Accounting for

Not-For-PRofit Organizations

Practical Experience & Knowledge

You need to build long-lasting relationships with partners who understand the not-for-profit industry and we understand that not-for-profit organizations face the same challenges as any business—making the best use of available resources, growing to support more services, remaining financially viable, and providing accountability. Since 1921, Olsen Thielen has had the opportunity to provide insight and guidance to Upper Midwest clients. Through our not-for-profit community experience and participation, we bring a wealth of practical experience and knowledge to each engagement.

Industry Expertise

Olsen Thielen serves over 300 not-for-profit entities, including charities, professional associations, religious entities, business leagues, cooperatives, foundations, insurance trusts, and political action committees. Our practical experience means we can identify with clients’ day-to-day management issues and operational concerns. Our professionals actively participate on not-for-profit boards of directors, chairing fund-raising committees, and giving their time and money to local causes.


The FASB continues to address accounting and reporting matters unique to not-for-profit entities. We offer insight into the changes impacting a variety of different types of organizations. 

Some of the areas in which we can assist you include:

Contact a Specialist

Olsen Thielen has committed top talent and substantial resources to provide the best, most extensive services for not-for-profit organizations. Contact one of our industry specialists to discuss how we can help you work better, not harder, and have more time to accomplish your mission.

Articles & News

If your not-for-profit is looking for workers, you might want to consider hiring military veterans. This demographic can have a harder time finding civilian jobs, and tax breaks may be available for employers who hire them.
Every two years, the Association of Certified Fraud Examiners releases its Report to the Nations, an occupational fraud study of for-profit, not-for-profit, and government organizations.
When professional auditors review a not-for-profit’s books, they usually spend significant time on revenue. Inadequate revenue — or revenue trending in the wrong direction — can provide an early warning of future trouble.


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