Most nonprofit organizations depend on the goodwill of volunteers rather than contracting for outside services because they run a tight budget. There are risks involved in applying this method to accounting. Nonprofits have additional reporting and filing requirements that are paramount to maintaining their 401(c) status. They also have boards that require in depth reporting and analysis as well as donors, potential funders and annual reports that scrutinize their spending, accounting and practices for fiscal responsibility. A Wright Tax and Accounting Services provides comprehensive accounting services at discounted prices to nonprofits to help them mitigate these risks and maximize the benefits.