Not-for-Profit & Government

Dean Dorton’s Nonprofit and Government Team

For most not-for-profit entities, their reputation risk (or fraud risk) is by far the biggest business risk. Public, not-for-profit entities suffer mightily when even the smallest of frauds becomes a newspaper headline. As such, we’ll spend much of our time understanding, documenting, and testing the organization’s internal controls in an effort to minimize reputation risk. Our nonprofit and government assurance clients include:

  • Foundations
  • Professional and trade associations
  • Charitable organizations and agencies
  • Educational institutions
  • Religious organizations
  • Membership organizations
  • Cultural organizations
  • Research and scientific organizations
  • 501(c) organizations with revenues as large as $500,000,000
  • Quasi-governmental entities with revenues as large as $130,000,000

We established our nonprofit industry team to maximize the quality and delivery of our services. The team consists of 30 audit, tax, and consulting professionals. Dean Dorton’s nonprofit industry team exists both to serve our nonprofit and government clients more efficiently and to continue deepening our knowledge of the industry, especially as our clientele in this group continues to grow and diversify. Members of our nonprofit industry team have written many articles, spoken at events, and led training and are considered leaders in the nonprofit sector. We are interested in the nonprofit sector, know its specialized issues, and can provide a wide range of valuable services designed to both optimize tax results and avoid unanticipated problems including:

  • Tax Compliance and planning
  • Unrelated Business Income planning
  • Charitable and gift planning
  • Technology consulting (PCI Compliance and other regulatory compliance)
  • Litigation and forensic accounting
  • Nonprofit solutions

Our team members are recognized experts in the nonprofit field. Personnel involved in this area regularly receive specialized training, attend national seminars and speak locally and regionally. Extensive training and on-the-job experience, coupled with very low turnover in this practice area, have enabled Dean Dorton to provide creative, sound and effective assistance to our clients. We are committed to serving the needs of our nonprofit clients and are active members in various nonprofit associations including those listed below.

  • Center for Nonprofit Excellence
  • Kentucky Nonprofit Network
  • McGladrey Nonprofit Roundtable

Dean Dorton’s Nonprofit and Government Services

We offer a full range of accounting and consulting services for nonprofit and governmental organizations and related entities, all delivered with the highest standards of independence and integrity. Our nonprofit industry team is designed to pro-actively collaborate with you about your long-term financial and strategic goals, and includes the following specialized services:

  • Financial statement audits
  • Internal audit and risk advisory services
  • Agreed upon procedures
  • New accounting standards implementation including FASB and GASB standards
  • Compliance audits
  • Outsourced accounting and financial services
  • Fraud hotlines
  • Accounting and financial outsourcing
  • Income tax preparation and other tax compliance and consulting services
  • Charitable gift planning, analysis, and structuring assistance
  • Tax exempt bonds
  • Forensic accounting and fraud investigation
  • Sales and use tax planning
  • Technology security and risk assessments
  • Technology software selection and implementation
  • Technology network design, management, and support
  • Due diligence procedures
  • Federal reporting requirement procedures