Private Schools

Private_High_School_Students2_for_web Recognizing the complexities surrounding the not-for-profit industry are unique, RubinBrown has established a dedicated group to serve these organizations.

Our team includes experienced professionals, all of whom possess industry expertise, as well as the tools essential to serve all types of not-for-profit organizations. As one of the largest public accounting firms in the region, our team has access to resources to assist with tax consulting, employee benefits, advisory services, regulatory, compliance and much more.

RubinBrown is recognized as a leader in the not-for-profit industry and currently serves more than 150 organizations.

Focused On Private Schools

To better serve our not-for-profit clients and help focus on the specific and complex issues faced by different facets of the not-for-profit industry, we have aligned our professionals in segments, including our "Private Schools Group."

Our team understands that private schools face unique challenges resulting from:

• Enrollment
• Investment returns
• Donor support
• Fundraising
• Tuition
• Faculty compensation

We are well versed in issues related to private schools and able to provide expert guidance on all operational and accounting issues.

Assurance and Accounting Services

• Audits, reviews and compilations of financial statements
• Preparation of comprehensive management letters
• Agreed-upon procedures covering policies and procedures
• Business performance analysis, including a summary of strengths and opportunities, financial analysis
• Audits of pension and 403(b) plans

Tax Compliance Services

• Preparation of Forms 990 and 990-T, if required
• Assistance with Internal Revenue Service examinations
• Reviews of head of school and other employee salary and benefits
• Payroll-related filings
• Annual donor giving statements
• Preparation of Form 5500 for pensions and 403(b) plans

Consulting Services

• Unrelated business income tax research
• Internal control and operational reviews
• Evaluation of management, board and committee responsibilities that results in recommendations for
strengthening financial oversight
• Major fundraiser controls reviews
• Assistance implementing recommendations to improve controls and procedures
• Accounting manuals
• Best practices implementation
• Information technology control reviews
• Computer consulting including software/hardware selection, installation reviews and training
• Planning and compliance issues for Section 403(b) and other retirement plans
• Forensic accounting
• Financial analysis and review