Watkins Uiberall has been providing reliable service to the nonprofit community in Memphis and the Mid-South for over 40 years. This is a result of our commitment as a firm to specialize through niches to increase quality and productivity in serving our clients. We consider the nonprofit industry to be one of those “niches” due to the wealth of knowledge and experience we have gained in serving that industry. Our clients include educational institutions, human service organizations, arts and recreation organizations, religious organizations and business and civic organizations.  Click here to see our most recent Nonprofit Compensation Survey.

We have made significant investments in the training of our staff in this area. The key members of our nonprofit team attend the annual National Nonprofit Industry Conference sponsored by the American Institute of Certified Public Accountants (AICPA) which enables us to stay current on the issues that nonprofits face. We also invest in the nonprofit communities we serve by periodically hosting seminars for board members and executives which focus on topics that affect nonprofit organizations.

Our dedicated team of nonprofit specialists provides the following services:

Attestation Services

  • Financial statement audits
  • Government “yellow book” audits
  • Single audits
  • Low-income housing “HUD” audits
  • Compiled or reviewed financial statements
  • Internal control reviews
  • Special purpose reports
  • Fraud audits

Tax Services

  • Preparation of IRS Forms 990, 990-T, and 990-PF
  • Assistance in filing for tax-exempt status
  • Unrelated business income tax (UBIT) issues
  • IRS audit assistance
  • Tax consultation