Batts Morrison Wales & Lee

What Batts Morrison Wales & Lee does

Batts Morrison Wales & Lee, P.A. (BMWL) is a privately held professional services CPA firm founded in 2006 and headquartered in Orlando, Florida, with a second office in Dallas (Plano), Texas opened in April 2018. The firm was founded by Mike Batts, Kim Morrison, Michele Wales, and Mike Lee on the premise of providing professional accounting services exclusively to nonprofit organizations. BMWL serves six distinct nonprofit verticals across the United States and internationally: churches and ministries, charities, trade and professional associations (501(c)(6)), private schools, foundations, and film and media organizations — covering client sizes from small foundations to organizations with asset bases of several hundred million dollars.

BMWL offers a unified suite of professional services rather than technology products. Core offerings comprise Audit & Assurance Services (audit, review, compilation, internal control, and tax compliance advisory); Tax Services (Form 990/990-T preparation, tax-exempt status applications, IRS reclassification, regulatory determinations); Strategic Advisory Services (financial staffing guidelines, board education, strategic budgeting); Lean Advisory Services (operational efficiency consulting); Expert Witness Services (nonprofit-related litigation support); and Client Resources (a content library of Special Alerts, OnPoint feature articles, annual inflation updates, sample policies, whitepapers, and published books such as Mike Batts' 'Nonprofit Financial Oversight'). The technology stack consists of standard accounting and audit platforms for nonprofit financial reporting and compliance; the firm does not disclose proprietary technology, APIs, or AI/ML systems.

The business model is straightforward professional-services billing on a per-engagement basis, with no publicly disclosed pricing. Revenue flows across five service streams (Audit & Assurance, Tax, Strategic Advisory, Lean Advisory, and Expert Witness Services), all from nonprofit clients. Go-to-market is sales-led, driven primarily through content marketing: over 160 Special Alerts, the Nonprofit OnPoint feature articles, published books, web briefings, and industry events. The firm's brand 'CPAs for Nonprofits℠' is a registered service mark, and the firm has cultivated recognition as a national specialist in a sector dominated by generalist CPA firms. The founding partner group has grown to at least eight partners via internal promotions (Dale Houser and Danny Johnson in 2018, Kaylyn Varnum in 2019, Steve Cardwell in 2025), and ownership remains with the partners — no external investors, private equity, or parent-company ownership is indicated.

Name

Batts Morrison Wales & Lee

Legal name

Batts Morrison Wales & Lee, P.A.

Website

https://nonprofitcpa.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Batts Morrison Wales & Lee (BMWL) is a private Orlando-based CPA firm that delivers audit, tax, and advisory services exclusively to U.S. nonprofit organizations, including churches, charities, associations, private schools, foundations, and film/media groups.

Ownership category

akta.pro rank

Headquarters

HQ city

Orlando

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Audit & Assurance Services: Audit, review, and compilation services for nonprofit organizations including internal control and tax compliance advisory services.
2. Tax Services: Tax compliance services including Form 990, Form 990-T, and other return services, as well as tax advisory services for obtaining tax-exempt status, IRS reclassification, and regulatory determinations.
3. Strategic Advisory Services: Financial staffing guidelines, board member education and orientation, strategic budgeting, and other advisory services.
4. Lean Advisory Services: Operational efficiency consulting services for nonprofit organizations.
5. Expert Witness Services: Expert witness services for legal proceedings involving nonprofit organizations.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Batts Morrison Wales & Lee is a national CPA firm that provides audit, tax, and advisory services exclusively to nonprofit organizations, including churches, charities, associations, private schools, foundations, and film/media organizations. Core offerings include Audit & Assurance Services, Tax Services (including Form 990 and 990-T preparation), Strategic Advisory Services, Lean Advisory Services, Expert Witness Services, and a Client Resources library of Special Alerts and educational publications.

Product overview

Batts Morrison Wales & Lee (BMWL) is a national CPA firm offering a unified suite of professional services exclusively for nonprofit organizations. The core service portfolio includes Audit & Assurance Services, Tax Services, Strategic Advisory Services, Lean Advisory Services, Expert Witness Services, and Client Resources. The firm serves diverse nonprofit sectors including churches & ministries, charities, associations, private schools, foundations, and film & media organizations. BMWL also provides educational publications like the Nonprofit Financial Oversight book and maintains a resource library of Special Alerts and whitepapers. BMWL is not a software/technology product company and does not offer API-based products.

Differentiator

Problem solved

Functional benefit

Products and services

• Audit & Assurance Services

Named customers1 record

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Wagenmaker & OberlyminorOthersWagenmaker & Oberly is a national law firm specializing in nonprofit legal counsel that has collaborated with BMWL on content, including a GDPR introduction article for nonprofits. This is a content collaboration rather than a formal business partnership.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Plante Moran: Large national accounting and advisory firm with a dedicated nonprofit practice serving healthcare, higher education, foundations, and associations. Overlaps with BMWL on audit, tax, and advisory for exempt organizations at larger scale.
• Calvetti Ferguson: Mid-market CPA firm with a dedicated Nonprofit Practice serving churches, charities, schools, and foundations. Directly comparable peer to BMWL in subsector focus and service range at similar firm size.
• BDO USA: Global accounting network with U.S. member firm operating a dedicated Nonprofit & Education Practice. Competes for larger nonprofit engagements where BMWL's 11-50 employee headcount may constrain capacity.
• Wipfli: Top-25 U.S. accounting firm with a Nonprofit & Government Practice serving religious organizations, foundations, and associations. Regional-to-national scale competitor to BMWL with comparable subsector coverage.
• CohnReznick: Top-30 accounting firm with strong nonprofit and tax-exempt organization practice. Provides audit, tax, and advisory services to foundations, religious organizations, and associations — overlapping directly with BMWL's service offerings at greater scale.
• Withum: National accounting and advisory firm with a Not-for-Profit Practice serving religious organizations, foundations, associations, and private schools. Comparable to BMWL given shared client segments and service mix at somewhat larger scale.
• Eide Bailly: Top-20 U.S. accounting firm with a dedicated Nonprofit Practice serving foundations, associations, religious organizations, and other exempt entities. Broad incumbent competing with BMWL on mid-market and larger nonprofit engagements, especially after absorbing Tate & Tryon.

Direct peers

• Tate & Tryon (Eide Bailly Nonprofit): Historically a nonprofit-specialist CPA firm serving associations and foundations, now operating within Eide Bailly's Nonprofit Practice. Direct peer to BMWL with overlapping nonprofit-only specialization, particularly for associations and foundations.
• CapinCrouse: National CPA firm dedicated exclusively to nonprofit organizations, providing audit, tax, and advisory services to churches, charities, foundations, and other tax-exempt entities. Closest direct peer to BMWL given similar nonprofit-only specialization, comparable service mix, and overlapping subsector coverage.
• Raffa (now part of Marcum): Originally a nonprofit-specialist CPA firm whose practice was absorbed into Marcum. Direct comparable peer serving similar nonprofit client base with audit, tax, and advisory services at greater scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Batts Morrison Wales & Lee