Marcum LLP
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Nonprofit & Social Sector - Consulting Services

 

Your cause is important, and we take it as seriously as you do.

Because a steep learning curve can be overwhelming, and there just may not be enough hours in the day, Raffa - Marcum’s Nonprofit & Social Sector Group’s consultants are available and prepared to help you solve problems, define objectives, achieve goals, reduce risks and maximize outcomes on a wide array of mission critical functions. Whether small or large, associations, foundations, NGOs and public charities could all use some outside input, supplementary expertise and moral support at least some of the time.

Nonprofits today face unprecedented challenges: a tough economy, changes in regulations, new technologies, the precarious balance of aligning day-to-day operations with the strategic mission of your organization, diminishing returns on portfolio investments – to name a few.

When your vision, strategic planning and programs align with research and evaluation, you are able to separate yourself from the crowd.

Our team of experienced, critical-thinking nonprofit advisors stand ready to provide guidance and a broad array of services.

LEARNING COMMUNITY
Learn from our experts.
Learn from each other.

VIEW CLASSES

 
Related Services:      Strategic Planning   |   Risk Management   |   Exit, Transition & Succession   |   Bankruptcy Support   |   Financial Modeling   |   Executive Compensation

Strategic Planning

Know where you want to go, but not quite sure how to get there? Marcum can help.

Marcum will work with your board, senior leadership, funders and clients to assess how your vision and strategies align across stakeholder groups. We serve as an impartial third party to strategically work through challenges and opportunities.

Our nonprofit and business experts work through critical questions that are often difficult to address:

  • What is the problem you are trying to solve and what role do you play in the solution?
  • How should you be measuring success?
  • Who do you need on your team to make your vision a reality?
  • Have there been external changes in the environment in which you do your work, and do these changes suggest a modification of your vision?
  • Can you demonstrate to your funders and other stakeholders that you are engaged in something important and are worthy of continued support?

Answering these and other strategic questions will put you on a path toward success. Marcum's team can help you identify the questions, the answers and the next steps to reach your goals.

As part of our strategic planning services, Marcum also works with clients to establish or revise governance policies - the procedures and controls overseeing management, staff, boards and volunteers to ensure a smoothly operating organization. Setting up an effective governance structure will help ensure proper management of staff and resources, legal and ethical integrity, ongoing financial viability and compliance with laws and regulations. Governance activities should also guide strategic decision making for the organization.

 

Risk Management & Compliance

Marcum works with our clients to review and establish a set of processes to identify, analyze and respond to risks that could harm their reputation, legal standing, tax status, contract or grant compliance or day-to-day technology infrastructure.

We help clients avoid risk by foreseeing and controlling situations that may adversely impact their organization. This includes setting up procedures to identify and ensure compliance with relevant laws and regulations, contract requirements and strategies and policies that apply to our clients.

Some specific services in this area include:

  • SOX process improvement.
  • Assistance preparing for the external audit, and acting as a liaison with the auditors.
  • Oversight and review of work performed by internal or outsourced resources.
  • Leadership on controls automation.
  • Guidance on creating an infrastructure to sustain ongoing compliance needs.
  • Training.
  • Internal audit.
  • Documentation and testing.
  • Controls automation.
  • Technology risk management.
  • Investment policy and performance monitoring.
  • Tax compliance.
Risk Management & Compliance
 

Exit, Transition & Succession

Exit, Transition &; Succession

Most owners sell or transition a business once in their life. We will help plan and manage an exit strategy, transition or succession of your company. Businesses sell for optimal prices when the economy is strong and a business has taken steps to present a favorable financial and operational environment. In order to leverage your position, buyers need to see strong financials supported by an organization that is not dependent on one or two people to continue to make the company successful.

The ETS Blueprint
This is the "master plan" which will vary based on your objectives. Our team will design a plan to address the financial, tax, human resource, insurance, investment and emotional needs to help guide you through the process.

Progress Meetings
We conduct formal review sessions to ensure the steps outlined in your blueprint are moving forward. The frequency and length of these meetings vary based on the progress being made on the steps and how close you are to putting the company up for sale or initiating a succession plan.

A Complete Service
Your Marcum team will provide, coordinate or identify:

  • A comprehensive strategy.
  • Conduct financial due diligence.
  • Identify a broker to help you sell to a qualified party.
  • Provide the tax, insurance and wealth management strategies.

Our Process

  • Establishes a baseline starting point.
  • Decides a transition path; family succession, sale to a third party, or a sale to employees.
  • Creates transition path timelines.
  • Or; consider reversing the process and use ETS to buy or merge a business into you.

Bankruptcy Support

When there is no other option, Marcum can support your organization through a structured bankruptcy. Marcum works with our clients through a bankruptcy process designed to protect assets, pay debts and, hopefully, establish a healthier organization or business on the other side.​

Financial Modeling

We assist clients with developing financial models to project cash flow, assess fundraising opportunities and analyze other financial outcomes as part of a strategic decision making process.

Our financial modeling services can help assess the financial implications of various options, assist in evaluating strategic initiatives and identify challenges and opportunities ahead of the organization.

Executive Compensation

What should you pay your top executives? What special benefits and compensation packages should they receive so that you are attracting and keeping top talent, and remaining competitive in your market space?

As experts in the nonprofit field, with professionals who develop, audit and provide excellent employee benefit plans, Marcum is uniquely qualified to help determine the appropriate level and type of compensation for your executive-level staff.

 

NONPROFIT AND SOCIAL SECTOR GROUP NEWSLETTER

Stay Informed about the Latest Developments in the Nonprofit Social Sector

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