Understanding the Public Support Test and What It Means to Your Public Charity

Maintaining your status as a public charity is critical to your organization. Failure to monitor and understand the complex and often perplexing support test (Schedule A of Form 990) can lead to a loss of public charity status. This seminar will explain the different definitions/tests of public charity status, review the calculations of public support for each and highlight common mistakes and misunderstandings.

Policies and Procedures that Help Nonprofits Achieve their Financial Goals

“Policies” and “procedures” are terms often used interchangeably in an organizational setting. They mean, however, very different things. This workshop will provide finance and operations professionals with best practices and sample financial policies that can be shared with staff and board members to effectively develop buy-in and attain important organizational goals.

The 5500 Experience from the Auditor's Perspective

GRF Partner and Employee Benefit Plan Audit Specialist Jackie Oneto provided insights regarding employee benefit plan audit requirements, including the purpose of an audit, common plan compliance issues and Form 5500 during an event featuring a third party administrator of benefit plans and an ERISA attorney. (PDF)

Fundamentals of QuickBooks

Intermediate QuickBooks for Nonprofits

The first morning session for beginners focused on a basic orientation of QuickBooks; how to manage transactions, an introduction to reports and examples of how to edit reports.

The afternoon session, for more experienced users of QuickBooks, explored how to track donors, members and grants, tackle common budget and reporting challenges, and manage restricted contributions, allocations and functional expenses. (PDF)

Best Practices for Management and Individuals Working Overseas

International non-governmental organizations often face unique financial management and tax concerns for their operations and for the employees and contractors who manage their overseas programs. Partner Troy Turner, CPA and Principal Kate Fisken presented on taxable compensation, foreign tax credit and foreign bank account reporting to guide nonprofit chief financial officers and human resource managers. (PDF)

Financial Leadership: Best Practices

Audit Partners Amy Boland, CPA and Jackie Oneto, CPA presented on different financial reporting tools, how to develop insights from your financial statements and the importance of building reserves to Maryland Nonprofits members. The workshop focused on best practices for how management can maintain robust finances and minimize risk. (PDF)

Internal Audit: In-sourced, Co-sourced or Outsourced?

GRF Audit Partner Jim Larson, CPA and two international financial leaders explained the pros and cons of common internal audit models and described the role of the internal audit at the 2011 InsideNGO Annual Meeting. (PDF)

New Form 990 - What it Means for Your Organization!

GRF Nonprofit Tax Principals Steven J. Kelin and Richard J. Locastro led several roundtable discussions on the New Form 990 in 2008 and 2009. The presentation covers what new information the Form requires and the potential impact preparation of the Form could have on nonprofit organizations. (PDF)