As a result of the constantly changing flow of contributions and grants, most not-for-profit organizations find revenue and revenue sources somewhat uncertain to project. Further, new and impending legislation can have a tremendous impact on the financial health and viability of not-for-profit organizations.

Keiter Stephens offers one of the most sophisticated not-for-profit service teams available. Our team members have extensive practical and analytical experience at all levels of personnel. We have 20 team members on our not-for-profit team which is continuing to grow.

Many public and private foundations, the United Way and their supported agencies, historical preservation agencies, botanical gardens, private schools, trade and alumni associations, and voluntary health and welfare organizations look to us for insights into their special issues.

We expertly address matters of concern to not-for-profits such as: single audit requirements, endowment fund accounting, split-interest agreements, joint cost allocations, tax-exempt status, exchange transactions, unrelated business income, and assets held by a not-for-profit for others. Even the 990 tax returns we prepare reflect our deep understanding of not-for-profit organizations.

Also of interest to organizations' board members and management personnel are our internal controls reviews and procedures as well as other fraud prevention measures.

Educating Clients and Community

Under close scrutiny from both Congress and the IRS, not-for-profits need to know the issues they face and what actions to take. Monitoring changes in legislation as they occur, we advise you personally on the issues that are of concern for your organization.

Our team is committed to on-going training and development—not only for ourselves, but for you as well. As active members of the Non-Profit Resource Center, an organization dedicated to staying abreast of issues not-for-profit organizations face, we make sure you are aware of relevant issues as they arise by communications to you through e-mail, seminars, and newsletters.

Held twice a year, our highly-regarded seminars are attended by both clients and non-clients who trust our expertise and research on pertinent issues as they obtain industry updates or information on new and pending legislation.

Our Community. At Keiter Stephens, we share liberally of our time and resources to help build a stronger community. We are actively involved in numerous civic organizations around central Virginia. Our principals and team members serve as volunteers and in leadership roles for many worthy organizations. Success begins with vision. “We expect people in the firm to take active roles in organizations, not just as members, but as leaders,” says Lewis Hall, Keiter Stephens' managing principal. Accountable. Strategic. Involved. Call us today.