DB&B Industries - Not-For-Profit Organizations
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Not-For-Profit Organizations

Overview

At Dermody, Burke & Brown, our work with Not-for-Profit clients isn't a sideline - it is a significant portion of our practice. In 60+ years, DB&B has worked with more than 200 Not-for-Profit Organizations. Our highly experienced team is dedicated to Not-for-Profit engagements. We are therefore very well-versed in the day-to-day issues that most Not-for-Profit Organizations face and can offer proactive solutions. And should an unusual issue arise, DB&B's standing in the Allinial Global Not-for-Profit Committee allows our team to tap into the wealth of knowledge of other top Not-for-Profit accounting practices around the world.

Because DB&B has a deep base of knowledge, experience and professional contacts, we can offer what few firms can: proactive solutions. We routinely give our clients new ideas and suggestions for improving their operational efficiency and effectiveness. For example, every audit engagement culminates in a "Letter of Observations and Recommendations" that: (1) highlights relevant trends and "best practices" in the client's niche; (2) offers pertinent observations regarding the client's practices; and (3) makes suggestions for improvement. We also regularly assist our Not-for-Profit clients with board presentations, including an in-depth review of the audit and a summary of our findings and other observations and recommendations.

To us, our clients are far more than clients: they are our partners. Therefore, we strive to keep them apprised of best practices, industry trends and developments, and changes in standards and regulations through our niche-specific seminars, "Thought Leadership" emails, and our Nonprofit Insights newsletters. And to ensure that it is a two-way conversation, our partners reach out to our clients often, so that we can understand the specific challenges they face and how DB&B can be of most help.

Extensive Experience with:

Services Provided:

  • Audits and Accounting
  • Financial statement audits
  • Reviews and Compilations
  • Agreed - Upon Procedures
  • Single Audits & Yellow Book Audits
  • Review and certification of governmental cost reports
  • Fraud investigation services
  • Alerts on new standards and trends in the industry
  • Establishing financial controls and reporting systems
  • Internal control studies and recommendations
  • Implementation of Governance Best Practices resulting from the New York Nonprofit Revitalization Act 

Tax Services

  • Tax return preparation and filing
  • Unrelated business income tax issues
  • Tax law alerts and consultation

Business Advisory Services and Consultation

  • Employee benefit design, audit and administration
  • Internal operational review
  • Seminars
  • Management and development training
  • Thought leadership emails
  • QuickBooks consulting and installation

Technology Services

  • Information systems review
  • Network security review
  • Training

Not-for-Profit Team

Dave de Silva, CPA, Member
Jill Palmeter, CPA, Principal
Carolyn Sturick, CPA, Member
Shannon Nelson, CPA, Member
Lori Ciarla, CPA, Principal
Tom Palmer, CPA, Senior Manager
Travis Smith, CPA, Manager

Links

The following is a list of links to useful websites:

The Nonprofit Risk Management Center
American Society of Association Executives
BBB Wise Giving Alliance
Board Source
Charity Navigator
CompassPoint Nonprofit Services
Council on Foundations
Giving USA
Government Accountability Office
GuideStar
Healthcare Financial Management Association
Independent Sector
Information for Tax-Exempt Organizations (an IRS site)
Management Assistance Program for Nonprofits
Partnership for Philanthropic Planning
National Council of Nonprofit Associations
NYS Charities Bureau
Tax Basics for 501(c)(3s) (an IRS site)
The Chronicle of Philanthropy and links to other sites
The Foundation Center
The National Center for Charitable Statistics
The Nonprofit Genie
The Nonprofit Times Online
U.S. Office of Management and Budget