Wells, CPA LLC

Wells, CPA LLC Wells, CPA is a provider of accounting and auditing services to small and medium size entities.

As owner of Wells CPA I enjoy helping businesses exceed in their financial potential. I'm a leader in the market of non-profit audit work and business financial planning. I specialize in helping you find opportunities and can assist you in customizing your financial business plan.

Should your nonprofit adopt (or revise) term limits for board members? While not required, they can enhance governance b...
06/23/2026

Should your nonprofit adopt (or revise) term limits for board members? While not required, they can enhance governance by allowing for fresh perspectives, more collaborative decision-making and broader community engagement. But they also risk losing institutional knowledge and require ongoing recruitment. The best approach depends on your organization’s size, structure and strategic goals. If your organization is evaluating board term limits or considering other governance changes, we can help you assess the implications, identify potential risks and design policies that align with best practices. Contact us to get started.

Natural disasters and unexpected disruptions can threaten your nonprofit’s operations and financial stability. A proacti...
06/17/2026

Natural disasters and unexpected disruptions can threaten your nonprofit’s operations and financial stability. A proactive disaster plan — focused on risk assessment, cash flow, internal controls and data protection — helps ensure continuity when it matters most. We can help assess your organization’s financial risks, strengthen internal controls and build a disaster plan tailored to your nonprofit that supports both operational and financial resilience.

Longstanding nonprofits often benefit from stability, strong funding and loyal supporters. But longevity brings its own ...
06/08/2026

Longstanding nonprofits often benefit from stability, strong funding and loyal supporters. But longevity brings its own challenges. A common one is “founder’s syndrome.” As nonprofits grow, leadership needs evolve. Yet founders and other long-tenured leaders may struggle to relinquish control or adapt to changing organizational needs. Addressing this requires open dialogue, clear governance policies and a willingness to prioritize the organization’s future over individual roles. By watching out for challenges like this and tackling them, you can keep your mature nonprofit on target.

When a nonprofit’s finance committee functions effectively, it does more than monitor budgets and financial statements —...
05/28/2026

When a nonprofit’s finance committee functions effectively, it does more than monitor budgets and financial statements — it strengthens the organization’s overall governance. An effective finance committee generally should be involved in: 1) board communication about finances, 2) budgetary planning, 3) financial reporting, 4) internal controls, and 5) financial resource administration. If an organization doesn’t have a separate audit or investment committee, it should be involved with those functions as well. Contact us for help. We can review your finance committee’s structure and suggest possible improvements.

Nonprofit organizations often juggle multiple programs, funding sources and staffing structures, making accurate time tr...
05/19/2026

Nonprofit organizations often juggle multiple programs, funding sources and staffing structures, making accurate time tracking essential. Furthermore, federal and state wage and hour laws require certain records be kept, and grantmakers may impose additional reporting standards. But strong timekeeping practices do more than satisfy compliance requirements. With accurate data, organizations can better evaluate program costs, improve budgeting and make informed decisions about future initiatives and funding opportunities. If you have questions about timekeeping best practices or software, we can help.

Accountability may sound like a management buzzword, but when nonprofits embrace it, it can transform the organization. ...
05/13/2026

Accountability may sound like a management buzzword, but when nonprofits embrace it, it can transform the organization. The process begins with leaders who own their outcomes (whether successes or setbacks) and prioritize ethical conduct, top-down governance and transparent communication. This proactive culture of accountability ripples throughout the organization, strengthening trust, improving collaboration and boosting mission-driven results.

Most nonprofits begin with a deep commitment to serving a mission, not a love of financial management. Yet as organizati...
05/05/2026

Most nonprofits begin with a deep commitment to serving a mission, not a love of financial management. Yet as organizations grow, financial oversight becomes increasingly complex and critical. This often leads to an important question: Is it time to hire a chief financial officer (CFO)? The answer depends on your organization’s size, structure and strategic direction. If your nonprofit needs advanced financial oversight but lacks the size or complexity to justify a full-time CFO, outsourcing may be an effective alternative. Contact us to help assess your organization’s needs and determine the right path forward.

Tension between Accounting and Development teams is more than a simple workplace issue. It can have real financial conse...
04/30/2026

Tension between Accounting and Development teams is more than a simple workplace issue. It can have real financial consequences for a nonprofit organization. Misaligned processes and poor communication can affect financial reporting, compliance and even grant funding. Strengthening coordination between these departments may require refining procedures and fostering collaboration. Regular reconciliations, clear communication and defined procedures help both teams stay coordinated so your nonprofit can protect funding and pursue its mission. We can assist in designing and implementing a collaboration framework that helps ensure your Accounting and Development teams work together effectively.

Enterprise risk management (ERM) isn’t reserved for global organizations with massive budgets. Nonprofits of all sizes c...
04/21/2026

Enterprise risk management (ERM) isn’t reserved for global organizations with massive budgets. Nonprofits of all sizes can build and benefit from an ERM program just the same. At its core, ERM helps organizational leaders identify, prioritize and mitigate the risks most likely to disrupt their nonprofit’s mission. And whether your organization has a handful of staff or multiple departments, the right ERM approach can help you focus your limited time and resources on what matters most. Contact us to learn more.

Your nonprofit receives donations of tangible property (clothing, household goods, artwork, etc.). Great news! Then come...
04/13/2026

Your nonprofit receives donations of tangible property (clothing, household goods, artwork, etc.). Great news! Then comes the challenging part: assigning the right value to these noncash donations. Most tangible property donations are recorded at fair market value (FMV). Some factors considered in an FMV estimate are property condition, comparable sales, use restrictions and replacement value. Understanding the basic rules and navigating specific requirements helps support accurate financial reporting and donor tax compliance. Contact us for help assigning values with greater confidence and consistency.

Address

215 N Front Street Suite 110
Columbus, OH
43229

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 2pm
Sunday 8am - 9pm

Telephone

+16143968974

Website

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