Not-for-Profit
Not-for-Profit organizations have faced new challenges due to the economic recession. Not only has the fall in the economy left not-for-profits to deal with an increase in the cost to do business and competition due to diminishing financial support, not-for-profit organizations have also been hit with accounting changes and new regulations.
Now that the economy is on the road to recovery it’s time to ask yourself: Are you receiving the guidance you need to address the financial management and compliance of your organization?
Expertise
For years MHM has been providing not-for-profit organizations with high quality audit and attest services. And through our association with CBIZ, many of these nonprofits have also received the financial guidance and outsourced resources that allows our clients to focus on what they do best: fulfilling their mission. Our professionals at MHM and CBIZ not only understand your industry and the issues you face, they also maintain close communications with all regulatory governing bodies, ensuring we are up to speed on all new pronouncements impacting our clients. With many changes and new regulations introduced in the past couple of years, we have been able to ease the stress of dealing with these challenges by providing our clients with the support to tackle:
- Filing of 990 Form*
- Extensive Schedule C Changes
- Mandated Electronic Filing of Form 5500*
- ERISA Audits
More changes are sure to follow and you need a group dedicated to providing the resources and expertise to get your company through them.
Experience
Together Mayer Hoffman McCann P.C. and CBIZ are the 7th largest accounting provider in the nation. We have a strong national practice dedicated to serving not-for-profit organizations and currently serve more than 650 nonprofit organizations nationwide. We continue to be proud sponsors of the AICPA’s National Not-For-Profit Financial Executive Forum and also have involvement from all levels on not-for-profit boards in our communities. As additional support and learning, we also encourage the participation in AICPA committees and have had director representation on the Non Profit Audit Committee Toolkit Task Force.
The breadth of clients and years of not-for-profit experience are indicators of our commitment to you and our community.
*CBIZ is not an independent CPA firm. Tax and consulting services are provided through MHM's alternative practice structure it shares with CBIZ, Inc.