Vicenti, Lloyd & Stutzman has been serving not-for-profit organizations and governmental entities since our founding in 1953. Our clients include K-12 public school districts, community colleges, private schools, colleges and universities, retirement communities, membership organizations, foundations, churches, philanthropic groups, and water districts.

Services for Not-for-Profit Organizations and Governmental Entities

Accounting, Auditing & Tax Services Business Systems Consulting Business Valuations, Economic Loss, & Litigation Support Fraud Prevention & Detection Human Resources Consulting Revenue & Efficiency Enhancement School Business Services

Not-for-profit and governmental organizations face stringent reporting requirements. Without proper accounting, auditing and tax preparation, these organizations can jeopardize their favorable tax status or limit funding opportunities. Vicenti, Lloyd & Stutzman helps organizations comply with governmental reporting requirements and minimize tax exposure.

Audit & Accounting
We have conducted thousands of audits for school districts, colleges and universities, not-for-profit organizations and governmental entities throughout California. Weâve learned that the key to a successful audit is communication. Pre-audit discussions and regular contact with our client help ensure the audit will run smoothly. From this dialog comes a plan that outlines the timing of interim and final field work, an understanding of what records are needed, and the delivery date for the final audit report and presentation. Through this process, we determine the areas to emphasize during the audit, and the areas the client would like us to address. Our job is to be an objective independent voice concerning the organization, and we take that responsibility seriously.

Tax
We keep abreast of the latest tax and reporting issues affecting not-for-profit and governmental organizations. Our extensive tax knowledge in these areas ensures that tax returns are thorough and correct and that all items such as unrelated business income and payroll, sales and use tax are properly reported. We also help not-for-profit organizations comply with retirement plan requirements. We have extensive knowledge of charitable remainder trust and can assist with planning and compliance issues.

Top

Vicenti Lloyd & Stutzman LLP has established a preferred provider relationship with ACI Consulting Corporation of Anaheim Hills CA. ACI specializes in the implementations of Sage Software's MAS 90, MAS 200, MAS 500 and SalesLogix products.

ACI and Vicenti Lloyd & Stutzman have worked together on a variety of projects relating to the development, project management and implementation of accounting systems in the past. As a preferred provider, ACI will serve as a key resource for the firm's clients for their accounting software needs.

ACI has been a Sage Software (formerly Best Software) Partner for over ten years and was founded by two former Best Software employees. ACI bases its success largely on its dedication to personalized customer service and competent employees. ACI is a full-service firm offering an extensive array of business management and accounting software solutions, network and hardware support, and consulting services.

Contact ACI Consulting

Top

Our certified professionals serve as consultants and experts in business valuations and litigation support. We have considerable experience in valuations related to charitable giving, gifting programs, estate and gift tax planning, wealth transfers, liquidation or reorganization, partner disputes, divorce, and succession planning. There are many other cases where you might need the advice of a Certified Valuation Analyst (CVA) and among them include mergers and acquisitions, buy-sell agreements, and purchase or sale of closely held businesses. Full description here.

Top

It is estimated that fraud accounts for more than $400 billion in losses annually for U.S. businesses and governmental agencies. Fraud eats away at revenues at an average rate of six percent a year. That is why Vicenti, Lloyd & Stutzman's fraud prevention and detection programs are designed to aggressively fight fraud at every level of business activity. Don't let fraud eat away at your fund balance. Full description here.

Top

Our Human Resources Department aims to facilitate continuous improvement at all levels within an organization. By offering HR Consulting Services to our clients, we are better able to meet their needs and continue our goal of being the only firm our clients consider to help them succeed.

Our HR consulting services are available to both for-profit and not-for-profit organizations. Organizations of particular interest include small companies that do not have a structured Human Resources Department, as well as companies with specific, short-term needs.

The benefits of utilizing our HR Consulting Services consist of:

Cost-savings based on outsourcing specific needs Reducing recruiting costs Using valuable time effectively Having confidence of being in compliance with federal and state regulations

Full description here.

Top

To thrive in todayâs marketplace, organizations must manage their operations using many of the same sound business techniques used by successful for-profit companies. Vicenti, Lloyd & Stutzman, through its Profit Enhancement Process, can help managers and administrators identify cost-saving projects, maximize their budgeted resources and foster teamwork throughout the organization.

Top

We offer K-12 public school districts, community colleges, private schools, colleges and universities a variety of education-specific services designed to help them manage their resources more effectively. We help schools to free up financial and personnel resources that can then be used to better meet the educational needs of their students.

Interim Chief Business Officer
Our years of education industry experience have given us the unique qualifications and financial perspective to perform the Chief Business Officer duties of school districts on an interim or part-time basis.

Chief Business Officer Recruitment
When the need arises, we help schools select their Chief Business Officer. Candidates are often drawn from our extensive network of education contacts. We can manage the entire search process (job description and candidate criteria preparation, interviews and reference checking) or selected states of the search.

Budgeting & Long Range Planning
Districts and Boards find that long range plans result in more prudent decision making. We strengthen the planning process by assisting Districts in preparing budgets and long range forecasts and ensuring that reasonable assumptions are used. We can also provide Boards with independent review of interim reports, budgets and long range plans. Additionally, we can help prepare a strategic plan for facilities and technology.

Maintenance & Operations Monitoring
We review and monitor school purchasing procedures and make suggestions that can save clients thousands of dollars. We look at human resource matters including work force efficiency and Workersâ Compensation and make recommendations to improve operations.

Facilities & Bond Oversight
We establish a project management system that tracks construction project expenditures and funds utilization. Wasteful or fraudulent spending and billing law violations are minimized or eliminated. Additionally, progress reports to the board are more timely and accurate.

Outsourcing ASB Accounting
By using our firm to outsource parts of their ASB accounting function, schools can reduce costs while improving internal accounting procedures. Some of the duties we perform include reviewing and developing controls for fund-raisers; preparing and submitting monthly financial statements; conducting individual and group training sessions on legal requirements and accounting procedures; and regularly visiting school sites and becoming part of the school accounting team.

Workshops
Board members and school administrative personnel seek our expertise. We regularly conduct workshops in business practices, budgeting and accounting, fraud prevention and categorical accounting. The workshops are designed specifically for each client.

Top