ot-For-Profit
organizations have their own distinguishing characteristics.
Resources are often limited and restricted to charitable
purposes, but the operations of Not-For-Profit organizations
must remain simplified yet efficient. These organizations
require more detailed planning, and are under public scrutiny
now more than ever before.
In today’s rapidly changing business environment,
the ability to successfully navigate the operational and
regulatory environment associated with a tax-exempt status
requires a specialized advisory relationship. To meet
the needs of tax-exempt organizations, Cherry, Bekaert
& Holland has established the Not-For-Profit Group.
The Not-For-Profit
Group provides our clients with access to accounting
and tax professionals who have undergone specialized
training and have dedicated their careers to the
service of tax-exempt organizations. We have professionals
with experience in working in not-for-profit organizations,
members of state society NFP committees, and members
of National AICPA Tax Exempt Organization committees.
he
CB&H Not-for-Profit Group provides accounting and consulting
services to over 600 clients in the not-for-profit sector.
Types of not-for-profit organizations currently served
by CB&H include:
Colleges and Universities
Community Action
Agencies
Country and Social
Clubs
Cultural and Arts
Organizations
Foundations
Healthcare Providers
Private/Public
Schools
Religious Organizations
Trade Associations
The not-for-profit
sector is an important aspect of our business, and we
are continually developing and training our professional
staff in order to build on the depth and quality of the
valuable services that we offer to our not-for-profit
clients.
Audits
of financial statements
Compliance
with OMB Circular A-133
Financial
and profit planning
Cash
flow and cash management
Forecasting
methods
Assistance
with budget preparation
Property
and equipment management
Overhead
expenditure budgeting systems
Cost
determination
Cost
allocation plans
Unrelated
Business Income Tax issues (UBIT)
Formation
of taxable and non-taxable
subsidiaries
UBIT
planning and exposure reviews
Mergers,
acquisitions, reorganizations
and liquidations
Foreign
charitable organizations
Joint
venture structuring
Planned
giving advisory services
Registration
statement assistance
Excess
benefit transaction studies
IRS
penalty exposure reviews
Disclosure
compliance reviews
New
business start-up assistance
Economic
feasibility studies
Evaluation
of long-range plans
Business
evaluations of mergers
Disaster
planning
Organizational
studies and reviews
Compensation
studies and incentive plans
Executive
compensation and recruitment
Succession
management
Systems
analysis, review and planning
Review
of accounting systems
Information
resource requirements
Telecommunications
consulting
e
are proud members, sponsors and supporters of various
state, local and other niche organizations that cater
to the not-for-profit sector in the Southeast. These
organizations include the North Carolina, South Carolina
and Georgia Center for Nonprofits, the Society of Association
Executives, and the Association of Fundraising Professionals.
As
a testament to Cherry, Bekaert & Holland’s
innovation and internal talent, our Firm produces and
hosts a regional seminar series specifically designed
for not-for-profit organizations. The extremely successful
series called the “Not-for-Profit One-Day MBA
Seminar” offers valuable advice on a variety of
accounting, tax and other advisory issues tailored to
the unique needs of not-for-profit entities.
Past issues of
NFP News, our not-for-profit newsletter, are available
in our newsletter archive.
If you would like to receive NFP News, email
us your name and address.
ot-For-Profit
organizations have their own distinguishing characteristics.
Resources are often limited and restricted to charitable
purposes, but the operations of Not-For-Profit organizations
must remain simplified yet efficient. These organizations
require more detailed planning, and are under public scrutiny
now more than ever before.
he
CB&H Not-for-Profit Group provides accounting and consulting
services to over 600 clients in the not-for-profit sector.
Types of not-for-profit organizations currently served
by CB&H include: 
e
are proud members, sponsors and supporters of various
state, local and other niche organizations that cater
to the not-for-profit sector in the Southeast. These
organizations include the North Carolina, South Carolina
and Georgia Center for Nonprofits, the Society of Association
Executives, and the Association of Fundraising Professionals.
