About Our Founder

Scott is a seasoned accounting and finance executive with more than 30 years of experience. Prior to forming 501 Financial Management, Scott served for ten years as CFO/COO of The Sherwood Group, one of the leading association management companies in the country. At Sherwood Scott was responsible for Sherwood’s operations group, including internal Financial Services, information technology, and the client accounting and payment processing departments which provided full service remote accounting services for 25 non-profit organizations across the country. He directed staff, oversaw the development of standards and compliance issues and strived for continuous improvement in all areas, including integration of processes and technology and production quality.

Prior to Sherwood, Scott served for six years as CFO and treasurer for Lamb’s Farm, a $12 million non-profit organization providing residential, vocational, social and recreational services to developmentally disabled adults. Among his successes at Lamb’s was a detailed analysis of business operations and vendor relations that resulted in reduced costs and increased funding from the State of Illinois Department of Human Services.

Scott brings highly regarded skills in accounting, finance, budget, cost reduction, audit preparation, efficiency and process improvement, and a technology-savvy outlook to all of his projects. He focuses on staff training, process integration and delivering information that is both useful and comprehensible to internal and external clients.

Scott and his team understand the unique challenges that non-profits face on a daily basis, and bring years of experience and expertise to their clients, so they can focus on their mission, and continue to do the good work that they are passionate about.