting Systems & Internal Controls
A strong accounting system for nonprofits goes beyond software; it requires effective internal controls, segregation of duties, and efficient workflows. We help design accounting systems that facilitate accurate tracking of grants, program service expenses, and administrative overhead. Linked Accounting trains your team to implement proper controls, ensuring compliance with both GAAP and nonprofit-specific regulations like the Financial Accounting Standards Board’s (FASB) Accounting Standards Update (ASU) 2016-14.
Our goal is to provide tailored financial solutions that strengthen the financial health and transparency of your nonprofit organization. From board governance and audit services to strategic tax compliance, we help you build donor confidence and financial integrity at every level.