Non-profit organizations face increasing and constantly changing government regulations, and declining corporate and individual contributions. Non-profits must also report financial statements to different users as well as accurately account for the use of funds from both private contributions and grants. Gainer Donnelly has vast experience helping non-profit organizations to succeed in this environment.
Gainer Donnelly clients include local and national organizations with annual revenues ranging from less than $1 million to more than $30 million of dollars including:
- healthcare organizations
- social welfare agencies
- art organizations
- religious and educational institutions
Our objective is to help clients improve service efficiency and cost effectiveness. Our tax consultants are experienced with exempt status, excise taxes on investment income, estate taxes, payroll taxes and unrelated taxation.
Gainer Donnelly's commitment to non-profit organizations is further demonstrated through its Employee-Directed Charitable Giving Program which donates one percent (estimated at over $100,000) of its annual revenues to the Houston nonprofit community. Partners and staff also serve on the board of directors of various community organizations, volunteer in a myriad of ways, and donate a significant amount of time to pro bono work for non-profit organizations.
Specialized Services
With more than 60 years of combined experience, Gainer Donnelly professionals provide value-added services for non-profit organizations:
- Operational reviews
- Federal grant and contract support services
- Organization and workflow planning
- Donation, endowment and gift acceptance policies
- Grant management policies and procedures
- Joint venture structure
- Subsidiaries structure and formation
Strategic Tax Planning and Compliance
Gainer Donnelly's non-profit experts protect clients' tax-exempt status through efficient preparation of all state and federal income tax return and monitor client compliance with appropriate state and federal regulations.
Additional tax services include:
- Application for, and maintenance of, tax-exempt status
- Resolution of multi-state tax issues
- Research and assistance with tax audits
- Tax estimation tools
Audit and Financial Services
- Financial statement auditing
- Periodic financial reports
- Internal accounting control systems evaluation
- New accounting standards recommendation and implementation
- Establishment of financial controls and reporting systems
- Perform feasibility studies and due diligence
- OMB A-133 audits and reporting requirements
- Fund accounting
- System development to track earnings and restricted net assets
Gainer Donnelly Non-Profit Contact
Leslie Berardo
