Maximizing efficiency to allocate more to your mission
We understand that your organization’s mission is the spark that guides everything you do. Abdo finds the financial efficiencies that focuses your resources—and your energies—where they belong.
Abdo has provided accounting and consulting services to nonprofit organizations for half a century. Our specialized group of nonprofit accountants and consultants guide you through financial and operational challenges and offer clear direction on audit, tax, and accounting services as well as HR consulting and process improvement.
Our nonprofit team is passionate about their involvement in local communities and organizations, with many of our partners actively serving as board members for local nonprofit organizations. Our firm is also involved in several industry groups including the Minnesota Council of Nonprofits.
Guiding a Minnesota Nonprofit Through Turbulent Times
In early 2020, MRCI was in the midst of transitioning to a more sustainable community-based service model. Then COVID-19 struck, and government shutdowns forced MRCI to cease operations.
“In turbulent times, it’s critical to have someone on your team who can answer this question: Are we doing this correctly?”
—Brian Benshoof, MRCI CEO
A behind-the-numbers view of best practices and holistic thinking.
Constructive receipt is an IRS tax doctrine that dictates when employees should recognize income related to non-cash wages, including PTO. Learn about the specific implications for employers that offer PTO benefit payout or carryover.
You’ve figured out potential solutions and devised a plan for bringing them to life. Now, how do you make your change happen? Read this third in our Change Management Series to get tips for implementing a change.
“This year I celebrate my 24th nonprofit audit. I have been privileged to work with incredibly professional and intelligent people from four different firms; the team at Abdo tops them all. The collaborating way they approach their work results in the feeling of a true partnership. The intention of an annual audit is to ensure compliance and provide solutions to be better as an organization – we are better today due to our partnership with Abdo!”
Executive Director | HOPE 4 Youth