Reference points, not shortcuts.
Working references for nonprofit leaders and boards. Requirements change; confirm current guidance for your organization's fiscal year before relying on any figure below.
Where the thresholds currently sit.
Based on current guidance from the Massachusetts Attorney General's Non-Profit Organizations / Public Charities Division. Earlier figures published elsewhere — including on this firm's previous website — have been superseded.
Source: Mass.gov — Audits and reviews for charitable organizations
Confirm before publicationDate-stamp this table and confirm the federal Uniform Guidance single audit expenditure threshold before publication.
What clients typically ask for first.
These are provided as part of an engagement or on request. They are not downloadable templates — each is adapted to the organization's actual structure.
Segregation-of-duties matrices
Matrices covering cash, petty cash, investments, purchasing, payroll, inventory, fixed assets and the general ledger — used to structure separation of duties and identify where it is lacking. Available on request.
Pre-audit request list
The documents an auditor will ask for, assembled in advance: reconciliations, supporting schedules, restricted-fund detail and internal-control documentation.
Filing package checklist
What accompanies a Massachusetts Form PC: the form itself, the federal Form 990 or 990-EZ, and the financial statements required at the organization's revenue level.
Grant reporting calendar
A single calendar of every funder reporting obligation with the responsible person named — because funder deadlines rarely align with the fiscal year.
Terminology worth updating
A-133 → Uniform Guidance. Circular A-133 has been superseded. Federal single audit requirements now sit in Uniform Guidance at 2 CFR Part 200. Documents and policies still referencing A-133 should be updated.
Yellow Book. Generally Accepted Government Auditing Standards, issued by the U.S. Government Accountability Office, applicable to many federally funded engagements.
Review vs. audit vs. readiness. A review and an audit are attest engagements performed by an independent CPA. Audit readiness is consulting work performed before that engagement — and is what this firm provides.
Not sure which of these applies to you?
The Compliance Compass on the home page produces a short list of topics worth raising — or write directly and describe the situation.