Non-Profit & Education

Today, more than ever, not-for-profit organizations face financial expectations as demanding as any for-profit enterprise.

Regulatory compliance, donor scrutiny, public calls for transparency and the challenges of a shifting economy create conditions that can best be addressed by qualified, trusted professionals.

KSDT’s Not-for-Profit Group assists clients in communicating their financial condition to stakeholders and others, while also helping them remain focused on the organization’s mission.

We serve not-for-profits that operate in a number of arenas — including education, social service, religion, political action, the arts and medical/scientific research. We also work with trade associations, membership associations and private foundations. Our clients range in size from start-ups to established organizations; in some cases, our not-for-profit professionals may serve as the virtual financial staff for a client (non-audit), while in others, they may work alongside highly skilled and tenured in-house financial personnel.

Not-for-profit organizations engage us to provide a range of services drawn from our firm’s primary service areas: audits of entity and financial statements, accounting and bookkeeping assistance, tax preparation and other government compliance, systems advisory, and other business improvement services. KSDT is knowledgeable in the financial performance benchmarks that many not-for-profits use. We also offer OMB Uniform Guidance (formerly OMB Circular A-133) expertise, for those organizations that need it.

KSDT offers a wide array of services beyond traditional accounting.

Pension Services
Digital Transformation
Compensation Resources
Grants Management
Private Client Services
Center for Individual and Organizational Performance
Workday Adaptive Planning

Our Not-for-Profit professionals also specialize in providing single audits and consultation services for nonprofits preparing for such audits. Under the Coronavirus Aid, Relief, and Economic Security (“CARES”) Act hundreds of billions of dollars of new aid was distributed to entities within the nonprofit sector, requiring many of them to complete a single audit for the first time. These audits are relied upon by federal agencies for determining compliance with the requirements of federal awards. As trusted advisors, we continually work with our clients to keep them one step ahead of these ever-changing regulations.

With more than 50 years of experience, KSDT understands the financial and cultural environments in which not-for-profits operate. When management and audit committees ask us to help them assess internal control risk, document policies and procedures, identify internal control deficiencies, or test controls for operational effectiveness, they’re confident that we’re in tune with the information needs of their board of directors/trustees and any others charged with governance. They know we are also familiar with the expectations of donors, grantors, lenders, regulators, other stakeholders and the public at large.

The not-for-profit world is one of relationships: KSDT is well-connected to the professional networks that not-for-profits draw upon for support, and is committed to serve as a resource for the not-for-profit community. To that end, we host a regular series of webinar events to provide educational content for our clients, as well as contacts, referral sources and alumni.