Nonprofit Conference (E2512000)

8-9:15 a.m.
FASB Update (1.5 AA)
Jeff Mechanick, Assistant Director - Financial Accounting Standards Board
Join the FASB’s lead staff person for the not-for-profit (NFP) sector (and lifelong New Jersey resident!) as he guides us through the latest developments in GAAP that affect NFP organizations. He’ll discuss the FASB’s current agenda and recent agenda consultation; new and recent ASUs and key implementation reminders; and noteworthy current projects. He’ll save time for your questions, so please bring them!

9:30-10:20 a.m.
Financial Sustainability Strategies for Nonprofit Organizations (1 SK)
Alex Shin, CPA - Interledger Foundation
Albert Jimenez, CPA - CBIZ
This session features a practical and insightful conversation between a nonprofit financial advisor and a senior nonprofit executive, exploring proven strategies for long-term financial sustainability. Topics will include effective cash flow management, building and maintaining operating reserves, controlling costs without compromising impact and diversifying revenue sources. Attendees will gain actionable tools and real-world examples to strengthen their organization’s financial foundation and support mission-driven growth.

10:30-11:20 a.m.
Breakout Sessions

Single Audit Update (1 AA)
Alexander K. Buchholz, CPA, M.B.A., CGMA — PKF O’Connor Davies
Get a comprehensive update on the evolving framework and oversight expectations for single audits in 2025. As federal awarding agencies and pass-through entities adopt changes in the Uniform Guidance and release the 2025 OMB Compliance Supplement, auditors and grantees must adapt their approaches to risk assessment, compliance testing, internal control evaluation and reporting. This session will review the significant revisions, highlight areas prone to audit deficiencies and provide practical strategies to maintain audit readiness and mitigate findings.

Form 990 (1 TX)
Tracy Cai, CPA - PKF O'Connor Davies Advisory LLC
Gain a deeper understanding of key Form 990 compliance rules and the latest changes affecting nonprofit organizations. Learn how to fulfill reporting responsibilities, avoid common filing pitfalls and remain compliant with evolving IRS standards.

11:20-11:50 a.m.
Lunch Break

11:50 a.m.-12:40 p.m.
Breakout Sessions

Charitable Contributions (1 AA)
Rick Cole, CPA, CGMA — Forvis Mazars
Chad Avink - Forvis Mazars
This session will provide an overview of accounting for contributions and grants. It will also present examples of common errors and discuss the appropriate accounting.

Quality Management Standards (1 AA)
June Toth, CPA, CFF, CITP, CGMA — WilkinGuttenplan
Get practical guidance on effectively implementing the AICPA’s new quality management standards, which go into effect on Dec. 15. Learn how to identify and assess risks, establish responsive policies and integrate the standards into daily operations to enhance efficiency and compliance. Whether you’re starting from scratch or refining your existing approach, this session will equip you with actionable strategies to navigate these transformative changes.

12:50-1:40 p.m.
Leveraging AI for Nonprofits (1 SK)
Jean Westrick - Technology Association of Grantmakers
Discover how artificial intelligence (AI) is transforming nonprofit operations. This session will highlight innovative ways AI can streamline workflows, strengthen fundraising efforts and enhance program delivery while addressing ethical considerations and best practices for responsible implementation.

1:50-2:40 p.m.
Cybersecurity Issues in Nonprofits (1 SK)
David Sun – CohnReznick
Explore how nonprofits can identify, prevent and respond to cybersecurity threats in an increasingly digital world. Learn about real-world risks, data protection strategies and best practices to strengthen your organization’s defenses and safeguard sensitive donor and operational information.

2:45-4 p.m.
Nonprofit Industry Update (1.5 SK)
Moderator: Don Meyer, CAE - NJCPA
Ali Bedford - Integer, LLC
June Toth, CPA, CFF, CITP, CGMA — WilkinGuttenplan
Scott Davis, CPA - Prager Metis
This session delivers a comprehensive briefing on the most significant developments shaping the sector right now. Topics to be discussed include the implications of frozen federal funding and what organizations should prepare for in the months ahead, emerging trends in foreign grantmaking and cross-border philanthropy, and the impact of the “One Big Beautiful Bill” and its sweeping policy changes.

Attendees will have access to to watch all conference sessions on demand for thirty days after the event concludes. On demand sessions do not qualify for CPE