Face audits with confidence.

Development & Operational Audit

Preparation & Review

Are you afraid of losing your nonprofit status? Did you fail your last audit due to your development compliance and processes?

Calloway & Co. is here to help you in a discreet, confidential manner, and aid in your preparation of records management and assist with the creation and review of RFP(s) from auditors.

Some typical client questions we receive:

-We lost our IRS tax-exempt status. Can you refer us to a law firm to help resolve this?

-We want to ensure we are well-prepared for an upcoming audit, particularly regarding our fundraising records. What preparation process do you recommend?

-What is the Donor Bill of Rights, and how can we best ensure compliance?

  • No matter the size of your Development Department, or organization as a whole, a development audit is a vital tool used to evaluate your department's operational condition and help you mitigate risks that could impact your nonprofit status.

    While most financial auditors focus on all aspects of an organization’s fiscal processes, development activities are often the source of failure for organizations regarding a financial audit.

    There are six areas of focus that Calloway & Co. examines for our clients:

    (1) Gift Processing System

    (2) Database Management

    (3) Gift Acknowledgement System

    (4) Streams of Income

    (5) Board Management

    (6) Fiscal Compliance

  • An operational audit refers to the process of evaluating a company's fiscal operating activities – both on a day-to-day level and a broader scale. While other types of audits might look solely at a single department, an operational fiscal audit delves deeper.

At Calloway & Co., we understand that non-compliance and operational gaps can harm public trust and strain donor relationships. That’s why our team is dedicated to maintaining your privacy—ensuring that all inquiries and consultations remain strictly confidential.

Not sure what you need? Contact us below!