Padgett Stratemann & Co.
Service... More Than Expected
Tax-Exempt Organizations
Tax-exempt organizations are a vital part of any community. Therefore, it is important they match their operating framework with their mission. More and more, tax-exempt organizations are facing requirements for transparency from the IRS, public, Congress and donors. The increased transparency will provide the public with a realistic picture of the organization and its operations.
Today's tax-exempt organizations have to meet extensive filing requirements that are more complex than ever before. There's a need to determine and align compliance and accounting practices with new governance, policy/procedure and disclosure questions. These new questions will allow the public to follow the organization's money and will highlight policies that responsible persons should have in place to exercise their fiduciary duty.
Our clients have found our experienced staff has the ability to recognize and deliver tailored services for every entity; from a small educational institution to a larger college institution to a variety of foundations.
Our services include:
- Setting up tax-exempt organizations
- For-profit subsidiary consulting
- Unrelated business income tax consulting
- Sales tax compliance
- Functional expense allocation studies for public charities
- Tax review services
- Financial and OMB A-133 Circular Federal audit services
- Human resource services
- Strategic planning
- Training seminars for the tax exempt community
We work with a varied range of public sector organizations:
- Public charities
- Private operating and non-operating foundations
- Faith-based organizations
- Charter/Public schools
- Private schools
- Universities and colleges
- Social service organizations
- Arts organizations
- Trade organizations