Through a decade-long partnership, GHJ has delivered tailored audit services and strategic guidance to enhance internal processes, achieve financial growth and set up the organization for long-term success.
HIGHLIGHTS
- Provided tailored nonprofit audit services to meet the organization's unique needs.
- Guided the organization as it explored alternative investments and unrelated business income.
- Collaborated on internal processes and succession planning to lay the groundwork for future success.
BACKGROUND
Children’s Institute Inc. (CII) supports children and families through early education and youth programs, counseling services, parenting support, workforce and community leadership development and advocacy and has worked with GHJ for over 10 years.
GHJ'S APPROACH
GHJ's aims to be a one-stop solution by proactively identifying and addressing needs beyond audit work to support CII's growth and success. GHJ’s Nonprofit Practice has served as trusted advisors and provided operational support through leadership changes, training and general business advice.
While GHJ primarily provides audit services for CII, throughout the many years of working together, this partnership has evolved. CII consults GHJ beyond their audit services trusting the firm to address additional needs as they arise.
GHJ’s Nonprofit Tax Practice assisted CII when it expanded to hire employees outside of California. The team has also provided guidance on a variety of tax-related topics, including alternative investments, unrelated business income and commercial co-ventures.
In 2018, GHJ’s Growth Planning and Strategic Advisory Practice evaluated CII's internal processes and succession planning to lay the groundwork for future success.
RESULTS
GHJ's comprehensive support has helped support CII's growth and success. Because of their long-standing partnership, GHJ has a deep understanding of CII’s goals and objectives. This knowledge coupled with GHJ’s range of service offerings, including audit, advisory and recruiting, GHJ has streamlined processes and enhanced efficiency for CII.
"GHJ's comprehensive approach and expertise have been invaluable to our organization. They not only deliver exceptional audit services but also provide additional support when needed, making them a true partner in our success," said CII CFO Will Covington. They not only deliver exceptional audit services but also provide additional support when needed, making them a true partner in our success," said CII CFO Will Covington. "Beyond their client service, GHJ has held trainings for my staff, shared thought leadership and hosted networking events with nonprofits to keep me and my team updated on the industry."
Incorporating additional services beyond the audit engagement has enabled CII to benefit from a holistic approach that addresses their needs. GHJ's proactive identification of opportunities to add value demonstrates GHJ’s commitment to meeting and exceeding clients' expectations and empowering them to achieve their goals.
