Nonprofit

In the unique world of nonprofit organizations, financial transparency, compliance, and efficient resource management are not just goals – they are necessities. At Maxwell Locke & Ritter, we are dedicated to helping nonprofits navigate these challenges with our expert accounting and advisory services.

At ML&R, we believe that vibrant and engaged communities thrive when dedicated people support them. ML&R’s vision and core values are the driving force behind our community involvement. With a focus on actively supporting and participating in our communities, the Maxwell Locke & Ritter team volunteers our time, talent, and treasure to over 325 nonprofits across the country. In addition, ML&R serves as tax and audit advisors to over 100 nonprofit clients each year. At ML&R, your organization’s goals and mission are important to us. We view our nonprofit client relationships as an ongoing partnership and commitment to our communities throughout the year.

Providing the Transparency Nonprofit Organizations Seek

Nonprofits play a pivotal role in society, offering essential services and advocacy to their communities. Like other sectors, they face unique financial challenges. From ensuring financial transparency to managing tax-exempt status, ML&R’s experienced team collaborates with you to create customized plans addressing your specific accounting for nonprofit needs, allowing you to focus on your mission.

Maxwell Locke & Ritter takes pride in its collaboration with a diverse range of nonprofit organizations, providing specialized expertise to the following types of entities:

    • Arts & Cultural
    • Foundations
    • Healthcare
    • Member Associations
    • Private Schools
    • Social Services
    • Trade Associations

Bringing Stability and Connections to Help Further Your Mission

With talent shortages and tight budgets, a fully staffed accounting department may not always be feasible for your nonprofit organization. The highly experienced CPAs at Maxwell Locke & Ritter offer year-round, collaborative support to address your unique accounting for nonprofit needs. ML&R takes pride in fostering an extensive network for knowledge sharing among nonprofits. In addition to offering continuing education opportunities, we leverage both our network of clients and the nonprofit Boards and committees our team members serve to connect you with other nonprofit experts to help you tackle your challenges effectively.

In addition to our experienced team, ML&R is a member of the American Institute of Certified Public Accountants Governmental Audit Quality Center (GAQC). As a member of the GAQC, our nonprofit CPAs have access to comprehensive resources that will assist us in further enhancing the quality of our nonprofit audits for entities receiving government grants. Our GAQC membership provides us with timely information on a variety of technical, legislative, and regulatory topics. We use this knowledge in our audit procedures to ensure compliance with the appropriate standards and ever-evolving regulations.

Targeted Services for Nonprofit Companies
Financial Statement Assurance & Advisory

Audit, other assurance, and advisory services provided by experienced CPAs with a focus on accurate and reliable financial records, efficiency, providing a critical analysis of your operations, and strengthening your system of internal controls. Our nonprofit clients are important to us, making up one-fourth of our audit practice.

  • Assurance
    • Audit
    • Review
    • Single Audit
    • Employee Benefit Plan Audit
    • Examination
  • Advisory & Other
    • Agreed-Upon Procedures
    • Financial Statement Compilation
    • Financial Statement Preparation
    • GAAP Advisory
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Tax Compliance & Advisory

ML&R understands the unique rules that apply to tax-exempt organizations. Our tax services include the filing of returns with the IRS to fulfill annual reporting obligations and consulting services related to taxable income (UBTI), public support, and other issues unique to nonprofits. In addition to these specialized nonprofit tax advisory and compliance services, our team assists with:

  • Tax Planning
  • Succession and M&A Planning
  • Charitable Gift Planning
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Risk Assurance & Advisory

Customized risk management and regulatory compliance solutions specifically designed to meet the needs of your organization, clients, donors, and regulators. Services include:

  • Advisory & Other
    • Internal Controls Assessment
    • IT & Cybersecurity Assessment
    • HIPAA Risk Assessment & Gap Analysis
    • Internal Audit Outsourcing & Co-sourcing
    • IT Framework Mapping
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401(k) Plan Management

Our affiliate, ML&R Wealth Management, provides retirement and 401(k) plan design and management for growing companies.

  • Fiduciary Compliance & Support
  • Investment Advisory Services
  • Personalized Employee Communications
  • Plan Design Consulting
  • Regulatory Compliance
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Partnering with ML&R to Achieve Your Nonprofit Goals

At Maxwell Locke & Ritter, we are more than just accountants and advisors to nonprofits; we are dedicated partners in your mission. Let ML&R provide a customized solution of assurance, tax, and consulting services to keep you in compliance while you focus on your organization’s core mission.