Not-for-profit

As specialists in not-for-profit auditing, compliance, and tax planning, we comprehend that business extends beyond monetary gains. It revolves around making a meaningful difference in society and improving communities.

Our not-for-profit expertise

In a world where not-for-profit organizations are under increasing pressure to achieve more with less, we recognize the dedication and scrutiny that come with this vital sector. As you navigate the challenges of reduced government funding and declining voluntary contributions, we are here to partner with you in overcoming these hurdles and driving impactful change.

With extensive experience serving a diverse range of not-for-profit clients—ranging from charities to educational institutions and trade unions—we truly grasp the unique challenges within this sector. Our dedicated specialists in not-for-profit sectors excel in tax, assurance, and advisory services. Our passionate team is committed to empowering you to fulfill your mission and realize your goals.

We provide innovative solutions designed to enhance your skills and unlock new avenues of funding. Let's work together to make a difference!

Why choose our not-for-profit CPAs for your financial needs?

We are committed to the continuous improvement of your organization, ensuring its seamless functioning. This involves our relentless pursuit of knowledge and the enhancement of the services we offer. Our aim is to always surpass expectations and go the extra mile, mirroring your own dedication.

When you choose to partner with us, you gain access to a team of not-for-profit CPAs who specialize in understanding the specific challenges you face. Our primary goal is to help you pursue your mission more effectively. We offer a range of services, including preventing waste and fraud, ensuring timely reporting, and tracking relevant financial data to support your compelling storytelling efforts. Count on us to support you as you serve others.

The experts on our team are dedicated to fostering effective collaborations with clients from various backgrounds throughout the country. By delivering high-quality services, we help our clients develop their sectors and thrive in their industries.

Count on our not-for-profit specialists to leverage their sector-specific knowledge and provide you with tailored advice and solutions that will enable your organization to successfully achieve its objectives.

Not-for-profit challenges

What are the key challenges confronting not-for-profits today, and how can they effectively overcome them with their limited resources? Let's explore the eight most pressing strategic issues that not-for-profit organizations must navigate in this ever-evolving landscape:

Not-for-profit funding limit

Many not-for-profits rely on government assistance through grants or matching funds to bridge financial gaps. However, shrinking budgets at all levels mean many receive less funding than needed, leaving some without any support.

Appropriate financial reporting for stakeholders

Not-for-profit financial reporting must be transparent, accurate, and timely to build trust with stakeholders, including donors, funders, and the public. Challenges include navigating complex regulations, managing diverse funding sources, and presenting information in a clear, understandable manner.

Mastering Tax Governance and Unlocking Opportunities

Navigating the intricate landscape of diverse, multi-disciplinary business models, not-for-profit face unique complexities in applying tax laws. Our expert not-for-profit tax specialists are ready to guide you through income tax exemption evaluations, GST, and other tax matters.

Navigating payroll risks

It’s a well-established fact that non-profit organizations—be they global, international, or local—are exempt from profit taxes. However, they still face salary and wage taxes for both local and foreign employees hired to work within the country. This highlights the importance for organizations to be acutely aware of their tax responsibilities and to be well-versed in the guidelines set forth by the Yemeni Tax Authority, in line with the prevailing local and international laws in Yemen. At Crowe AHFAD, we serve as your trusted legal, financial, and tax partner. Our mission is to help you identify potential challenges and reduce the risk of costly government penalties.

Rising demands: proving impact and strategic solutions

Historically, not-for-profits focused on showcasing the utilization of their programs by the communities they serve. Today, however, the landscape has shifted dramatically. With resources dwindling, your not-for-profit must go beyond mere participation metrics. It’s essential to clearly demonstrate that your social impact goals are being met—a task that can be significantly more complex.

Elevating talent: upskilling and rewards

Navigating the fierce competition for human capital amidst limited funding and a bustling philanthropic landscape poses one of the sector’s most significant challenges. Not-for-profits are committed to showcasing their mission-driven values to attract top talent, leveraging essential fringe benefits and salary packaging options to secure and retain skilled professionals.

Non-profits require local oversight for effective, transparent operations

Non-profit organizations play a vital role in providing assistance across various sectors, yet they often face unwarranted skepticism from the state. While their mission is rooted in humanitarian efforts, these organizations necessitate thorough oversight from local authorities and communities to ensure their operations are effective and transparent.

Harnessing technology as a catalyst

An increasing number of Not for Profits are leveraging technology to streamline operations and forge stronger connections with clients and stakeholders. By offering personalized experiences to members, donors, volunteers, and corporate sponsors through innovative cloud technology, robust digital infrastructures, and seamless payment solutions, these systems foster loyalty, enhance engagement, and ignite advocacy. Yet, organizations that lag in adapting may find themselves swiftly outpaced. The pandemic has vividly illustrated this reality, propelling change at an unprecedented pace. Let’s embrace the future together!

Governance for Impact

The ongoing evaluation of governance responsibilities and risk management strategies remains a priority for regulators and stakeholders alike. As expectations rise, so does the need for robust monitoring and transparent reporting of clinical, employment, and service-related risks, including related party transactions, conflicts of interest, and data security breaches. Boards are actively reassessing their mix of skills and experiences, particularly valuing lived experience to ensure a rich diversity of thought and strong accountability at the decision-making table. Our risk and audit teams excel in guiding not-for-profit organizations through the complex landscape of governance.