Tate & Tryon has a proud tradition of leadership and commitment to the nonprofit community. We are firmly committed to sharing our knowledge and resources with the communities in which we do business, for example:
Summer Intern Learning Program: Several years ago, Tate & Tryon launched a pilot learning program for summer interns in partnership with several small charitable organizations. This 10-week program is designed to provide accounting student interns with hands-on experience working in a nonprofit accounting office. The program has provided pro-bono services ranging from internal control documentation to audit preparation.
Nonprofit CFO of the Year Awards: Tate & Tryon is a co-founder and host of the Nonprofit CFO of the Year Awards luncheon which is an annual awards program founded in 2006 to honor nonprofit CFOs in the Greater Washington area who demonstrate operational excellence, outstanding leadership in financial management, and a commitment to enhancing accountability and financial reporting. The Awards Luncheon is held in conjunction with the Greater Washington Society of CPAs Annual Not-for-Profit Organizations Symposium, which has drawn an attendance of nearly 600 industry and private practice financial professionals each year. For more information, please visit the event Web site at www.nonprofitCFOaward.com.
ASAE - The Center for Association Leadership: In addition to financial support, we provide significant pro bono tax services. For example, we frequently assist ASAE in drafting comments on proposed tax legislation, as well as IRS regulations and procedures. More recently, we helped ASAE draft comments regarding the newly-revised Form 990 and instructions. We also worked extensively with ASAE in connection with the “supporting organization” provisions of the Pension Protection Act of 2006, to the extent they applied to business leagues. We not only assisted ASAE with the Act as originally passed, we helped ASAE lobbyists provide technical information to House Ways and Means Committee staffers regarding proposed technical corrections to the Act that would be beneficial to associations.
Volunteer Work and Service: The Firm is a proud participant and supporter of the Delcor 10th Annual.org Food Drive. Through the food drive, the Firms' staff contributes both food and cash that is used to support the Capital Area Food Bank (CAFB). CAFB supports the needy in the Washington Metropolitan Area by distributing over 27 million pounds of food each year.
Boards and Councils: Several Firm Partners serve on nonprofit boards and councils, for example: Charles Tate, the Firm’s Managing Partner, is a member of the ASAE Public Policy committee. He is also a past President of the Greater Washington Society of CPAs. Michael Tryon, Senior Partner, serves on the board of directors for the Finance & Administration Roundtable, and sits on the audit committees for the Council on Foundations (COF) and the American Academy of Physician Assistants (AAPA). Anna Hofmeister is member of ASAE’s Consultants Section Council and a past Chair of ASAE’s Finance and Business Operations Section Council. Jeff Stefan serves on the Board of Directors for Safetek Concepts, Inc and is a member of the Finance Committee of the Lakewood Country Club. Doug Boedeker is a member of the Financial Accounting Standards Board's (FASB) Not-for-Profit Resource Group and has served as the Treasurer of the Rotary Club of Washington, DC. Jacqueline Bryant serves on the Board of Governors for the Greater Washington society of CPAs.
Guide to the New Form 990: A major issue recently faced by the nonprofit sector is the significantly revised IRS Form 990. In recognition of Tate & Tryon’s long history of leadership in the area of nonprofit taxation, ASAE requested the Firm’s exempt organization tax specialists to write an extensive guide to the revised Form 990, which now serves as a handbook for the nonprofit community as they work through the intricacies of the new form.