Form 990 Q&A

Jun 15, 2022 2:50pm ‐ Jun 15, 2022 4:05pm

Identification: NOT2266

Our distinguished panel of speakers will answer your 990 questions and provide insight into the issues and challenges they are seeing in their practices. We will collect unanswered questions about 990 matters from previous sessions and answer as many queries as possible.

Learning Objectives:
  • Identify issues that continue to challenge 990 preparers and filing organizations.
  • Determine best practices and practical applications in preparing Form 990.
  • Distinguish how key Form 990 reporting challenges may impact readers of the completed Form 990.
Category: Concurrent Session Onsite and Online

Which One Should I Choose? (Cost Allocation Methods)

Jun 15, 2022 2:50pm ‐ Jun 15, 2022 4:05pm

Identification: NOT2267

For nonprofit organizations, accounting for and understanding the true cost of activities, including the cost of distinct programs as well as the true cost of overhead, is essential for informed decision making. An effective and efficient cost allocation methodology is a key tool in this process. During this session, we explore the different cost allocation methodologies available, discuss how to decide which method to select and how to interpret and use the resulting financials to convey the organization's story.

Learning Objectives:
  • Identify the various cost allocation methodologies.
  • Determine how to choose a cost allocation method.
  • Analyze how effective cost allocations leads to understanding the true cost of activities.
Category: Concurrent Session Onsite and Online