Empowering Nonprofits
Accounting Expertise
With Care
You're passionate about your mission, and so are we. Our dedicated Nonprofit Team thrives on supporting great causes with CPA-fueled accounting tailored to your needs. Get help with Form 990 filings, financial statement and single audits, new accounting standards implementation, or internal control reviews. Leverage our deep expertise in federal and state regulations and industry trends so you can keep your focus where it belongs—on your mission.
Audit & Assurance
As a nonprofit leader, you need accountability and transparency. Balancing funding restrictions and impact is challenging, and ensuring your finances and financial statements are in order is vital. Our audit services go beyond simply confirming accuracy to give you greater clarity of your finances. Improve your reporting, compliance, and communications with external stakeholders by providing your board and governance leaders with clearer insights.
Accounting Advisory
With limited resources, you need to get the most out of your people. Redpath’s nonprofit experts augment your accounting functions to give you greater clarity without additional FTEs. Help those with fiduciary responsibilities fully understand the most important and challenging issues you face. Armed with confidence in your numbers, make better-informed decisions to strengthen your organization and your mission impact.
FASB Implementation
Functional Expense Allocations
Forensic Accounting Services
Debt Covenant Compliance
Tax Planning & Preparation
Protect your tax-exempt status. Stay in compliance with the complex tax laws and regulations and reduce the risk of penalties by working with an advisor who is an expert on nonprofits. Get assistance with tax-exemption applications, annual information returns, guidance on unrelated business income tax, and support with state tax filings, payroll taxes, sales tax exemptions, and representation during IRS audits. Your advisor can provide valuable advice on financial management and strategic planning, helping you achieve your mission more effectively.
Form 990
State Registrations
Unrelated Business Income
Tax Exempt Status
Entity Structuring
Sales & Use Tax
Payroll
Creating a Gift Acceptance Policy and Process for Nonprofits
Build a Financially Sound Nonprofit Via the Board of Directors
Nonprofit Accounting and the Financial Ratios To Watch - Redpath
Cathy Lydon is a director and leads the nonprofit industry team at Redpath and Company. She has been in public accounting since 2004 and specializes in working with nonprofit organizations. Cathy has extensive experience performing financial audits and Federal single audits in accordance with Uniform Guidance. Her audit experience also includes governmental entities, charter schools, HUD housing entities, healthcare, and DEED Extended Employment Program Compliance audits. Cathy has been a member of the Redpath team since 2008.
Cathy is a holder of The Advanced Single Audit Certificate issued by the AICPA. The Advanced Single Audit Certificate requires the ability to evaluate and analyze the core concepts related to client acceptance, engagement planning, engagement analysis, concluding an engagement, and guiding principles for single audits at an advanced level as outlined in the AICPA Competency Framework: Governmental Auditing.
Relevant continuing professional education includes the annual AICPA Not-for-Profit Industry Conference and the annual MNCPA Not-for-Profit Conference.
Contact Cathy:
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