Mig Murphy Sistrom, CPA, PC

What Mig Murphy Sistrom, CPA, PC does

Mig Murphy Sistrom, CPA, PC is a New Jersey-based professional accounting firm that provides accounting, tax, and advisory services exclusively to nonprofit organizations. Its service offering, branded under Haefele Flanagan as the Nonprofit Accounting & Advisory Services (NAAS) suite, covers frontline bookkeeping, financial analysis and reporting, grant reporting, interim and year-end close, financial statement preparation, Form 990 / 990-EZ / 990-T and Forms 1023/1024 tax preparation, IRS compliance, advisory CFO services, budgeting and forecasting, software selection and implementation, internal controls assessment, audit preparation, governance and board support, and customized training for bookkeepers, financial managers, and boards. The practice serves a single vertical — charitable organizations, foundations, social service entities, and other tax-exempt bodies — concentrated in New Jersey.

The firm operates as a professional corporation (CPA, PC) delivering engagement-based professional services, with no disclosed proprietary technology platform beyond standard accounting software consulting (notably QuickBooks) and the firm's own accounting system design and policies-and-procedures work. Pricing is not publicly disclosed and is scoped per engagement. The go-to-market was historically direct-to-client professional services; following the February 20, 2026 acquisition by Haefele Flanagan, the practice is distributed through the acquirer's website, careers page, and social channels (LinkedIn, Facebook, Instagram, X, Google Business Profile).

Mig Murphy Sistrom, the founder, now serves as Director of Nonprofit Accounting & Advisory Services at Haefele Flanagan, and the practice operates out of Haefele Flanagan's Tall Oaks Corporate Center office at 1000 S. Lenola Rd., Building 2, Suite 200, Maple Shade, NJ 08052. The entity is no longer operating as an independent company and has been absorbed into Haefele Flanagan's Nonprofit industry vertical.

Name

Mig Murphy Sistrom, CPA, PC

Legal name

Mig Murphy Sistrom, CPA, PC

Website

https://nonprofitcfo.cpa

Company type

Private

Operating status

Acquired

Short description

Mig Murphy Sistrom, CPA, PC is a New Jersey-based professional accounting firm providing accounting, tax compliance, and advisory services exclusively to nonprofit organizations, now operating as Haefele Flanagan's Nonprofit Accounting & Advisory Services division following its February 2026 acquisition.

Ownership category

akta.pro rank

Product category

Nonprofit Accounting Services

NAICS

Offices of Certified Public Accountants (541211)

akta.pro primary industry

Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)

akta.pro secondary industry

Fund Accounting & NAV Services (Asset Servicing) (FSAAAOAF)

Keywords

• Nonprofit accounting services
• Form 990 tax preparation
• Financial advisory services
• Audit preparation support
• Grant management accounting

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Professional Services Revenue: Revenue generated from providing accounting, tax preparation, and advisory services to nonprofit organizations. Includes ongoing bookkeeping, financial statement preparation, audit support, and strategic advisory engagements.

Go-to-market motion1 record

Core offering

Mig Murphy Sistrom, CPA, PC is a professional accounting firm that provides specialized accounting, tax, and advisory services to nonprofit organizations. Its Nonprofit Accounting & Advisory Services (NAAS) offering delivers wraparound financial operations support, including bookkeeping, financial statement preparation, Form 990 tax filing, grant reporting, audit preparation, budgeting and forecasting, governance support, and CFO advisory services. The firm was acquired by Haefele Flanagan in February 2026 and now operates as that firm's Nonprofit Accounting & Advisory Services division.

Product overview

Mig Murphy Sistrom, CPA, PC operates as a professional accounting firm specializing in nonprofit accounting and advisory services. The firm was acquired by Haefele Flanagan in February 2026, with Mig Murphy Sistrom serving as Director of Nonprofit Accounting & Advisory Services. The primary service offering is the Nonprofit Accounting & Advisory Services (NAAS) suite, which provides wraparound financial operations support for nonprofit organizations including bookkeeping, financial analysis, grant reporting, CFO advisory services, tax preparation, and compliance support.

Differentiator

Problem solved

Functional benefit

Products and services

• Nonprofit Accounting & Advisory Services (NAAS)

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• FORVIS: Top-10 U.S. accounting firm resulting from the merger of BKD and Dixon Hughes Goodman, with a dedicated nonprofit industry group offering audit, tax, and advisory. Overlaps with the subject firm on nonprofit services but operates at far larger scale.
• CohnReznick: Top-30 national CPA firm with a recognized nonprofit practice offering audit, tax, advisory, and technology solutions to charities and foundations. Comparable in serving nonprofit clients but at materially greater scale and breadth.
• BDO USA: Global accounting and advisory network with a sizable U.S. nonprofit practice serving charities, foundations, and associations. Provides the same core services as the subject firm (audit, tax, advisory, Form 990) but as part of a much broader portfolio.

Direct peers

• Blue & Co. Regional CPA and advisory firm with a strong nonprofit healthcare and charity practice. Comparable in size and specialization, providing audit, tax, and outsourced accounting to nonprofit organizations in the Midwest and Mid-Atlantic.
• Johnson Lambert: National CPA and advisory firm specializing in nonprofit, insurance, and employee benefit plan audits. Highly comparable as a vertically specialized accounting firm serving nonprofit clients with audit, tax, and advisory services.
• Haefele Flanagan: Acquirer and parent of Mig Murphy Sistrom, CPA, PC. A New Jersey-based full-service accounting and advisory firm whose nonprofit service line now incorporates the subject company; directly comparable in professional services model and client overlap.
• PKF O'Connor Davies: Top-20 U.S. accounting and advisory firm serving nonprofit organizations with audit, tax, and advisory services. Comparable in offering full-service accounting to nonprofits with a stronger New York/New Jersey regional presence.
• Clark Nuber (FORVIS): CPA and advisory firm historically focused on nonprofit and healthcare sectors, now part of FORVIS. Directly comparable as a firm with deep nonprofit accounting expertise, including Form 990, audit, and outsourced CFO services.
• PBMares: Mid-Atlantic accounting and advisory firm with a dedicated nonprofit practice serving associations, foundations, and charities. Closely comparable in regional Mid-Atlantic footprint and nonprofit-focused service mix.
• Withum: Mid-Atlantic headquartered CPA and advisory firm with a dedicated nonprofit practice providing audit, tax, and advisory services. Comparable professional services model and regional footprint with strong nonprofit specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Customer concentration

• Xtwitter.com/HaefeleFlanagan
• Facebookfacebook.com/haefeleflanagan
• LinkedInlinkedin.com/company/haefele-flanagan
• Instagraminstagram.com/haefeleflanagan

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Mig Murphy Sistrom, CPA, PC