Financial Statements

To ensure the upmost propriety and integrity, the Central Susquehanna Community Foundation (“CSCF”) has its financial statements audited annually by an independent accounting firm.  For the past three years, the accounting firm of Maher Duessel Certified Public Accountants (“Maher Duessel”) has audited CSCF’s financial statements which are shown below for your review.  For these past three years, MD has issued the most favorable opinion possible (an unqualified opinion) stating that “the financial statements present fairly, in all material respects, the financial position of the Foundation and the changes in its net assets and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America”.

Maher Duessel is one of Pennsylvania’s leading certified public accounting firms in offering non-profit assurance, advisory, consulting and tax services.  Founded in 1989, the founding partners of Maher Duessel had a vision to focus on providing integrated assurance and tax services for non-profit organizations. Maher Duessel offers the personalized service of a regional accounting firm with the added value of nationally recognized technical expertise.

Maher Duessel’s mission statement, “Pursuing the Profession While Promoting the Public Good®” reflects the firm’s philosophy of providing expert technical services that help clients create a better community. While other firms provide services across numerous industries, Maher Duessel’s dedicated focus has enabled the firm to attract consummate professionals who have chosen to serve non-profits. These professionals have the expertise and training in non-profit accounting, non-profit auditing, and financial reporting procedures that these organizations must comply with.  Beyond its technical services, Maher Duessel takes a leadership role in making a difference to its clients and in the community through volunteer activities and board service. For further information, please visit Maher Duessel’s website, www.md-cpas.com.

 

Central Susquehanna Community Foundation

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CSCF has two affiliate organizations both of which are individually incorporated as 501c(3) charitable organizations.  The financial position and activity of these two organizations are already consolidated/included within the CSCF financial statements shown above.  However, since the two organizations are incorporate separately, they are required to maintain their own individual financial statements.  Their financial statements are also audited, reviewed or compiled annually by Maher Duessel as determined by requirements of the PA Bureau of Charitable Organizations and the wishes of the individual board of directors.  The financial statements of the two affiliate organizations are shown below.

Selinsgrove Area Community Foundation

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Sunbury Area Community Foundation

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