Bay Area Electric Railroad
I served for 12 years as Executive Director for Bay Area Electric Railroad Association, a 501(c)(3) educational non-profit created to preserve and interpret the heritage of the railroads powered by electricity (such as MUNI and BART) in Northern California and throughout the Western U.S. During much of this time we used Connor Accountancy (Now called Innovative Solutions CPAs & Advisors) for our accounting needs. It’s pretty rare that people get excited about their accounting experience and yet they helped and supported us in so many ways that I must rave about them.First of all, all their work was timely. They never missed a deadline or provided us anything late and they were always responsive to our inquiries.They took a great deal of day to day work off our plate. They handled much of our regular business administration and kept us in compliance with the law. They filed all our federal, state and local sales and income tax filings accurately and on time and they helped us manage our payroll.They also worked with our outside auditing firm. Their work was seamless. This saved us at least a full-time work week worth of time and money per year because the audit team had to do much less testing and detective work. They came back with very few audit adjustments. This provided a high level of reassurance to me, to our board, to our staff, and our benefactors.They served in an advisory role for us as well. First they created customized reports with the financial information we really needed to make our business decisions. Then they adjusted the reports for specific circumstances, audiences, and needs such as for the board, or for donors. The reports were easily replicable for use at our monthly meetings. Second, they served as a sounding board for us and helped us understand the financial consequences of our business decisions. For example, they helped us define and evaluate which vendors we would work with. They also helped us choose the employee benefits and retirement plan we would provide after taking into account the size of our staff and our budget.Working with Innovative Solutions made a huge difference in the work I could do for the Railroad. Knowing that the underlying financial information I was using to guide my decisions was sound, freed me up to raise money and develop our public programs.To summarize, the ease of working with Innovative Solutions coupled with the consistent quality of work and the ongoing support allowed our non-profit to focus on its mission-critical functions and work towards achieving its exempt purpose.I highly recommend them to any non-profit.
Phil Kohlmetz, Former Executive Director, Bay Area Electric Railroad Association
It’s pretty rare that people get excited about their accounting experience and yet they helped and supported us in so many ways that I must rave about them.