Not-For-Profit
Not-For-Profit

The most important goal for any not-for-profit organization is to maintain the ability to carry out its mission. To do that, financial stability is a must. As the economy recovers, more and more growth opportunities present themselves to not-for-profit groups.

At Barfield, Murphy, Shank & Smith, our professionals are well-versed in the challenges facing not-for-profit organizations. We are determined to see that not-for-profits in the Greater Birmingham area remain financially sound and operationally efficient. Our engagement team will work closely with your directors and key staff members to focus on areas that are crucial to not-for-profit entities; donor scrutiny, regulatory compliance, funding and investment challenges and strategic planning.

An investment in Barfield, Murphy, Shank & Smith’s experience and expertise is a step towards a brighter and more secure future for your organization. Whether you are an advocacy group, professional membership association, private foundation, social service organization or a faith-based group, we will formulate a plan to keep your mission moving forward.

  • Accounting assistance
  • Budgeting/forecasting/projections
  • Internal control review
  • Accounting system selection
  • Education of board member fiduciary responsibilities
  • Form 990 Preparation
  • UBIT – Unrelated Business Income Tax
  • Audits, reviews, compilations and agreed-upon procedures
  • Executive compensation planning