The 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.
Financial Management
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
Tax Services
Form 990, 990-T and state-equivalent returns
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
Sales and use tax preparation and consulting
Unclaimed property advisory
Business Planning
New business start-up assistance
Economic feasibility studies
Evaluation of long-range plans
Business evaluations of mergers
Fraud & forensic services
Organization & Personnel
Organizational studies and reviews
Compensation studies and incentive plans
Executive compensation and recruitment
Succession management
Information Resource Studies
Internal controls review
Information security services
IT risk assessment
We 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.
The Firm also writes and produces its own in-house newsletter. CB&H's NFP News contains articles on financial, operational, managerial and strategic topics that are specifically crafted for the Not-For-Profit sector.
