Nonprofits

Nonprofit Accounting

CST Expertise

The CST Group serves nonprofit clients through a full range of service offerings that help organizations implement best practices in tax and financial management strategy. Through our understanding of the unique challenges and financial needs of nonprofit organizations, we develop innovative and reliable solutions that meet compliance standards while improving organizational effectiveness. We have provided accounting services to both established and new associations, community foundations, charities, societies, and religious organizations.

Read client testimonials for nonprofits.

Our specialized nonprofit accounting services include:

  • Application for exempt status and registration filings
  • Financial reporting requirements
  • Accounting processes and systems implementations
  • Compliance and financial audits under OMB Circular A-133
  • 403(b) plan full and limited scope audits
  • Federal, state, and local tax compliance
  • Unrelated business income tax compliance and consulting
  • Informational returns 990, 990-T and 5500
  • Investment and reserve policies
  • Grant funding and reporting
  • Investment and reserve fund policies
  • Budgeting and forecasting
  • Cost allocations
“CST Group is very responsive, answers questions quickly, and is absolutely professional. I think that the combination of their target market and our size makes for a perfect fit,” said the National Catholic Educational Association’s (NCEA) Director of Finance, Philip Reilly. “CST Group is first-rate and I would recommend them to anyone.”
“We have a very close, established relationship with CST Group,” says The National Italian American Foundation (NIAF) CFO Alice Bernardi. “They have a strong understanding of our nonprofit organization, our structure, and our mission.” As the leader for NIAF’s tax and audit activities, Bernardi depends on a firm that knows the organization’s needs and objectives. “CST Group has a wonderfully dedicated and responsive team, and the work is always reliable,” she adds. “I truly enjoy working with them.”
“They are always very thorough,” says Degnon Associates Chairman George Degnon. “I am reassured of this because they always come back to us with good questions. They have a strong knowledge of the challenges and concerns of our association clients. I have a high regard for their work and they also have a style that is just easy to work with,” he says. “They are great at sharing information and coaching our clients through their processes, so I’m always learning something when I work with them.”
“They have lots of experience in the association world,” says The Association of Chiropractic Colleges (ACC) Executive Director David O’Bryon. “They keep up with the ongoing changes in regulations and reporting requirements and have provided us with intelligent advice and guidance to address these changes.” O’Bryon adds that “they are always available and deliver consistent, personal attention to our needs. And the value for the services they offer keeps us coming back to them.”