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FMA PROMOTES STUART COHEN TO DIRECTOR CHICAGO/ NEW YORK August 12, 2011 Stuart Cohen has been

en promoted to director at Fiscal Management Associates, LLC (FMA), a leading national consulting firm to non-profit organizations. The announcement was made by Founder and Managing Director Hilda H. Polanco. As director, his responsibilities include overseeing FMAs business and program development efforts, including leading FMAs business development strategies, marketing and public relations activities as well as overall communications. He was formerly a senior manager at FMA, where hes worked for the past five years. Stu was the leading force behind the development of the FMA Institute. The skills and insights he brings to FMA continue to be an asset in his new, well deserved role, said Polanco. FMA continues to grow nationally as a premier consulting firm to non-profits, and it is thanks to individuals like Stu that we also consistently exceed our clients expectations. Before joining FMA, Cohen worked with non-profit organizations in developing and implementing technical assistance services. His previous work also included designing and instituting an outcomes-based fiscal training model combining workshops with one-on-one consulting services among other strategic solutions. About FMA The mission of Fiscal Management Associates, LLC (FMA) is to be the premier management consulting firm that non-profit leaders seek when making important business decisions. With offices in New York and Chicago, FMA has served more than 400 non-profit organizations throughout the country, helping them to effectively manage their resources and position themselves for stable, long-term growth. FMA also operates a professional development and training initiative, the FMA Institute, delivering customized, outcome-oriented training, including in-person workshops and online learning programs, on a variety of financial and business management topics. FMA is an affiliate consulting firm of the nationally recognized public accounting firm Morrison, Brown, Argiz & Farra, LLC (MBAF).

### Media Contact: rbb Public Relations / 305-448-3425 Lilyvania Mikulski/Lilyvania.Mikulski@rbbpr.com

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