Contact

Brian Giganti
(301) 834-2475 | email
CPA, Partner
John Eusanio
(646) 979-6091 | email
CPA CGMA, Partner & Not-For-Profit Practice Leader
Jenny E. Herrera
(240) 858-8774 | email
CPA, CGMA, Partner
Marc B. Sonnenberg
(631) 930-5614 | email
CPA, Partner
Alex Regan
(781) 817-1154 | email
CPA, Partner

Citrin Cooperman

301-654-9000

2 Bethesda Metro Center, 11th Floor, Bethesda, MD 20814 United States

About Us

With so many diverse and important missions, not-for-profit organizations are constantly seeking to balance the high demands for valuable services with the challenges of increased and complex regulatory compliance requirements, along with reduced government and/or public funding. This balancing act requires innovative, and often creative, solutions that will allow you to remain responsive to the needs of the community.  Citrin Cooperman’s dedicated Not-For-Profit Practice forms collaborative partnerships with nonprofit organizations that go beyond the compliance needs of the organization. The practice team is comprised of professionals who possess the specialized technical skill-sets to successfully address new and emerging accounting and regulatory requirements, and who are also extremely proactive, creative, and strategic thinkers.  We immerse ourselves into the programs of the organization to gain a unique perspective in order to help you focus on what counts: your mission. 

Citrin Cooperman partners and principals across the firm are actively involved in various professional associations, organizations, and their respective committees. While uncommon among accounting firms, we believe that active participation on boards of local not-for-profit organizations and national associations enhances our ability to serve our not-for-profit clients and demonstrates our commitment to providing excellent service to the not-for-profit industry.

As further evidence of our commitment to the not-for-profit community, Citrin Cooperman is an active member in various local and national organizations. 

THOUGHT LEADERSHIP

Citrin Cooperman’s Not-For-Profit Practice conducts webinars, educational seminars and roundtables, along with releasing publications related to the not-for-profit sector. These services are provided to our clients at no charge since we believe it is important to provide education and an open forum for the exchange of best practices to our clients. Examples of webinars/seminars/roundtables and publications are listed below. Articles and a listing of upcoming events are available on our website by clicking on the “Thought Leadership” tab.

Webinars

In response to the need for information and direction caused by the recent pandemic, Citrin Cooperman created a 5-part series on how not-for-profit organizations can meet the challenges created by this sudden and devastating event.  These webinars are available on our website and include the following topics:

Part 1 – Navigating the COVID-19 Crisis as a Not-For-Profit

Part 2 – Financial Reporting and Internal Control Considerations in the Remote Environment

Part 3 – Information Technology & Cyber Security Risk Awareness

Part 4 – Sustainability & Liquidity in a Crisis

Part 5 – Resiliency and Moving Forward Successfully

 

Educational Seminars and Roundtables

Citrin Cooperman provides educational seminars and programming throughout the year based on market demand and clients’ needs. Our Not-For-Profit Practice provides executive roundtable events in intimate settings of 15–20 attendees and can be customized exclusively for management and/or board of directors. Prior events covered topics including:

  • Revenue Recognition and New Financial Reporting Standards
  • Rethinking Your Investment Strategy and Governance Structure
  • What You Can Expect From an IRS Examination of Your Employee Benefit Plans
  • IT Systems: The Importance of Maintaining a Disaster Recovery Plan and Proper Systems Backups
  • Board Governance and Executive Compensation
  • Investment Governance and Oversight Tips
  • Navigating the Form 990
  • What Are Your Fiduciary Responsibilities?

Publications (Articles, Risk Alerts, and Checklists)

A sample of recent not-for-profit publications includes:

  • Is Your Not-For-Profit Considering Outsourcing its Accounting or CFO Function?
  • Technology Considerations for Not-For-Profits
  • New Lease Standard and Impact to Not-For-Profits
  • Interim Guidance for Exempt Organizations – Compensation Excise Tax
  • Proposed Data Collection Form Changes
  • Functional Expenses
  • Clarifications for Contributions Received and Contributions Made
  • The Makeover: Changes to Not-For-Profit Financial Statements
  • Understanding Cybersecurity Risks at Not-For-Profit Organizations
  • Promoting a Culture of Corporate Volunteerism Helps Retain Employees
  • What to Know About Charitable Auctions
  • Self-Dealing Risk Overview
  • Overtime Pay Expansion Blocked
  • Pitfalls of Reporting on Net Assets
  • What You Can Expect From an IRS Examination and How to Prepare for It Properly
  • Uniform Guidance on Federal Rewards
  • What Organizations Should Consider When Receiving Donated Goods, Services, and Facilities

CC EDGE

Citrin Cooperman Empowering Diversity and Gender Equality (CC EDGE) strives to establish within Citrin Cooperman a culture that enables each individual to create, within the business framework of the firm, the career that they want based on a safe, respectful and inclusive workplace that provides for equal opportunity, fairness and work-life flexibility. This culture change will be achieved by helping individuals develop success and market facing skills and by infusing an attitude of equality and diversity through firm awareness and outreach activities.

Our vision in creating CC EDGE is to begin an evolution in the culture of our firm that embraces these three important elements: Equal Opportunity and Fairness; Work-Life Flexibility; and a Safe, Respectful Workplace.  We believe strongly in the need for cultural change so that each individual can create the life and career they want for themselves while building a stronger future for the firm.  CC EDGE is a long-term strategy to create a firm environment that works for everyone.  It is not another initiative focused on achieving a short-term goal, or a check-the-box program for a specific group.  We are committed to fostering a change in both the day-to-day experiences and the career growth of everyone at Citrin Cooperman.