We are presently in need of a qualified professional to conduct our 2022 financial audit and 990. As a small organization, we are seeking an experienced yet competitive vendor and/or contractor to fit within our budget of $6,500 all inclusive. Once a vendor/contractor is identified through this bid process, more details will be consulted and negotiated via the terms and agreement of the final agreement.
The South Florida Community Development Coalition, Inc. (SFCDC) is grateful for your interest to support our mission by way of this Request for Proposals (RFP). Founded in 2007 as a 501(c)(3) nonprofit, our coalition’s purpose is to build communities and develop assets by enhancing and coordinating the efforts of our members through capacity building, technical assistance, and public policy advocacy. We promote collective impact for comprehensive community development to advance racial equity and quality of life for low-to-moderate income (LMI) neighborhoods.
Should you have any clarifying questions regarding the RFP, please do not hesitate to contact the Executive Director at firstname.lastname@example.org.
Scope of Work
We are seeking an experienced CPA to conduct an independent financial audit reviewing our financial statements for the fiscal year 2022, beginning January 1st through December 31st. Our annual expenses are usually $250,000 predominantly from non-federal grants and subgrants, sponsorships, membership dues, and earned revenue. There are no federal grants. This financial audit should be in compliance with all applicable federal and Florida state laws for 501(c)(3) nonprofit organizations. In addition, this project includes completion of our 990 for the same period. The Executive Director will be the main point of contact. Our contracted bookkeeper and Board Treasurer may engage throughout the process as well.
Timeline and Deadline
The project is expected to be completed within 4-6 weeks with an estimated start the first week of March. Ideally, we expect the audit process to begin by March 1st. An initial draft should be submitted via email to the Executive Director by April 3rd in time for board review at the Q2 meeting in early April where a virtual presentation by the auditor will be featured. The final audit and 990 should be submitted no later than April 30th, ahead of the May 15th deadline.
Bid Selection Process
All vendors/contractors interested in bidding on this project must submit a proposal with the following criteria via our Google Form. The proposal should be submitted in a PDF format, no greater than two (2) pages in length. We are open to recommendations to facilitate this project including additional tools/resources that will enhance the auditing process.
All proposals should be submitted via the designated Google Form no later than Friday, February 24th. All bids will be reviewed competitively for quality and fit. Once a vendor/contractor is selected they will be contacted directly and must submit a W9. An MOU will be negotiated with full terms and must be signed before any work on the project commences.
Qualifications as a CPA
Brief description of the expected process and stages of the project
Client-vendor communication expectations including frequency and preferences
Project timeline and/or milestones including estimated hours
Itemized estimate of total cost