Extensive Expertise and Commitment

Benjamin Franklin said, "Well done is better than well said." To this end McGill, Power, Bell & Associates demonstrates its commitment to nonprofits not just by words but by our actions. Some of these actions include:

• Being active members of PKF/NAN, an International Association of Accounting Firms which supports a nonprofit task force
  
• Speaking at statewide training conferences for CPAs, not-for-profit leadership seminars, and courses sponsored by institutions of higher learning
  
• Delivering to clients and friends a highly informative newsletter, Nonprofit Insights, written exclusively for the Nonprofit professional
  
• Sponsoring  Nonprofit Seminars, utilizing recognized leaders in the Nonprofit field.
  
• Participating on numerous boards of Nonprofit organizations

The Internal Revenue Code defines over 27 different types of nonprofit organizations. Each type has their own specialized requirements, demanding specific experience. Of these various types we serve a significant number of clients in the following groups:

• Business Leagues and Trade Associations
• Emergency Service Organizations I
• Social, Human, and Recreational Services
• HUD Audits
• Educational Institutions
• Historical, Arts, and Museums
• Fund Raisers and Foundations
• Religious Organizations
• Social Membership Organizations

Consultation with Tangible Results

What do you get from accountants who have a clear understanding of your fiscal responsibilities and the importance of donor trust and who have committed their careers to serving Nonprofit organizations? You get professionals from McGill, Power, Bell & Associates who provide consulting services with measurable results.

Our professionals are prepared to assist you with

:    Establishing a new organization - Assist with the process of creating        a new nonprofit entity.

     Operational Diagnostics - Includes the evaluation of:

• Internal Controls
• Organizational Structure
• Governing Documents
• Board of Directors' composition and duties
• Maintaining tax exempt status
• Information systems
• Marketing and fees for goods and services
• Charitable solicitation policies
• Activity cost allocations

     Financial Management and Planning-

• Prepare annual financial statements and assist with internally prepared financial reports
• Analyze investment policies
• Evaluate or create budgets and financial plans
• Assist with the preparation of other reports such as cash flow projections, indirect cost plans, and joint cost analysis reports

     Information Technology - Assist with the selection and implementation of accounting software most advantageous to the nonprofit organization, offer payroll processing services, and provide information systems consulting.

     Tax Compliance - Address compliance with regulatory government agencies and offer complete guidance on reporting requirements.  Amalyze all operations in regard to the ramifications of unrelated business income.

     Personnel Management - Assist with personnel restructuring and the development of personnel policy manuals, job descriptions, salary evaluations and retirement plan implementation.

     Multiple Entity Management - Analyze multiple entity relationships, including for profit entity associations.

     Fraud Investigation - Scrutinize financial transactions for fraudulent activity.

Fiscal Responsibility and Donor Trust

Thomas Paine said, "Character is much easier kept than recovered." So it is with fiscal responsibility and donor trust. While significant resources are poured into the mission of the organization, often little attention is paid to the tax compliance requirements and financial reporting guidelines unique to Nonprofits. Regularly, the lowest priced service provider or kind-hearted supporter are left to protect the fiscal interests of the organization. Frequently, it is done at the risk of jeopardizing the donor's trust and the organization's financial credibility.

McGill, Power, Bell & Associates recognizes the need for financial advisors committed to promoting the financial success of Nonprofits. For that reason we created the Nonprofit Services Group which is responsible for reviewing and monitoring our services to Nonprofit organizations.

An Organization's "Greatest Asset."

The greatest evidence of our commitment to Nonprofits and the most rewarding comments come from our clients.

An Executive Director of one client organization stated, "I was drawn to your firm by your passion and desire to understand my organization."