Not-For-Profit Organizations - Key Services

The not-for-profit industry is experiencing tremendous change. New technology, new consumer values, and pressure to maintain revenue streams are challenges faced by the majority of organizations. Olsen Thielen’s services are designed to address your unique challenges.

Audits and Financials

Among a handful of CPA firms in the Twin Cities that still perform audits for closely-held and publicly held companies, our audit specialists at Olsen Thielen hold additional certifications and must participate in ongoing training to meet government standards.

We perform compliance audits (A-133) for organizations applying for federal and state assistance. We also perform financial statement reporting ranging from Compilation and Review to full Audit services.

• Audits, reviews and compilations of financial statements

Tax and Analysis

You can rely on Olsen Thielen as a trusted advisor beyond the tax season. We prepare tax returns and quarterly financials, but also assist with financial forecasts, projections, and budgets. Our niche experts often attend client strategic planning sessions to address the financial implications of decisions that could affect revenue or tax exempt status. We assist in the process of applying for tax exempt status and ensure that our clients remain in compliance.

• Tax return preparation

Consulting and Training

Growing with our clients, Olsen Thielen has continued to bring value-added consulting to our service mix. Not-for-profit organizations rely on us for such services as benefit plan analysis, design and implementation, human resources consulting, board training, disaster recovery planning, and information systems analysis, installation and training.

By improving the efficiency of your organization, Olsen Thielen helps you serve members and the community better.

• Benefit plan analysis, design and implementation
• Human resources consulting
• Information system analysis, installation and training