A not for profit organization is defined in the public eye by its mission. But successfully fulfilling that mission requires careful financial stewardship, risk management, and the scrupulous internal controls and compliance that will stand up to scrutiny by donors and other observers.
The members of Affluent’s Not-for-Profit and Education Practice specialize in working closely with the boards and management of these organizations so that they have a best-practices approach to their critical financial and operational functions.
In addition to the standard array of tax and accounting services, we help not for profit organization identify cost and workflow inefficiencies, implement appropriate internal controls, and manage capital and planned giving campaigns.
Services offered for not for profit organization:-
1.Social service and charitable agencies
We help these entities leverage their governance and internal controls to improve organizational efficiency, assess proposals for supporting community and educational programs, and develop strategic plans to strengthen long-term viability.
2.Professional and Trade associations
We work with professional and trade associations to identify alternate revenue sources, integrate technology to enhance operational efficiency, recruit financial personnel and develop new strategies to provide value to their members.
Foundations play a critical role in the not-for-profit ecology. We assist them in navigating the complex regulatory changes affecting them; implementing practices to improve corporate governance, accountability and standards for giving; and balancing financial and philanthropic objectives.
4. Educational institutions
We work with independent schools, colleges and other institutions to give them the tools they need to manage their endowments, improve financial efficiency and optimize tax structures with the benefit of reliable internal controls.
5. Religious organizations
We help these organizations develop strategic plans to best meet their humanitarian goals and objectives, maximize real estate assets, strengthen cash flow management and create planned giving strategies.