What are your nonprofit organization's pain points?

• Daily accounting tasks?
• Bookkeeping know-how?
• Timely bank account reconciliations?
• Automating business processes such as bill payment, while building in proper internal controls, reviews and approvals, etc.?
• Minimizing paper documents and becoming paper free or "paper-less"?
• Streamlining key business processes?
• Updating antiquated accounting and gift systems and moving to the cloud?
• Performing timely and accurate monthly and annual closes?
• Generating accurate, timely, and meaningful financial reports for key stakeholders (CEO, Board, Development)?
• Accounting for investments, including alternative investments and partnership investments often held by private foundations?
• Using your accounting system to accurately track program costs, general and administrative, and fundraising costs?
• Establishing and monitoring operating and capital budgets?
• Getting through your external financial statement audit and interacting with auditors?
• Getting your 990 filed accurately and timely or gathering the information needed to file your 990 to your outside tax firm?

We are experienced bookkeepers, tax professionals, and nonprofit auditors and have in-depth experience in all these areas. We can be plugged in to help with any one or more of these pain points.

We can also be utilized to enhance internal controls where staff levels are limited by adding in additional checks and balances within any business process.

We have experience with organizations implementing tools like Ramp and Bill.com, as well, to streamline bill processing, reviews, approvals and create more efficient cash management and approval system.

Reach out if you'd like to chat or forward to someone you know who may be going through turmoil in any of these areas. Please see our website for more information about our firm. References from our many non-profit accounting, auditing and tax clients are available upon request.

Paul J. Smit & Associates is a local CPA firm that provides accounting, tax and consulting services to individuals, businesses and not-for-profit organizations. Christian not-for-profit organizations is a primary focus and niche area of service for our firm. The firm was founded in 2002 by Paul J. Smit after having worked for several years in the not-for-profit audit practice at KPMG LLP, a multi-national accounting firm. We have been serving clients for nearly 25 years in the Chicagoland area. Even though we are a local CPA firm and serve clients mostly in the greater Chicagoland and Northwest Indiana regions, due to our use of technology tools such as remote access software, cloud-based engagement management software, client portals, cloud accounting software, hosting services such as Right Networks, etc., we are able to work with non-profit organizations located anywhere.