When separating into a stand-alone nonprofit, Connected by 25 realized they needed a partner with nonprofit and accounting expertise to help them understand exactly what they needed to know, ensuring their organization’s mission and vision would be financially supported.
MCCOY’s CFO left due to health-related reasons, and the organization leadership realized that too much information was no longer known. It was audit time and they needed someone with nonprofit and accounting experience to help – and fast.
To create better controls for day-to-day nonprofit accounting practices and to provide solid financial information to internal departments, auditors, funding partners and its board, Coburn Place sought a partner that not only had extensive knowledge of nonprofit accounting but could also navigate Coburn Place’s complicated tax credit practices and grant tracking requirements.