Charitable organizations, private foundations, community service agencies, and education institutions turn to MP for specialized accounting and advisory services that help fulfill their mission with financial clarity.
As your Certified Public Accountant, MP assists with navigating complex regulations, while improving your organization’s financial operations. Our team has extensive experience working with organizations to understand the complexities of informational filings and are able to advise clients regarding requirements that are unique to their organization. Audits of non-profit organizations require specialized knowledge. In order to stay current with federal and state requirements, our staff attend training on relevant topics impacting these organizations.
We are a member of the American Institute of Certified Public Accountant’s Government Audit Quality Center. This Center is available to public accounting firms committed to performance of attestation engagements under the Government Auditing Standards and the OMB Uniform Guidance, and who adhere to significant membership requirements. We frequently call the Center’s resources for training, research and other technical guidance.
MP is one of the largest providers of audit services to Massachusetts Charter Schools. We worked closely with the Massachusetts Charter Schools office in the early years to establish proper financial reporting for those schools. We will work with you to understand the application requirements and complexities to establish or expand your school.
With our firm by your side, your organization has a trusted partner with the not-for-profit expertise to improve your accounting practices while increasing accountability to members, donors, and stakeholders.
MP offers a variety of accounting services to not-for-profits, in areas including:
- Board of Director best practices and training
- Internal controls review
- Tax preparation, filing, and compliance
- Unrelated Business Income Tax matters (UBIT)
- Grant reporting
- Endowments tracking and reporting
- Charitable remainder trusts