The Marcum LLP Not-for-Profit (NFP) Practice Group was created to address the unique challenges organizations face in the contemporary marketplace. It can be a difficult environment for Not-for-Profits that face a pressurized economy, limited returns on investments and changing regulatory constraints.
The professionals at Marcum understand the specific needs and concerns of their charitable and institutional clientele and bring the highest level of expertise and knowledge to every service we provide them.
With a national team dedicated to exceeding the expectations of our NFP clients, Marcum delivers services with depth and breadth of industry experience from which our clients benefit.
Our NFP Organization clients include:
- Private foundations.
- Public and private universities.
- Arts and cultural organizations.
- Human service organizations/social service agencies.
- Private schools.
- Museums.
- Supporting organizations.
- Public charities.
- Institutions of higher education.
- Retirement plans.
- Membership organizations.
- Hospitals.
- Religous organizations.
The NFP Practice Group provides a complete range of services to your industry including:
Assurance services primarily involve the audit of financial statements and the issuance of an opinion on the fairness of the presentation of financial position and results of operations of an entity.
At Marcum, we use a constructive approach to auditing. Our philosophy and practice is to blend the technical, the practical and the business approach in the conduct of each engagement.
- Audit, reviews and compilations of financial statements.
- Compliance Audits - Federal Uniform Guidance and program specific audits; Florida Single Audit Act; Connecticut Single Audit Act.
- Agreed-upon procedures engagements.
- Internal control assessments.
Industry Organizations
Nonprofit CPAs is a nationwide affiliation of independently owned accounting firms committed to delivering exceptional financial and consulting services to nonprofit organizations. Certified Public Accountants who demonstrate expertise and focus in supporting nonprofit organizations are selected based on their superior service to the industry. Nonprofit CPAs members cooperatively build leading accounting practices in their individual markets by exchanging business development practices and technical knowledge to benefit more nonprofit clients effectively.
Related News
February 12, 2018
As Seen In
The Hartford Business Journal published a column by Tax Services Director Marla Esan about the impacts of the Tax Cuts & Jobs Bill for nonprofit organizations.
Like every sector, nonprofits won some and lost some in the Tax Cuts & Jobs Act. Here is a brief summary of the provisions impacting ....
January 30, 2018
As Seen In
Bloomberg’s Talking Tax podcast invited Tax Principal Michael D’Addio onto the show for a discussion about whether the new tax law will drive pass-through entities to convert to C-Corporation status.
The new tax law lowers the corporate tax rate to 21 percent—a change that some lawmakers have suggested could prompt pass-through entities to convert to ....
January 29, 2018
As Seen In
Long Island Business News quoted State & Local Tax Leader Paul Graney in an article about options New York State is considering to counter the regional tax impact of the federal Tax Cuts & Jobs Act.
Facing new federal rules that limit state and local tax deductions, New York and California are considering options to give their residents a big federal ....
January 29, 2018
As Seen In
CFO.com published an article by Tax Leader Joseph Perry and Tax Principal Michael D’Addio, discussing the pros and cons of C-corporation v. pass-through entity status under the new tax law.
A 21% income tax rate might sound appetizing to some pass‐through entities, but C‐corporation status doesn't suit every organization.
September 28, 2017
As Seen In
Tax Partner Robert Spielman wrote about maximizing your charitable contributions for his latest column in the Coconut Creek City News.
There is seemingly no end to the solicitations we receive from qualified charitable organizations seeking our assistance.
February 29, 2016
Tax-Exempt Business
Managing the Risks and Exposure Associated with Fundraising Activities
For many nonprofit organizations, a robust fundraising function is an important part of any long-term plan for success. A nonprofit's executive leadership team must, however, ....
February 22, 2016
Tax-Exempt Business
Managing Restricted Contributions: How to Keep Your Nonprofit Organization Out of Trouble
For nonprofit organizations that receive contributions from private donors, there can be a variety of risks, including tracking and expending contributions as well as accounting ....
August 10, 2015
Tax-Exempt Business
Significant Changes Ahead for Non-Profit Organizations' Financial Reporting
The Financial Accounting Standards Board ("FASB") has been working on a financial statement project that may result in a number of changes to accounting standards ....
Not for Profit Brochure
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Marcum LLP is one of the largest independent public accounting and advisory services firms in the nation, with offices in major business markets throughout the U.S., as well as Grand Cayman, China and Ireland.
