BMSS is recognized as having one of the premier non-profit practices and serving non-profits throughout the community and the state.
With decades of experiences serving the non-profit community, we understand the financial and organizational issues your organization faces. Over the years, BMSS has provided practical and innovative solutions to help churches, schools, educational entities, foundations, associations, and other organizations reach their goals and fulfill their missions.
How Does BMSS Serve Non-Profits?
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Bookkeeping services
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Developing practical solutions to internal control issues
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Financial statement audits (including A-122 and A-133)
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Financial statement reviews and compilations
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Proactively identify ways to improve operations
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Tax return preparation
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Special projects such as applications to obtain tax exempt status
BMSS is qualified to perform non-profit audits and our employees continue to receive necessary continuing education to stay abreast of changes in this area. We are extremely familiar with unconditional promises to give, restricted and designated funds, endowed funds, and internal controls.
Our tax specialists are well versed in the intricacies of non-profit taxation. With the new Form 990 and the compliance issues it raises, your BMSS team of tax professionals are ready to guide you through these massive changes and help keep you in compliance. Being proactive, the tax team is here for consultation all during the year - not just in tax season.
BMSS stays on top of changes affecting your industry. Our professionals actively participate in trade associations and continuing education opportunities:
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AICPA Center for Audit Quality
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Alabama Association of Nonprofits
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BDO Seidman Alliance Non-Profit Industry Group
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BDO Seidman Institute for Non-Profit Excellence
We regularly provide educational opportunities through industry related seminars and newsletters and keep you updated on new laws and regulations that affect you:
Risk of Non-Profit Organizations Losing Tax-Exempt Status
Benefits of Audit Committees
Improving Non-Profit Operations and Fraud Prevention
IRS Report on Non-profit Colleges and Universities Compliance Project
BMSS Non-Profit Practice Group
John Shank
Jack Knight
Derrel Curry
Patrick Bowman
Janet Cooke
Cynthia Hudson
Bill Lorimer
Jaime Norris
Matt Andrews
Holly DuBois