Nonprofit Accounting in Miami

Nonprofit accounting is a specialized form of accounting used by charitable and mission-driven organizations.  Unlike for-profit entities that generate revenue through products or services, nonprofits primarily rely on donations and grants to fund their causes. 

Donors and board members need to see how funds are used toward the intended programs and purposes.  At P&N, our nonprofit accounting ensures financial transparency and accountability.  

40+ years of celebrating the power of philanthropy by supporting our clients and their vital initiatives.

501(c)(3) organizations are often subject to financial audits to confirm compliance, demonstrate financial responsibility, and build donor trust. These audits ensure that funds are properly allocated and used for their intended purposes.

P&N provides comprehensive audit support for nonprofit organizations in Miami, helping them maintain financial transparency and meet all regulatory requirements.

Nonprofit accounting requires careful tracking of both restricted and unrestricted funds to ensure compliance and proper allocation. Unlike standard business accounting, nonprofit financial management focuses on fund accountability and reporting accuracy.

Detailed financial statements, clear reporting, and regulatory adherence are essential for long-term nonprofit success. Our nonprofit accounting firm in Miami offers the expertise and tools needed to support financial health while allowing organizations to focus on their impact.

We proudly serve a wide range of nonprofit organizations, from local grassroots groups to well-established foundations. Our clients benefit from tailored financial solutions, expert guidance, and a dedicated nonprofit tax team. Some of the organizations we work with include:

• Affordable housing entities
• Charitable organizations
• Educational institutions
• Healthcare organizations
• Membership organizations and trade associations
• Museums, arts and cultural institutions
• Private country and social clubs
• Public and private foundations
• Religious entities
• Social services agencies