What Franklin & Franklin does

Franklin & Franklin, PA is a family-owned certified public accounting firm based in Matthews, North Carolina, serving clients primarily in North Carolina and South Carolina. Founded by John A. Franklin in 1986 and reorganized in 2004 as a multi-generational professional association with his son Matthew A. Franklin, the firm employs roughly 5-6 staff (two licensed CPA owners plus three support personnel) and operates from a single office location. Its core service lines are tax return preparation (approximately 600 returns annually), consulting and advisory services covering business start-ups, financial planning, and accounting systems reviews, and monthly/quarterly accounting and financial statement compilations for a small base of ongoing clients. It has historically also performed audited and reviewed financial statements for churches and nonprofit organizations (around 40 engagements per year), but this line has been formally referred to partner firms Bernard Robinson & Company and Foard & Co.

The firm's customer base spans four segments: individuals, small businesses, churches, and nonprofit organizations, with stated experience across 'hundreds of clients' over its 38-year history. It derives revenue on a professional services basis via quote-based, engagement-by-engagement pricing with no publicly disclosed fee schedules. The firm does not offer any proprietary technology platforms, software products, mobile applications, or AI-driven tools, relying on standard CPA accounting and tax preparation software. Marketing is modest: a content-enabled website with downloadable client resources (engagement letters, worksheets, financial data updates) supplemented by word-of-mouth referrals and professional network channels within the Charlotte/Matthews religious and nonprofit community.

Strategically, the firm is in a contraction posture: in 2025 founder John A. Franklin transitioned to partially retired status while continuing in an advisory and tax preparation role, and the audit/review line has been exited in favor of partner referrals. The firm's stated competitive advantages are its specialized church and nonprofit accounting expertise, Christian-principles-based practice philosophy, and long-tenured local relationships — none of which are technology-mediated.

Name

Franklin & Franklin

Legal name

Franklin & Franklin, PA

Website

https://franklincpas.net

Company type

Private

Founded year

1986

Operating status

Operating

Short description

Franklin & Franklin, PA is a family-owned CPA firm in Matthews, NC providing tax return preparation, consulting and advisory services, and monthly accounting for individuals, small businesses, churches, and nonprofit organizations in North and South Carolina.

Ownership category

akta.pro rank

Headquarters

HQ city

Matthews

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Tax Return Preparation: Fee-based tax return preparation for individuals, small businesses, and nonprofit organizations. Revenue generated through per-return fees for annual tax filings.
2. Consulting and Advisory Services: Ongoing consulting and advisory services for business start-ups, financial planning, and review of accounting systems. Includes representation before the IRS and assistance with tax matters for churches and pastors.
3. Accounting and Financial Statement Services: Monthly accounting and financial statement compilations for small businesses and churches. Previously included audited and reviewed financial statements, now referred to partner firms.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Franklin & Franklin, PA is a tax and advisory CPA firm that prepares federal and state tax returns for individuals, small businesses, and nonprofit organizations and provides related consulting, financial planning, monthly accounting, financial statement compilations, and IRS representation. The firm specializes in church and nonprofit accounting, while audit and review engagements are now referred to partner CPA firms.

Product overview

Franklin & Franklin, PA is a tax and advisory services firm that operates as a single-service accounting practice rather than a platform-plus-modules architecture. The firm offers four interconnected core service areas: Tax Return Preparation for Individuals, Small Businesses, and Nonprofit Organizations; Consulting and Advisory Services covering business start-ups, financial planning, and accounting systems review; Monthly Accounting and Financial Statement Compilations for Small Businesses and Churches; and Audit and Review Services for Churches and Nonprofit Organizations. Services are provided to clients in North Carolina and South Carolina, with over 50 years of combined professional experience. The firm operates from a single office location in Matthews, NC and does not offer any separate branded products, modules, or software products.

Differentiator

Problem solved

Functional benefit

Products and services

• Tax Return Preparation Services Federal and state tax return preparation for individuals, small businesses, and nonprofit organizations, including identification of valuable deductions and audit protection.
• Consulting and Advisory Services Professional financial consultation covering business start-ups, financial planning, and reviews of existing accounting systems and solutions, including in-depth analysis for cost savings and financial stability.
• Monthly Accounting and Financial Statement Compilation Services Monthly and quarterly accounting plus financial statement compilations for small businesses and churches (historically also provided for churches and nonprofit organizations).
• Audit and Review Services Historically provided audited and reviewed financial statements for churches and nonprofit organizations used for lending and grant requirements and to assure entity integrity and accountability; this work is now referred to partner firms Bernard Robinson & Company and Foard & Co.
• IRS Representation Services Representation of clients before the Internal Revenue Service for tax matters.

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered minor.

• Bernard Robinson & Company (BRC)minorChannel Partner/ Reseller/ DistributorLocal CPA firm to which Franklin & Franklin refers church and nonprofit audit, review, and compilation work. Contact: Ben Ripple. This partnership allows Franklin & Franklin to focus on core tax and consulting services while providing clients access to specialized audit services.
• Foard & Co.minorChannel Partner/ Reseller/ DistributorLocal CPA firm to which Franklin & Franklin refers church and nonprofit audit, review, and compilation work. Contact: Terry Lancaster. This partnership allows Franklin & Franklin to focus on core tax and consulting services while providing clients access to specialized audit services.

Scale indicators5 records

Recent moves4 records

Expansion highlights2 records

Regional players

• Smith Leonard PLLC: North Carolina-based regional CPA firm offering tax, audit, and advisory services to businesses and individuals across the Carolinas. Comparable in regional Carolinas footprint and small/mid-market client mix, though broader in service scope than Franklin & Franklin.
• Blackman & Sloop CPAs PA: North Carolina-based CPA firm serving individuals, businesses, and nonprofit organizations across the Carolinas. Comparable in regional Carolinas focus and small/mid-market client profile, though broader in service scope including attest services that Franklin & Franklin has discontinued.

Direct peers

• Bernard Robinson & Company: Local Charlotte-area CPA firm to which Franklin & Franklin refers church and nonprofit audit, review, and compilation engagements. Directly comparable in size, geography, and nonprofit/client mix, making it the closest head-to-head competitor for tax, advisory, and nonprofit work in the same metro.
• Capin Crouse LLP: National CPA firm exclusively focused on churches, ministries, and nonprofit organizations. Closely comparable to Franklin & Franklin's nonprofit/church specialization, though operating at a larger national scale; serves the same client archetype with audit, tax, and consulting.
• Foard & Co. North Carolina-based CPA firm that receives Franklin & Franklin's referred audit and nonprofit work. Comparable in regional focus and small-firm service model, serving overlapping small business and nonprofit clients in the Carolinas.

Broad incumbents

• Cherry Bekaert LLP: Top-30 U.S. accounting and advisory firm with a strong Carolinas presence serving middle-market companies, nonprofits, and individuals. Comparable service lines (tax, advisory, audit for nonprofits) but operates at significantly larger scale and broader geographic reach than Franklin & Franklin.
• Sikich LLP: National accounting, tax, and advisory firm with a dedicated nonprofit practice serving churches and faith-based organizations. Comparable nonprofit/church specialization to Franklin & Franklin's niche, but with broader service offerings, multiple offices, and significantly larger scale.
• FORVIS (formerly Dixon Hughes Goodman): Top-10 U.S. accounting firm formed from the merger of Dixon Hughes Goodman (a Charlotte-headquartered firm) and BKD. Comparable in Carolinas concentration and full-service tax/audit/advisory model, but at a national scale that competes for the same mid-market and nonprofit clients.

Market position

Strengths2 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Franklin & Franklin