Serving the South Bay & West Los Angeles Rated 5.0 on Google Reviews (310) 220-0248
Request a proposal
A community meeting room with chairs arranged in a circle

Who we serve

Nonprofits

Audit preparation, Single Audit support, grant compliance and the board reporting that lets trustees exercise oversight.

Book a scoping call Request a proposal

Los Angeles has one of the largest nonprofit sectors in the country, and a great deal of it is concentrated on the Westside and across the South Bay. It is also a sector with obligations that arrive on a schedule and do not negotiate.

California requires an audit above $2 million of gross revenue: with government grants excluded from that count, which surprises most boards. Federal funding brings Uniform Guidance into play at $1 million expended. Both have hard deadlines, and for the very common June 30 fiscal year end they cluster in the same few months.

Where we help

  • Audit preparation: books closed and reconciled, schedules built and the PBC list ready before fieldwork
  • Single Audit support where federal expenditure requires it, and help engaging an independent auditor
  • SEFA preparation, built through the year rather than reconstructed
  • Functional expense allocation methodology: documented and defensible
  • Restricted fund tracking and release from restriction
  • Grant budget-versus-actual monitoring by award
  • Board and finance committee reporting written for non-specialists
  • Reserve policy and cash flow planning around grant payment timing
  • Form 990 preparation and support

What this usually involves

Nonprofit audits in California

The $2M threshold, the grant exclusion, audit committee composition and the nine-month deadline.

Read more

Single Audits

The threshold rose from $750,000 to $1 million. Who that changed things for.

Read more

CFO services for nonprofits

The finance function between audits.

Read more

Take this with you

Work out whether your nonprofit actually needs an audit

California's audit trigger is not the number on Form 990 line 12, and the federal Single Audit trigger is a different number again. The worksheet walks both, with the citation beside each step.

  • The California Nonprofit Integrity Act test, and what counts as gross revenue for it
  • The Single Audit test at $1,000,000 of federal awards expended
  • Where a grant agreement can require an audit no statute requires
  • What to do if you cross the line part way through a year

There is no instant download. A person sends it, usually the same working day.

We email you this one document and nothing else unless you ask. We do not share your details, we do not add you to a sequence, and one reply saying stop ends it.

Keep reading

Audit Preparation

Nonprofit audits

 Audit Preparation

Single Audits

 CFO Services

CFO for nonprofits

 Service

Audit Preparation

What clients say

Read every review on Google

I had a great experience working with WAGOPOP accounting firm. Tom was very professional, listed carefully to understand before working to accommodate my bussiness needs. And was able to Answer all my inquiries. I highly recommend them

Samuel JacobGoogle review, 5 stars, June 2025

I’ve had a great experience with this WAGOPOP. They offer a full range of services, including account controller support, sales tax management, accurate bookkeeping, and reliable payroll services. The team is professional, responsive, and truly understands the needs of small businesses. I highly recommend them for anyone looking for dependable and comprehensive accounting solutions. Thank you Tom

Peter MichealGoogle review, 5 stars, May 2025

I recommended this place if you at California Manhattan Beach And you’re looking for something special, you have to visit this place. amazing definitely I will come again

Samuel AdlyGoogle review, 5 stars, September 2024

Common questions

Not answered here? Ask us directly: we would rather explain it than have you guess.

When should we start preparing for our audit?

For a June 30 fiscal year end, by May or June, including engaging your independent auditor. Fieldwork runs July to September and that window genuinely fills: every June-30 organisation in California wants the same weeks. Working backwards: Form 990 is due 15 November and California requires the audited statements to be publicly available by 31 March. October is late, not early.

Do we need an audit committee?

If your gross revenue is at or above $2 million, yes: the statute requires one, appointed by the board. It can be a single member and can include non-board members, but it cannot include staff, the CEO or president, or the treasurer or CFO. If a finance committee exists, its members must not make up 50% or more of the audit committee.

We receive government grants. Do they count toward the $2 million?

Generally no: government grants are excluded from the threshold count where you must account to the grantor for how the funds were used, which is the normal condition. This means Form 990 Line 12 is not your threshold number. It is worth running the calculation properly; some organisations are commissioning audits they are not required to have.

Can you prepare our Form 990?

Yes, for CFO and accounting clients, and we can support your team where the return is prepared in-house. Because we also prepare the books for audit, we keep the return consistent with what your independent auditor sees.

How do we start?

Book a scoping call using the form on this page, or call us. We will ask what you need, who is asking you for it, and what condition your records are in, then tell you what the engagement involves and what it will cost before anything begins.

Book a scoping call

Twenty minutes, no charge. Tell us what you need and we will tell you what it involves, what it will take, and whether we are the right fit for it.

  • A short call with the person who would actually do the work.
  • A clear scope and a fixed quote before anything begins.
  • We reply to every enquiry within one business day.

Prefer to talk now? Call (310) 220-0248
Monday to Friday, 9am to 6pm PT

Add a number and our AI assistant will call you shortly to set up your scoping call. Leave it blank if you would rather we email.

By sending this you agree we may contact you about your enquiry. We never share your details, and we do not send marketing you did not ask for.

Free resource

Work out whether your nonprofit actually needs an audit

California's audit trigger is not the number on Form 990 line 12, and the federal Single Audit trigger is a different number again. The worksheet walks both, with the citation beside each step.

  • The California Nonprofit Integrity Act test, and what counts as gross revenue for it
  • The Single Audit test at $1,000,000 of federal awards expended
  • Where a grant agreement can require an audit no statute requires
  • What to do if you cross the line part way through a year

There is no instant download. A person sends it, usually the same working day.

We email you this one document and nothing else unless you ask. We do not share your details, we do not add you to a sequence, and one reply saying stop ends it.