Not-for-Profit

Not-for-profits today face more scrutiny, financial challenges, compliance requirements and demands for outcomes than ever before. They need a partner who not only understands the not-for-profit landscape but also offers actionable advice for nonprofit leaders to fulfill their vision and fiduciary responsibilities.

At Sax, we let you focus on your mission while we address the operational and financial obstacles that stand in the way of achieving it. We provide accounting, tax and consulting solutions tailored to the needs of not-for-profit organizations:

  • Financial Reporting
  • Auditing (including single audits under OMB Uniform Guidance)
  • Tax Planning and Preparation
  • Risk Management
  • Governance Best Practices
  • Internal Controls
  • Cash Flow Forecasting
  • Workflow Efficiencies (i.e. Lean)

In addition to these standard services, our Not-for-Profit Industry Service Team members use their depth of experience and expertise to educate and consult clients on key areas that are critical to their organization’s success.

We call it moving from Fist to Five.


Fist to Five

Fist to Five is a proprietary process that brings together the latest tools and best practices to evaluate not-for-profits in the following key areas:

  • Vision
  • Financial Health
  • Accountability
  • Organic Infrastructure
  • Presence

The evaluation process results in a “scorecard” and executive summary that guide management and board members through the ratings given to their organizations. On a scale of 1 to 5, anything below a 3 would indicate where improvement is needed.

After the evaluation phase, our advisors help clients develop an Action Plan for addressing areas of weakness, as well as solutions for executing that plan.

Fist to Five is also a movement that continues well beyond the evaluation process. Our team is committed to advancing and supporting the not-for-profit community through educational seminars, thought-provoking speakers, and useful online resources. Visit www.Fist2Five.com to keep up with our bloggers, podcasts, authors, event schedule and more.