We understand that the bottom line is not the only important line.
We understand and respect the importance of your mission. That’s why we combine our technical expertise with sensitivity to your mission in order to enhance your organizational effectiveness. After all, the more focused your not-for-profit strategic planning process is, the better trained your staff, and the more efficient your nonprofit technology, the better equipped you’ll be to achieve your mission.
Our team of CPAs and consultants specialize in the not-for-profit sector – they’re not “on loan” from any of our other departments during their slow periods. Team members receive continuous training throughout the year on technical concepts, such as classification of net assets, operations review and improvement, tax developments, and cost control measures – all as they relate to your not-for-profit organization.
Our commitment in this area goes beyond serving our own not-for-profit clients. Plante & Moran has made significant commitments of time and resources, participating on both state and national committees in the not-for-profit industry. In addition, Plante & Moran offices have supported various organizations and charitable events by participating on boards and in fundraising activities for education, health care, medical research, the arts, religious ministries, and many more.
Operate more like a business and still stay true to your mission
Plante & Moran has been serving not-for-profits for over 80 years. We understand that your work is about more than numbers – we recognize the importance of mission. Without a strong mission, you don’t have a strong organization. It is also true, however, that without a strong business model, your organization cannot be as effective in delivering upon that mission.
Do you need an audit?
Some of our clients require our services only for an annual audit. They appreciate the fact that, due to our low turnover rate, the same knowledgeable Plante & Moran staff show up year after year so no re-education is required. They also appreciate the fact that the engagement partner is a not-for-profit specialist who performs reviews in the field and is accessible and available throughout the year for consultations.
Operating a not-for-profit organization in an era of increased scrutiny
With the passage of the Sarbanes-Oxley Act and increased scrutiny of not-for-profit organizations, many of our clients have asked for our assistance with improving accountability and "transparency" in their organizations. We have consulted with our clients on the following topics:
- Forming new audit committees
- Development of ethics and conflict of interest policies
- Board of directors education regarding Sarbanes-Oxley and Not-for-Profits
- Implementation of internet-based reporting systems for violations of ethics policies
- Assistance with responses to inquiries by the IRS, Senate Finance Committee and other regulatory agencies
A special focus on Behavioral Health providers
Behavioral health providers are commonly faced with issues surrounding funding levels. The amount of funding is dependent upon several factors including compliance issues, proper reporting and other regulatory requirements. Because of our expertise in reporting requirements, we have helped many of our clients increase their funding.
Plante & Moran works with all types and sizes of behavioral health organizations that provide services to people with mental illness or developmental disabilities – whether in an outpatient, inpatient or residential capacity. Our clients include direct providers of care, intermediaries between government entities and patients, and case management service agencies.
Some of the services we provide in this area include:
- Strategic planning
- Governance/corporate structure
- Financial reporting/audits
- Technology consulting
- Employee benefits consulting
- Compensation planning
- Cost reporting/state filings
- Federal program A-33 compliance audits
- Tax compliance/reporting
- Financial forecasting
Plante & Moran understands the complexities facing private schools
The complex, ever-changing environment in which private schools operate places an increasing demand on their operations and resources. Plante & Moran has been providing comprehensive audit, accounting and consulting services to educational institutions and not-for-profit organizations for more than 80 years.
Because we work with public school districts in addition to private schools, we understand the complex requirements and challenges facing educational institutions today as well as the not-for-profit industry in general.
Our service approach focuses on combining our technical expertise along with sensitivity to your mission in order to enhance your organizational effectiveness. We accomplish this in several ways. Since development is a key area in private schools, we work with development and accounting departments to strengthen their controls and processes to accurately reflect donor intentions. Another way we can help is by analyzing the functional areas of private school operations, such as planning, accounting, data processing, maintenance, transportation, and food services – all with an eye toward optimizing the products and services for improved operational efficiency. Our full range of services, including planning, financial services, technology consulting, assessment, and training, can help private schools achieve their goals and initiatives in today’s educational environment.
