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Devotion to nonprofits and technology lifts Raffa to new heights
Wellington, D.C.-based Top OO CPA and business adisory firm Raffa has had a îchnology practice since the 1990s, but it's only more recently that it has discovered how new technology practices such as outsourced accounting and cloud computing are helping to better serve its primary client niche - government and traditional nonprofit entities.
Technologies aside, Raffa's deep commitment to the nonprofit sector - which accounts for nearly 75 percent of firmwide revenues and 55 percent of revenues from its technology unit - goes beyond the usual engagement and client meetings.
Nearly every member of the 220-plus practice is personally involved in one or more philanthropic endeavors, causes or organizations, according to firm technology partner Seth Zarny.
Zarny explained that Raffa has one of the highest numbers of donated hours to the nonprofit community compared to any other accounting firm in the D.C. Metro area.
"The staff involvement in activities that support the nonprofit comrnunity is unparalleled. Every Monday at the partner meeting, a question will come up about volunteering for a walk or fundraiser," added GIenn Anstead, senior manager of Raffa's technology unit. "It's one thing to donate money and promote, but you will see [managing partners! Tom and Kathy [Raffaj at the head of the line during a walk. When everyone sees the guys at the top volunteering their time, it's encouraging."
GROWTH THROUGH TECHNOLOGY
Though not necessarily looking to establish a national footprint, Raffa's recent foray into outsourcing and the cloud has been opening more possibilities to bring in business outside of its established regional presence, as well as to other...