AICPA & CIMA 2026 Not-for-Profit Industry Conference

GRF is pleased to sponsor and exhibit at the 2026 AICPA & CIMA Not-for-Profit Industry Conference. Each June, the best and brightest in the not-for-profit field gather for a big-picture view of all things not-for-profit accounting at the AICPA & CIMA Not-for-Profit Industry Conference.

Visit GRF in the Exhibit Hall

Start working smarter, not harder! Stop by GRF’s exhibit to learn how our nonprofit and tax experts can help your organization reach its full potential.

Featured Presentations

Form 990-T Deep Dive

Monday, June 15 | Featuring Lisa Heller

This session takes a deep dive into Form 990-T. We will focus on key building blocks of the form including:

• Basic unrelated business income typically disclosed on Form 990-T
• Challenges related to separate trade or business reporting [siloing] under Sec. 512(a)(6)
• Determining proper deductions and related issues with expense allocations
• Using net operating loss and charitable contribution carryforwards.
• Special reporting for unique unrelated business income streams such as social clubs, VEBAs and alternative investments.

State UBI Tax Compliance 

Tuesday, June 16 | 2:25 PM – 3:15 PM | Featuring Lisa Heller

This session will explore UBI compliance issues at the state level, including the varying requirements for filing state versions of Form 990‑T. Adam and Lisa will review a handy AICPA reference tool to help keep practitioners and organizations straight with these required filings. We’ll discuss annual filing expectations in various situations, common pitfalls and how to avoid them, and practical challenges posed by state portal sites.

Reading Between the Lines: Key Differences Between Not-for-Profit GAAP and Form 990

Wednesday, June 17 | 10:55 AM – 12:10 PM | Featuring Dick Locastro & Christian Spencer

For many nonprofit leaders, Form 990 and audited financial statements appear to tell the same financial story—yet they are built on different reporting frameworks, serve different audiences, and often present numbers that don’t match. These differences can create confusion for management, boards, and donors, and can lead to challenges during both the audit and tax preparation processes. In this session, we’ll demystify the disconnect between GAAP-based financial reporting and the tax based requirements of Form 990. This discussion- based session is designed for not-for-profit audit and tax professionals seeking clearer insight into how GAAP and tax reporting intersect—and diverge—in real world practice. We will review the important differences, discuss how audit and tax teams identify, analyze and report these items on the financial statements and Form 990. We will also provide a “crosswalk” from the financial statements to Form 990, and examine ways in which these differences can be explained to the readers of both.

3rd Annual NFP Tax Game Show

Wednesday, June 17 | 1:15 PM – 2:30 PM | Featuring Dick Locastro

Join us for this informative and competitive test of your knowledge of tax issues for not-for-profit organizations. Bragging rights are on the line as participants will be divided into 3 teams and asked to accurately and quickly answer multiple choice questions about the Form 990 series, unrelated business income, governance issues, and other compliance matters.

2nd Annual Bet You Didn’t Know That and Ask the Experts

Wednesday, June 17 | 2:45 PM – 4:00 PM | Featuring Dick Locastro

Participants will revisit — or bring forward — the most complex and unresolved issues raised during the conference’s earlier tax sessions and gain clarity through expert analysis. Discussion topics often include nuanced questions relating to the Forms 990 Series, ambiguous unrelated business income (UBI) classification scenarios, and other practitioner‑identified challenges that require interpretation beyond existing IRS guidance. The presenters will also highlight commonly overlooked rules and subtle nuances that can help practitioners more effectively navigate challenging exempt‑organization compliance situations. Finally, if time permits, the session will provide reminders of relevant current developments — including case law, tax law changes, and regulatory updates — and how those developments should inform ongoing compliance considerations for exempt organizations.