Request for Proposals – Single Audit and Tax Filing Services

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Request for Proposals – Single Audit and Tax Filing Services

The Board of Directors of Able South Carolina (Able SC) is seeking proposals from qualified CPA firms to provide a single audit and tax filing services for our organization. Proposals are due by January 5, 2026.

Organization Overview

Able South Carolina (Able SC) is a nonprofit organization recognized by the IRS as a Section 501(c)(3) public charity. For FYE 09/30/2024, the organization had revenues of $7,750,255, consisting of federal, state, and private grants; fee-for-service revenue; sponsorships; and other charitable contributions. The fiscal year runs from October 1 through September 30. Able SC staff and its contract accounting firm will prepare the requested audit schedules and assist auditors and tax preparers. More information about Able SC is available at www.able-sc.org.

Able SC is primarily funded by the Department of Health & Human Services and other federal, state, and private sources. We seek a responsive and responsible vendor to audit our financial statements, issue an opinion in accordance with 2 CFR 200 Subpart F – Audit Requirements, and prepare required lobbying reporting.

A copy of Able SC’s 2024 audited financial report is provided as Attachment A.

Scope of Services

The selected firm will:

  • Perform a single audit of Able SC’s financial statements in accordance with generally accepted auditing standards (GAAS) and Government Auditing Standards, including compliance with 2 CFR 200 Uniform Administrative Requirements.
  • Submit the completed single audit to the Federal Audit Clearinghouse.
  • Prepare IRS Form 990 with applicable schedules and related filings.
  • Meet with Able SC leadership and the Board as necessary to review and present documents.
  • Establish a timeline with Able SC staff and Treasurer, including intermediary deadlines for fieldwork and review. File any necessary extensions for tax filings.
  • Maintain strict confidentiality regarding all audited funds, contracts, donors, and organizational information.
  • Provide technical assistance as requested on accounting, GAAP, tax questions, and reporting requirements.
  • Present the completed single audit and Form 990 to the Board, if requested.
  • Retain audit reports and working papers in compliance with GAAS and federal/state requirements.

Deliverables

  • Initial meeting to discuss “Materials Prepared by Client” (PBC) list.
  • Proposed timeline for completion of audit and Form 990.
  • Regular progress updates to the CEO and Treasurer.
  • Exit interview to review draft audit report and management letter.
  • Electronic copies of the final audit report, management letter, and Form 990.
  • Confirmation of Federal Audit Clearinghouse submission.

Period Covered

  • December 1, 2025 – November 30, 2026, with two optional one-year renewals based on performance and cost:
    • December 1, 2026 – November 30, 2027
    • December 1, 2027 – November 30, 2028

Proposal Requirements

Please provide:

  • Firm experience in nonprofit auditing and 990 preparation, including similar-sized organizations.
  • Independence with respect to Able SC.
  • Proposed key personnel for the engagement and brief biographies.
  • Approach to the audit, including the use of technology, emphasis areas, and the communication process with management and the board.
  • Fee proposal for the single audit and Form 990 preparation, separately itemized. Include expected billing rates for professional personnel and any additional technical assistance.
  • References from other nonprofit clients of similar size.
  • Copy of most recent peer review report.
  • Expected timeline for completion of services.

Proposal Submission

  • Submit electronically by January 5, 2026, to:
    Sara Marin, Senior Vice President & Chief Operating Officer
    [email protected] | 803-233-2878
  • Please notify us if you decline to submit a proposal.
  • Selection will be made by late January 2026, subject to approval by the full Board of Directors.

Evaluation Criteria

Proposals will be evaluated on:

  • Relevant nonprofit experience and technical expertise
  • Peer review and references
  • Staff qualifications and engagement approach
  • Cost and completeness of the proposal
  • Ability to meet deadlines and provide technical assistance
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