Michigan Nonprofit audit services for the good of the community
We’ll help you with the finances of your nonprofit—so you can focus on the work that matters most to you.
help your nonprofit flourish—without stress and disorganization
Nonprofits and local governments do important work in every community—but they’re often run by unpaid volunteers or experience high turnover through government elections. When you’re bogged down by financial paperwork, it can be difficult to focus on impact. Our skilled nonprofit accountants and auditors can help you manage your finances more effectively, from taxes to everyday budgeting.
Our Nonprofit Audit Services
We can serve your nonprofit organization in a number of different capacities, including:
Our Nonprofit Services
We can serve your nonprofit organization in a number of different capacities, including:
- Registering your organization as a 501(c)3
- Form 990s
- Assessing internal controls
- Commercial business reviews
- Auditing
- Accounting
Who We Serve
501(c) Organizations
Local governments (townships, villages, cities, counties)
Libraries
Fire districts
Cemeteries
Homeowners associations
Condominium associations
Case studies
Meet Jessica
When Jessica was asked to be the treasurer of her son’s baseball team, she quickly realized that the filings were not accurate or up to date. She reached out to H&S to see if we could help. We met with Jessica and helped her set up online bookkeeping where she could easily track the revenues and expenses of the organization. We also went over all the deadlines and helped her get up to date. She will now be able to hand off the treasurer position when her son ages out of the program and can confidently train someone else to assume the responsibilities.
Meet Tom
After attending several township meetings, Tom’s local clerk approached him about running for office. Upon starting, the clerk had to take a medical leave. With no training in government accounting Tom wasn’t sure where to begin. He knew that an audit was required at the end of the year but had no idea what that entailed. Our team scheduled additional time so that we could give recommendations for efficiency and quality of records going forward. Tom now confidently prepares for the annual audits and has even helped his neighboring elected officials when they have questions.
FAQs
What nonprofit audit services does H&S Companies provide?
H&S Companies provides independent audit services for nonprofit organizations, including financial statement audits, Single Audits, internal control evaluations, and guidance throughout the audit process. Our experienced team helps organizations meet compliance requirements while providing valuable insights that strengthen financial reporting and governance.
Why does a nonprofit need an audit?
An audit provides an independent evaluation of your organization’s financial statements, helping demonstrate accountability and transparency to donors, grantmakers, lenders, board members, and regulatory agencies. Many nonprofits also require audits to satisfy grant agreements, lender requirements, or organizational bylaws.
What is a nonprofit financial statement audit?
A nonprofit financial statement audit is an independent examination of your organization’s financial statements and supporting records. The goal is to provide reasonable assurance that the financial statements are presented fairly in accordance with applicable accounting standards.
What is a Single Audit?
A Single Audit is a specialized audit required for organizations that expend a certain threshold of federal financial assistance during a fiscal year. It evaluates both the organization’s financial statements and its compliance with federal program requirements. We help eligible nonprofits navigate these additional requirements with confidence.
How should our nonprofit prepare for an audit?
Preparation begins with maintaining accurate financial records, reconciling accounts, organizing supporting documentation, and ensuring internal controls are functioning effectively. Our team works closely with clients throughout the process to help make the audit as efficient and organized as possible.
How long does a nonprofit audit take?
The timeline depends on the size and complexity of your organization, the quality of financial records, and reporting requirements. Planning ahead and maintaining organized documentation can help streamline the process. We’ll establish a clear timeline and communicate throughout the engagement.
Can an audit improve our organization's internal controls?
Yes. While the primary purpose of an audit is to express an opinion on your financial statements, the process often identifies opportunities to strengthen internal controls, improve financial processes, and reduce operational risk. We provide practical recommendations that support stronger financial management.
How do your audit services work with accounting and tax services?
Our assurance professionals collaborate with H&S’s nonprofit accounting and tax specialists to provide coordinated financial guidance while maintaining the independence required for audit engagements. This integrated approach helps improve communication, strengthen financial reporting, and support your organization’s broader financial goals.
Have a question about your nonprofit?
Contact us today to learn more about our Michigan nonprofit CPA services.