Evaluated by Comprehensive B Impact Assessment
Submitted by Raffa-Marcum’s Nonprofit & Social Sector Group
Today, Raffa, P.C. was recognized for creating extraordinary positive impact as a business and for creating governance structure to protect the mission of our business for the long term. The honors are based on an independent, comprehensive assessment administered by the nonprofit B Lab. Honorees are featured on B the Change, the digital Medium publication produced by B Lab, at bthechange.com/bestfortheworld.
Raffa is honored in the Best For The World Overall list, which includes businesses that earned scores in the top 10 percent of more than 2,400 Certified B Corporations across all categories on the B Impact Assessment. As the only Top 100 firm with more than 50% women owners, Raffa is the largest women-owned CPA firm in the United States and also the largest B –Corp certified CPA firm in the nation scoring in the top 10% of all B-certified organizations in the world.
The full B Impact Assessment measures a company's positive impact on its workers, community, customers and the environment. To certify as B Corporations, companies like Raffa must complete the full assessment and have their answers verified by B Lab. B Lab evaluates a company’s environmental performance, employee relationships, diversity, involvement in the local community, the impact a company’s product or service has on those it serves, and more.
The 226 Best For The World Overall honoree companies come from 92 different industries and 30 countries. B Lab simultaneously released separate lists recognizing top-performing B Corporations as Best For Environment, Best For Customers, Best For Governance, Best For Community and Best For Workers.
Honorees scoring in the top 10 percent of all B Corporations set a gold standard for companies using business as a force for good. Raffa exists to effect positive change in the world around us and made the list thanks to practices like being an exceptionally caring partner to our clients, creating a workplace that honors the individual passions and purpose of our employees and being a socially responsible corporate citizen in terms of our operations and our community impact and environmental footprint.
“Raffa’s deep commitment to building and empowering a diverse workforce and our continuous focus to help our staff find their own individual purpose is what helps us all become better people, not just better accountants.” said Tom Raffa, CEO of Raffa. “Every time someone chooses to work for or with Raffa, they are changing the world. At Raffa, we turn profits into progress and as such we feel proud to be recognized among the 2,400 Certified B Corporations across more than 150 industries and 50 countries, who are inspired and unified by one common goal: to also redefine success in business.”
As a B-Corp certified, majority women-owned, national Top 100 professional services advisory firm to nonprofits and socially-responsible businesses Raffa provides a wide array of services and back-office solutions to support and strengthen every aspect of their clients’ operations from tax, audit, accounting and HR administration, to IT services, benefits, and wealth management. With a mission to serve as a catalyst for positive systemic change, Raffa is about the people they serve, the relationships they nurture, the individual and collective contributions of their staff, and the myriad of actions they take for the betterment of the community.
B Lab is a nonprofit organization that serves a global movement of people using business as a force for good. Its vision is that one day all companies will compete not only to be the best in the world, but the best for the world and society will enjoy prosperity for all for the long term.
B Lab drives this systemic change by: 1) building a community of Certified B Corporations to make it easier for all of us to tell the difference between “good companies” and good marketing; 2) passing benefit corporation legislation to give business leaders the freedom to create value for society as well as shareholders; 3) helping businesses measure, compare and improve their social and environmental performance with the free B Impact Assessment; 4) driving capital to impact investments through use of its B Analytics and GIIRS Ratings platform.
For more information, visit http://www.bcorporation.net.
Raffa - Marcum’s Nonprofit & Social Sector Group’s strength and competitive edge lies in the fact that we provide expertise and superior service across a variety of essential interrelated financial, technology and consulting competencies. By embracing our client's vision and leveraging all of our talents, passion and resources to empower our clients, Raffa - Marcum's Nonprofit & Social Sector Group is able to fulfill its corporate mission to serve as a catalyst for positive systemic change in the community. Looking for the perfect interim CFO to help your organization address compliance requirements? Would it help to have external staff manage and provide your HR services? Would solid audit preparation, timely and accurate financial statements or new Federal Form 990 support help put your Board at ease? Is your organization ready to upgrade its accounting software or optimize its network performance? As your go-to-partner for compliance and operational excellence, Raffa - Marcum’s Nonprofit & Social Sector Group can help your organization manage all of your critical back office functions and free you up to remain focused on your mission. Services include: Accounting, Audit, Consulting, Employee Benefit Audits, Social Capital Advisory, and Tax.