Not for Profit

Your prosperity is our business

Prosperity’s dedicated NFP team service our clients across the sector which is a chosen niche specialty for our firm. We draw on our knowledge from working with over 100 NFP clients to drive insights and recommendations for the NFP sector and achieve success for our clients.

Our team have served the NFP sector for over 30 years including:

• Nationally branded charities and their local chapters
• Government-led charities
• Charitable start-ups
• Social enterprise businesses
• Faith-related charities
• Indigenous entities
• Physical and mental health focused charities
• Medical research institutes
• NDIS-funded organisations
• Member based organisations and associations
• Recipients of Bill & Melinda Gates Foundation and Minderoo Foundation funding.

Adding real value

Clients in the NFP/For Purpose sector require advisers who will dedicate the time and energy to understand and partner with them. Significant director involvement in day-to-day work distinguishes Prosperity from other accounting and advisory firms.

In addition to traditional accounting and advisory services, Prosperity’s integrated approach adds value to clients through our team of subject matter experts, including the provision of services such as:

Advisory

• Charity setup including ACNC registration, Deductible Gift Recipient (DGR) status and charitable fundraising licensing
• Strategic planning facilitation
• Governance training for directors
• Benchmarking, data analytics and scenario modelling
• Investment strategies for surplus funds

Business Services and Tax

• Outsourced bookkeeping and CFO services
• Income tax exemption reviews
• Indirect tax compliance including GST, fringe benefits tax (FBT), payroll tax
• Budgeting and cashflow forecasting
• Management/board reporting and dashboarding
• System integration services including cloud applications

Employee Benefits

• Employee benefits and FBT consultation
• Outsourced payroll
• Salary packaging
• Novated leasing
• Fleet management and vehicle procurement

Audit and assurance

• External audit in accordance with the ACNC Act, Corporations Act, state-based association acts and charitable fundraising legislation
• Grant funding acquittal audits
• Risk advisory including risk management function establishment, risk workshops and internal audit services
• IT consulting including cyber security audits and Privacy Act compliance.

With a strong commitment to the community, we have served on many of our clients’ boards and aided hundreds of NFP/For Purpose organisations – firsthand. This direct experience allows us to use our insight and sector understanding to provide you with greater valuer from your advisory partner.

The firm of the future

Prosperity’s vision is to create the professional services firm of the future. This starts with embracing technology to automate routine activities which allows our team to focus on delivering value to our clients.

Prosperity is committed to embracing Environmental, Social and Governance (ESG) values including eliminating discrimination and celebrating the diversity of our client’s businesses and team members. Sustainability is part of Prosperity’s DNA in creating stronger financial futures for our clients. Our sustainable actions today prepare the firm and our clients for an environmentally responsible future.