Not-for-Profit Organizations

Financial, Advisory, and Technology Services for Not-for-Profits

"Do good, and good will follow."

That's the guiding principle behind Whittlesey & Hadley’s in-depth involvement in Connecticut’s not-for-profit community – an involvement that spans more than two decades and encompasses a variety of service to and for the not-for-profit community. We bring structure to the spiraling demands placed upon the not-for-profit, so that you can do what you do best – take care of clients.

Whittlesey & Hadley brings our not-for-profit clients a team of accounting, technology, consulting, and recruitment experts. We are an accounting firm – and a whole lot more – to more than 300 not-for-profit clients.

Our clients include health service providers, performing arts organizations, museums, social service organizations, educational and residential programs, professional associations, membership organizations, retirement communities, labor unions, social advocacy groups, and charitable foundations. Though some firms consider not-for-profit work as "fill" time delegated to junior staff members, we consider serving the not-for-profit a vital part of our Firm's past, present and future.

What do we mean when we say we provide services for the not-for-profit community?

We live our own words: Do good, and good will follow. We encourage our partners and our staff to become actively involved in the not-for-profit of their choice. We donate time, money, or a combination of both to many agencies. Our partners and managers serve in leadership positions in numerous small and large not-for-profit organizations. Through the generosity of our employees, Whittlesey & Hadley is proud to annually support the United Way and the Greater Hartford Arts Council.

Perhaps the most telling sign of our commitment to the not-for-profit community is the Whittlesey & Hadley Fund, a charitable fund managed through the Hartford Foundation for Public Giving.

Taking care of a not-for-profit organization is a challenging business. But it is one that we know well, through experience, ongoing continuing education, and a personal and firm commitment to serve the not-for-profit community.

Our words are not empty: Do good, and good will follow. That’s how we live, and that’s how we serve our not-for-profit clients.

Services we provide to not-for-profit organizations:

Accounting and Auditing

  • Financial Statement Audits
  • Yellow Book and Single Audits
  • Financial statement review and compilations
  • Agreed-upon procedures
  • Employee Benefit Plan Audits and preparation of IRS Form 550
  • Budget preparation and analysis
  • Cash flow projections

Tax Services

  • Tax compliance and reporting requirements
  • Tax planning regarding unrelated business income issues
  • Representation before tax authorities
  • Tax exemptions for nonprofit organizations

Advisory Services

  • Management advisory services
  • Board development and training
  • Organizational and strategic planning
  • Operational efficiency studies and grant studies (to maximize grant and rate reimbursements)
  • Contract review
  • Cost containment
  • Benchmarking
  • Grant procurement

Technology Services

  • Best Software’s MIP Fund Accounting and Paradigm Fundraising Solution
  • Information systems review
  • Network security reviews, including HIPAA compliance
  • Wide and Local Area Network support
  • Website development, Internet and email solutions