Nonprofit
Audit, tax, and advisory for nonprofits and tax-exempt organizations — so you can put more of every dollar toward your mission.
Overview
Nonprofits answer to boards, funders, grantors, and the communities they serve — and every one of them expects the numbers to hold up. Pease Bell, CPAs works with tax-exempt organizations across the country from our Cleveland, Ohio headquarters, pairing full-service capability with a boutique touch. We handle Single Audits under Uniform Guidance, financial statement audits, Form 990 and state charitable filings, functional expense allocation, and fund accounting so your team can stay focused on the mission. As a Top 200 U.S. CPA firm serving clients in all 50 states, we bring deep federal-award and grant-compliance experience to organizations of every size.
How we help nonprofits
A full-service audit, tax, and accounting team focused on the compliance realities of tax-exempt organizations.
Single Audits (Uniform Guidance)
Single Audits performed under 2 CFR 200, with a Schedule of Expenditures of Federal Awards, major-program testing, and clear findings you can walk your board and funders through.
Financial Statement Audits
Independent audits, reviews, and compilations that give funders and lenders confidence — including net-asset classification, endowment reporting, and functional expense presentation under nonprofit standards.
Form 990 & Charitable Filings
Preparation of Form 990, 990-EZ, 990-T, and related state charitable registrations — filed accurately and on time so your public disclosures reinforce donor and grantor trust.
Grant & Federal-Award Compliance
Support for organizations funded by SAMHSA, HRSA, and other federal programs — helping you meet Uniform Guidance requirements for eligibility, allowable costs, cash management, and reporting.
UBIT & Tax-Exempt Compliance
Guidance on unrelated business income tax, exemption maintenance, and evolving charitable-giving rules so your organization protects its status and avoids surprises at filing time.
Outsourced Accounting & CFO Support
Fund accounting, monthly close, grant tracking, and fractional controller or CFO support that strengthens internal controls without the cost of a full in-house finance team.
Contact Us
Tell us about your organization and a member of our nonprofit team will be in touch.
The pressures we help you manage
Nonprofit finance leaders juggle shifting federal rules, tight reporting deadlines, and boards that expect clean results. We help you stay ahead of the issues that most often create audit findings and funder friction.
- ✓Single Audit threshold change — The federal single audit trigger rose to $1 million; we help you confirm whether you still qualify and plan accordingly.
- ✓Uniform Guidance compliance — Meeting 2 CFR 200 rules on allowable costs, procurement, cash management, and subrecipient monitoring across federal awards.
- ✓Functional expense allocation — Presenting program, management, and fundraising costs in a way that satisfies GAAP and stands up to funder scrutiny.
- ✓Endowment & net-asset reporting — Classifying donor restrictions and reporting net assets correctly as balances and restrictions change year to year.
- ✓Board governance & internal controls — Strengthening controls and documentation so leadership and auditors can rely on your financial reporting.
Why nonprofits choose Pease Bell
Federal-award depth
We regularly audit SAMHSA-, HRSA-, and other federally funded organizations, so we know how Uniform Guidance and the OMB Compliance Supplement play out in the field — not just on paper.
Full service, boutique touch
As a Top 200 U.S. CPA firm, we bring the technical bench of a large firm with the direct partner access of a boutique — the same team through audit, Form 990, and advisory.
Clarity your board can use
We translate findings and financials into language boards and funders understand, so audits build trust and inform decisions rather than sitting on a shelf.
Nonprofit insights from our team
Practical guidance on Single Audits, Uniform Guidance, and grant compliance from the professionals who do the work.
- Single Audit
Single Audit Threshold Rises to $1 Million: Do You Still Qualify?Explains the new $1M federal award threshold and how to confirm whether a Single Audit is still required.
- Uniform Guidance
OMB’s 2026 Single Audit and Uniform Guidance OverhaulBreaks down the 2 CFR 200 changes shaping the next round of Single Audits.
- Federal grants
Top Single Audit Findings for SAMHSA-Funded OrganizationsCommon compliance findings and how SAMHSA grantees can avoid them.
- Charitable giving
The New Rules for Deducting Charitable ContributionsWhat changing deduction rules mean for donors and the nonprofits they support.
- Compliance supplement
2025 OMB Compliance Supplement and Your Single AuditHow the current Compliance Supplement affects major-program testing.
Nonprofit accounting & audit FAQs
When does a nonprofit need a Single Audit?
A nonprofit generally needs a Single Audit when it expends $1 million or more in federal awards in a fiscal year. The threshold rose from $750,000 under recent Uniform Guidance updates, so some organizations that previously required a Single Audit may no longer qualify. The test is based on federal funds expended — not received or budgeted — across all programs, including pass-through awards from state and local agencies.
What is a Uniform Guidance audit?
A Uniform Guidance audit, or Single Audit, is a compliance and financial audit required under 2 CFR 200 for organizations that spend federal award money above the threshold. It covers your financial statements plus testing of major federal programs for compliance with rules on allowable costs, eligibility, cash management, procurement, and reporting. The result includes a Schedule of Expenditures of Federal Awards and a report on any findings.
Do you prepare Form 990?
Yes. We prepare Form 990, 990-EZ, and 990-T, along with the state charitable registrations and renewals many organizations must file. Because Form 990 is a public document that donors, grantors, and watchdog groups review, we treat it as part of your transparency strategy — presenting program, governance, and financial information accurately and consistently with your audited statements.
How does functional expense allocation work?
Functional expense allocation splits your costs across program services, management and general, and fundraising so financial statements show how resources support the mission. Under nonprofit GAAP, organizations must present expenses by both function and natural category, typically in a statement of functional expenses. We help you build reasonable, well-documented allocation methods that hold up under audit and satisfy funder expectations.
Do nonprofits pay any taxes?
Tax-exempt organizations can still owe tax on unrelated business income (UBIT) — revenue from activities not substantially related to their exempt purpose, such as certain advertising, rentals, or commercial services. This income is reported on Form 990-T. We help you identify potential UBIT, apply available exceptions, and structure activities so unrelated income does not put your exempt status or budget at risk.
Can you support SAMHSA- and HRSA-funded organizations?
Yes. We audit and advise organizations funded by SAMHSA, HRSA, and other federal agencies, and we know the recurring Single Audit findings these grantees face around eligibility, allowable costs, cash management, and reporting. We help you meet Uniform Guidance requirements throughout the grant lifecycle and prepare documentation that stands up to federal and pass-through monitoring.