Not-for-Profit organizations generally have one characteristic in common:  their primary purpose is related to social objectives, not to profit.  This can often result in an oversight of the expectancies of the IRS.  Many accounting firms are surprised by the complexity of accounting in nonprofit organizations.  On the other hand, DDK recognizes the challenges and successfully meets them by staffing knowledgeable bookkeepers and accountants.

Our staff assists organizations in determining the difference between a grant and a contract to provide services, track and report grant expenses, distinguish between shared and administrative costs, account for temporarily restricted revenue and net assets, and much more.

Some examples of not-for-profits that we have serviced include private and community foundations, religious organizations and schools.