Crosby & Kaneda CPA: Strengthening the foundations of our community by supporting nonprofits. Crosby & Kaneda CPA: Strengthening the foundations of our community by supporting nonprofits.
Certified Public Accountants

SERVICES

Making Funders Happy

Just because "your latest audited financial statements" is an item on the list of requests from a government or foundation doesn't mean you absolutely have to have them. Especially if your agency has less than $300,000 in revenue, audited financial statements can cost more than one percent of your total income! Some funders will agree to accept a 990 prepared and signed by a CPA, or a compilation, or a review.

If a potential funder insists -- especially if they indicate that you have a good chance at times that will more than cover the cost of the audit -- go for it. Click here to request a bid.