We invite you to join us on Wednesday, July 19, 2023, for the Not-for-Profit Basics: Functional Allocation of Expenses. How you allocate expenses is important for projecting the right picture of your organization’s activities. Learn how to classify expenses in the right categories and why it is critical to differentiate appropriately between program services and supporting activities. You will also learn how to allocate expenses related to more than one function, as well as expenses for joint activities.

We will then switch gears and talk about how the functional expenses are reported for tax purposes, including why the allocation between program, management, and fundraising expenses is important, as it drives many of the third-party charity rating tools. We will also cover tax return disclosures relating to grantmaking activities (Schedules F and I) and foreign expenditures (Schedule F).

PRESENTERS

• Laura Becker, CPA | Senior Manager
• Amy Hernandez, CPA | Principal
• Celia Davis, CPA | Senior Manager

WHO SHOULD ATTEND

• Board or committee members of a tax-exempt organization
• Individuals who are new to the not-for-profit industry
• Those who are considering forming a new tax-exempt organization
• Those who need a refresher on the basics of a charitable organization

REGISTRATION

In order to attend this virtual event, please register HERE AT EVENTBRITE.COM

EVENT INFORMATION

• Date: July 19, 2023
• Time: 9:00 a.m. to 11:00 a.m.
• Cost: $25 per person
• CPE: 2 credit hours
• Platform: Zoom Webinar