In the not-for-profit sector, whether you are an association or a charitable or civic organization, controlling costs, maintaining and growing membership and competing for funding and grants is a constant challenge. To be a financially strong organization depends on setting obtainable goals, having a vision, establishing long-range plans and developing realistic budgets.

Councilor, Buchanan & Mitchell, P.C. (CBM) is a firm of experienced CPAs and business advisors who know what it takes for a not-for-profit organization to flourish and better serve its constituency and purpose. With our proven experience and resources, we provide guidance targeted specifically for your not-for-profit organization. CBM has acquired decades of experience auditing not-for-profit organizations including those receiving federal financial assistance that are subject to an A-133 audit.

We can assist you in the following areas:
• Audits (Including A-133), Reviews and Compilations of Financial Statements
• Application For and Preservation of Tax Exempt Status
• Tax Planning For Unrelated Taxable Business Income
• Sarbanes-Oxley Consulting
• Budgeting and Cash Flow Management
• Budgeting and Cash Flow Analysis
• Accounting System Design
• Employee Benefits Planning
• Operating Statement Analysis
• Human Resource Consulting
• Intermediate Sanctions Compliance Reviews
• Internal Controls Improvement
• Statistical Analysis
• Election Ballot Counting
• Forensic Examinations

At CBM, we will work hand-in-hand, with clients to extend and/or improve their organization’s financial health.

In 2005, the firm underwent its peer review receiving the highest level opinion that the peer review team can render on the firm's accounting and auditing practice. This result exemplifies the firm and the professionals continued commitment to perform the highest quality accounting and auditing work for our Not-for-Profit clients. Click here to view the 2008 Peer Review Report.

Read about current accounting and business issues facing the not-for-profit industry in our Profitable Solutions for Nonprofits newsletter, and please contact Anthony A. Cuozzo, Jr. CPA, CGFM, Senior Vice President and Director of Not-for-Profit Services Group at CBM for more information about our services.

Helpful Links:
American Society of Association Executives (ASAE) www.asaenet.org
Maryland Association of Nonprofit Organizations (MANO) www.mdnonprofits.org
Virginia Association of Nonprofit Homes for the Aging (VANHA) www.vanha.org
Guidestar www.guidestar.org
Center for Nonprofit Advancement www.wcanonprofits.org
Catalogue of Federal Domestic Assistance www.cfda.gov
Nonprofit Risk Management Center www.nonprofitrisk.org
Charity Navigator www.charitynavigator.org
Finance and Administration Roundtable www.far-roundtable.org