Accounting & Advisory Services for Not For Profit Organizations

At Hudson & Empire, our mission is to empower Not For Profit Organizations by delivering crystal-clear, audit-ready finances and forward-thinking guidance. We translate complex accounting standards into actionable insights, safeguard your tax-exempt status through proactive compliance, and present data in donor-friendly formats that elevate credibility and trust. By embedding rigorous controls and real-time reporting into your daily operations, we give boards and leadership the confidence to launch new programs, pursue ambitious grants, and scale their impact without hesitation.

In short, we provide the financial clarity that lets your team focus on changing lives—not chasing spreadsheets.

Service Suite Tailored to Not For Profit Organizations

Audit & Assurance

What’s included:

↗ Comprehensive financial-statement audits, reviews, and compilations that dig deeper than basic checklists to confirm every revenue stream and expense aligns with your mission.

↗ Detailed internal-control evaluations that spotlight gaps, recommend fixes, and demonstrate stewardship to boards and funders.

↗ End-to-end grantor or funding-agency audit assistance—from pre-fieldwork prep to post-report follow-up—so you never navigate government or foundation audits alone.

Key benefits:

↗ Unshakable transparency that inspires donor confidence and signals accountability to the public you serve.

↗ Effortless compliance with federal and state mandates because every number ties back to authoritative guidance.

↗ Enhanced credibility with banks, grant makers, and major donors, giving your organization a competitive edge in securing future funding.

Tax & Regulatory Compliance

What’s included:

↗ Complete preparation and e-filing of Form 990, 990-EZ, or 990-PF, ensuring schedules match narrative missions and financial footnotes.

↗ Real-time monitoring of tax-exempt status with alerts for state filing deadlines, charitable registrations, and solicitation renewals.

↗ Multi-state charitable-registration guidance—including nexus analysis and annual renewals—to keep cross-border fundraising legally sound.

Key benefits:

↗ Penalty-free filings and deadline peace of mind, freeing leadership to focus on programs instead of paperwork.

↗ Documented proof of compliance for current and prospective donors, reassuring them their gifts fuel impact, not fees.

↗ Straightforward navigation through complex nonprofit tax rules, saving staff countless hours of research and guesswork.

Consulting & Strategic Advisory

What’s included:

↗ Robust budgeting, forecasting, and multi-year financial modeling that tie program costs directly to long-range strategic goals.

↗ Holistic internal-control reviews and process optimization to create airtight policies for approvals, expense coding, and segregation of duties.

↗ Grant-lifecycle management and reporting support, from proposal budgets to final expenditure reports, so every dollar is documented and defensible.

Key benefits:

↗ Finances aligned with mission-critical objectives, making it simple to communicate impact to stakeholders.

↗ Data-driven decisions that safeguard sustainability, identifying funding gaps before they become crises.

↗ Forward-looking plans for new programs, facilities, or capital campaigns, ensuring resources keep pace with vision.

Specialized Support

  • Interactive board-governance and fiduciary-duty training that turns volunteers into financially savvy stewards.

  • Cloud-based accounting-system setup and migration for real-time dashboards, automated workflows, and secure document storage.

  • Custom KPI and program-impact dashboards that translate raw numbers into stories donors understand and share.

At Hudson & Empire, we believe every successful partnership with Not For Profit Organizations is built on a clear and collaborative process. Our proven approach ensures your financial foundation is not only strong today but ready to support your growth for years to come.

Our Proven Process

  • 1. Discover

    We meet with leadership, staff, and key volunteers to understand your mission, funding streams, and pressing reporting pain points.

  • 2. Design

    Our CPAs build a customized financial roadmap—complete with milestones, timelines, and quick-win recommendations—that fits your size, complexity, and growth trajectory.

  • 3. Deliver

    We execute each step with clear communication, providing progress updates and adapting to regulatory shifts or funding changes in real time

  • 4. Develop

    Year-round support, training sessions, and on-demand consultations ensure your internal team grows stronger and more self-sufficient over time.

Why Hudson & Empire for Not For Profit Organizations?

Finding the right financial partner is vital for the success of Not For Profit Organizations, ensuring they stay compliant, build trust, and achieve long-term impact.

  • Dedicated nonprofit specialists—our CPAs and EAs work exclusively with Not For Profit Organizations, understanding nuances from UBIT to restricted funds.

  • Proven success stories across community charities, educational foundations, arts councils, and faith-based ministries.

  • Year-round partnership—your mission is 24/7/365, and so is our support; we never disappear after tax season.

  • Local insight with national reach—headquartered on the East Coast, serving organizations nationwide with state-specific expertise.

Ready to Strengthen Your Mission?

Liberate your leadership team to concentrate fully on mission-driven impact while we shoulder the heavy lifting of audits, regulatory compliance, and long-range financial strategy. Schedule a free consultation today, and discover firsthand how Hudson & Empire equips Not For Profit Organizations with the clarity, confidence, and momentum needed to reach even greater heights of success.

Frequently Asked Questions

  • Most Not For Profit Organizations with gross receipts of $50,000 or more must submit Form 990, 990-EZ, or 990-N annually to disclose finances, programs, and governance practices.

  • Maintain accurate bookkeeping, meet every federal and state deadline, and ensure all activities align with your exempt purpose. An annual internal-control review is strongly advised.

  • An audit provides the highest level of assurance with rigorous verification of balances and disclosures. A review offers limited assurance through analytical procedures and inquiries—suitable for smaller Not For Profit Organizations needing less scrutiny.

  • Only professional services with measurable fair value—such as legal, medical, or accounting—may be recognized under U.S. GAAP. Volunteer labor typically appears in footnotes, not on the face of financials.

  • Gather governing documents, prior-year financial statements, grant agreements, and bank reconciliations. Establish strong internal controls and appoint a liaison to coordinate auditor requests.