Complex changes in financial reporting standards and regulations impact nonprofit organizations just as they do for-profit businesses. The seasoned nonprofit team at ARB understands the unique accounting and financial management challenges of your environment, and can deliver pragmatic advisory services regardless of your unique internal resources and capabilities.
ARB is active in the Nonprofit Advisory Community in New England.
How We Do It
We meet our nonprofit clients’ needs by being accessible and by offering savvy, sensible and warm-hearted financial advice. Our pragmatic and experienced team provides solutions that help nonprofits meet their regulatory obligations and move toward their goals while keeping their limited resources focused on fulfilling their mission.
Use the mandatory, public federal information return to tell those who use it about your organization’s successes and accomplishments, while staying compliant with your reporting obligations.
We understand the obstacles that can lead to institutional inertia. We can help facilitate goal focused meetings to ensure engagement and ownership in the direction of the organization.
How We're Helping Our Nonprofit Clients
Presentation of Financial Statements: Organizations need to learn to properly classify and record contributions, expenses and liquidity under the new financial statement presentation rules.
Internal Controls: Whether you’re lean on staff and everyone does two jobs, or are growing out of your office space, it’s important to review your internal control processes periodically to mitigate the opportunity for fraud.
Lease Standards: Nonprofits that lease the space in which they operate will need to understand and make appropriate changes before the 2020 implementation date of FASB’s (ASU) 2016-02 standard intended to increase transparency around leases.
Nonprofit Advisory Services Team Leaders
Jason LeBlanc, CPA
Nonprofit Advisory Services Practice Leader
Jason specializes in financial and compliance reporting for nonprofits and works closely with organizations ranging from private schools to youth organizations and beyond. He assists nonprofit organizations with strategic planning, development of internal control systems, implementation of accounting policies and practices, and other compliance issues including Uniform Guidance/OMB Circular A-133 and the State of Maine Uniform Accounting and Auditing Practices for Community Agencies (MAAP).