Maximizing Your Mission | Why Non-Profits Gain More from Integrated Accounting Services

Published on August 7, 2025 by Lynn Meiser, Christa Woelfel, in Video, Not-for-Profit

Can’t watch the video? Get the transcript.

Barnes Dennig Senior Manager Lynn Meiser and Manager Christa Woelfel—top professionals in non-profit tax and audit—team up in this short video to share how the firm’s tax and assurance teams collaborate to serve non-profit clients better.  They cover how our teams make the process seamless for our clients – from a combined planning meeting, reviewing key activities throughout the year, answering questions, and overcoming any challenges that arise.

Hitting the highlights

Here are a few key points from the video:

• The auditing and tax teams at Barnes Dennig work closely together to provide a seamless process for clients, including meeting with clients at the start to align on timelines and key activities.
• There are key differences between GAAP financial reporting and 990 tax reporting, including how investment income and expenses are reported, how fundraising event revenue and expenses are classified, and how in-kind contributions are treated.
• For 990 reporting, investment income and expenses must be broken out separately, fundraising events are reported on a gross basis, and in-kind services are not included as revenue or expense.
• Miscellaneous income is scrutinized more closely on 990 reporting, while it’s often lumped together on GAAP financial statements.

Related content for non-profit organizations

You may also be interested in our non-profit compensation and benefits study, which includes data from non-profits of all sizes across Ohio, Indiana, and Kentucky. You can also watch on-demand as Barnes Dennig non-profit leaders share how organizations can safeguard their finances against uncertainty – including a panel discussion with area non-profit CFOs.

Explore insights into how cash flow management and financial forecasting can enhance a non-profit’s financial stability, or take a deep dive into Form 990 and what it can do for a non-profit – it’s so much more than a tax return. There’s a lot more to discover – with one of the largest non-profit accounting practices in the region, Barnes Dennis is deeply committed to these organizations and the great work they do. Contact us today for a free consultation– as always, we’re here to help.