Certified Public Accountants
Not-For-Profit  • Audit  • Tax   • Consulting

18 Schoenbeck Rd Ste 201
Wheeling IL 60090-4454 
Tel  847 465 1354
Fax 847 745 0269
Email: nfpexperts@dollingerco.com
Domain: www.dollingerco.com

Background

Dollinger & Co. is a progressive, dynamic firm, committed to the highest standards of excellence in service and technical proficiency. Our established practice focuses on serving not-for-profit organizations. While our clients vary from small charitable organizations to large international membership associations, all share a desire to work with a reputable accounting firm that is well-versed in the special needs of tax-exempt organizations.

We employ a team approach, working closely with the management, the Board and staff of a client organization. We employ seasoned, experienced professionals well-versed in not-for-profit matters. Our clients work with the same professionals from year to year, thus ensuring valuable continuity and stability.

Audit Services

Our audit practice is comprised exclusively of not-for-profit engagements. Our professionals are specifically trained to identify and interpret not-for-profit audit and reporting issues for each individual organization. Since we are a firm focused on serving the not-for-profit sector, we are able to perform high quality professional service in the most thorough and efficient manner. This expertise also enables us to make productive, informed decisions for our clients' accounting and financial operations based on our proven not-for-profit experience. We also specialize in OMB A-133 engagements for organizations that receive federal awards.

Dollinger & Co. employs a progressive and innovative approach to every audit. We use a computerized audit approach that saves the client much time and effort in the audit process. We use electronic document imaging to store all of our work papers and support schedules. This results in instantaneous retrieval of information for the client.  Dollinger & Co. also uses statistical sampling routines resulting in an efficient and thorough audit.

Of premier importance to client organizations, no matter how they are structured or managed, is our ability to provide frank, understandable communication of our audit findings and recommendations. Our resultant letter to management is intended to assist clients in managing their organizations.

Tax research and consultation services are provided with strong technical expertise, availability and responsiveness. We constantly monitor changes in both federal and state laws and in all rulings which may affect exempt organizations.

Following is a summary of our consulting services:

• Review of not-for-profit accounting software.

• Performance of internal control reviews to help establish an adequate system of internal control.

• Performance of cost reduction and revenue enhancement studies.

• Indirect cost reimbursement studies, representation and negotiation for federal awards under OMB A-133.

Summary of Services 

Not-for-profit organizations have specific, particular tax considerations, accounting standards, budgetary procedures, staff needs, and so on, that are unique to tax-exempt entities. Because Dollinger & Co. has worked with numerous not-for-profit organizations helping them solve these specific problems, we are uniquely poised to assist with each individual situation. Examples of engagements we have performed for not-for-profit organizations include:

• For-profit subsidiary strategies to minimize the impact of unrelated business income.

• Political action committee (PAC) compliance.

• Organizational operations restructuring to minimize unrelated business taxable income, including advertising income, sales, manufacturing and other revenue sources.

• Lobbying and political activity restrictions and reporting.

• State property tax exemptions and tax impact of facilities leasing.

• Sales and local tax issues regarding sale of materials.

• Private foundation status, taxation and reporting requirements.

• Computerized audit approach to compile statistical samples directly from computer system transaction files.

Throughout the year, we also present the Dollinger & Co. annual not-for-profit conference that highlights current accounting, tax and management issues for not-for-profit professionals. Our conference is attended by well over 100 participants each year.

Types Of Not-For-Profit Clients Served

Voluntary health and welfare organizations
Community organizations
Religious organizations
Charitable organizations
Educational organizations
Veterans' organizations
Civic leagues
Homeless support organizations
Agricultural organizations
Trade associations
Professional societies
Homeowners' and cooperative associations
Industry promotion boards
Membership organizations
Social clubs
Fraternal benefit societies
Fraternal life insurance organizations
Historical societies and museums