Wilke has a long history providing accounting, tax, and business advisory services to clients in higher education, especially private career schools. We understand the unique needs of higher education institutions: as a not-for-profit institution with many different revenue streams, tax planning and compliance can become quite complex. Add enrollment challenges, funding concerns, financial aid, and governance, and higher education leaders need an advisor who can manage all the different components.

Private Career Schools

Leaders of technical colleges know that there is more than one path to a meaningful career. Amid an increased need for specialized skills in advanced manufacturing, telecommunications, clean energy, healthcare, technology, and construction, trade schools are making a comeback. As the next generation of students evaluate their career path, technical colleges need to be ready. Higher enrollment means more opportunities for a diverse curriculum, upskilling coursework for current workers, hybrid learning models, and ultimately more revenue. More revenue may mean more complicated tax and compliance needs.

Our professionals provide the following services to higher education clients:

Advisory, including Board governance, fringe benefits, executive compensation planning, business continuity planning, and more

Auditing, including annual audits in compliance with OMB Uniform Guidance, financial reporting for endowments and investment portfolios, agreed-upon procedures, and 403(b) and 401(a) benefit plan audits

Tax Compliance and Planning, including Form 990 and 990-T preparation, charitable registration and tax-exempt filing notices, unrelated business income tax (UBIT) planning, and federal, state, and local tax preparation and filing