990s for Nonprofits
Register today for FAR's February Luncheon, when our moderator and panelists will discuss a range of topics that include understanding 990-T reporting requirements, common pitfalls to avoid, the future of compliance and more... just in time for tax season.
Learning Objectives include:
- Understanding 990-T Reporting Requirements: When is a nonprofit required to file a 990-T? How to properly report Unrelated Business Income (UBIT).
- Common Pitfalls to Avoid: Misclassifying unrelated business activities. Failing to track and allocate expenses correctly.
- Practical Case Studies and Real-World Scenarios: Examples of nonprofits facing 990-T challenges and how they addressed them. Lessons learned from IRS audits related to UBI.
- The Future of 990-T Compliance: Potential legislative changes impacting nonprofit taxation. Strategies for maintaining compliance while focusing on mission-driven activities.
Julia Flannery, Senior Manager, Tax Services, RSM
Julia has more than 19 years of tax experience and focuses on providing tax services to nonprofit organizations, including charitable organizations, private schools, country clubs and professional associations. Julia manages tax work and is involved in tax planning and consulting. She has experience with large, consolidated corporations, S corporations, and individuals. Julia is also involved with training and supervising staff during the year.
Janna Goudarzi, Senior Manager, Nonprofit Tax, GRF
Ms. Goudarzi, MST is a senior manager in the Nonprofit Tax department at GRF CPAs & Advisors. She has over 15 years of public accounting experience. Her exempt organization experience includes both nonprofit audit and tax. As a nonprofit tax manager, she has experience in compliance and consulting, working with a variety of tax exempt organizations including 501(c)(3) public charities, 501(c)(4)s and 501(c)(6)s.
As a senior manager, her responsibilities include interacting with clients, staff, and management to ensure efficient and timely completion of all IRS required nonprofit tax forms. Ms. Goudarzi’s knowledge of tax exempt organizations enables her to assist clients in consulting projects, as well as supervise preparation of all tax compliance-related deliverables including all federal, state, and foreign filings for nonprofit clients.
Jessica McClain, Chief Financial Officer, Girl Scouts Nation's Capital
Jessica E. McClain serves as the Chief Financial Officer for Girl Scouts Nation’s Capital. In this role, she has strategic responsibility for finance, property, product program, retail merchandise, and business operations. Prior to transitioning to the not-for-profit industry, Jessica spent over 11 years in public accounting.
Jessica is passionate about the accounting profession. She serves on the AICPA Joint Trial Board and the Greater Washington Society of CPAs board. Lastly, Jessica gives back to the community as the National Treasurer for the Omicron Delta Kappa Honor Society.
Jessica's accomplishments include being named the 2024 George Wallace National Achievement in Non-Profit Award recipient by NABA, Inc., a 2024 Rising Star by the CFO Leadership Council, a 2023 & 2024 CPA Practice Advisor Most Powerful Women in Accounting, a 2023 Non-Profit CFO of the Year- Rising Star, a Maryland Association of CPAs 2021 Women to Watch- Emerging Leader, a Black CPA Centennial's 40 Under 40 Black CPA Award honoree, a 2021 AICPA Outstanding Young CPA Award recipient, and a 4x CPA Practice Advisor 40 Under 40 Professional.
Jessica earned her bachelor’s degree in business administration from Towson University and her master’s degree in accounting from George Washington University. Jessica is a Certified Public Accountant licensed in Virginia.
Jonny Rosch, CPA, Partner, PBMares
Jonny Rosch has more than 13 years of public accounting experience. He acts as a trusted advisor to his not-for-profit clients by assisting them with complicated accounting and tax issues unique to the not-for-profit industry. His experience includes working with not-for-profit organizations, including those with for not-for-profit organizations, including organizations with Uniform Guidance requirements, public charities, social welfare organizations, trade associations, business leagues, non-profit childcare centers, private schools, independent research organizations and 527 political action committees.
Jonny’s service to the not-for-profit community extends beyond his professional responsibilities. He serves as treasurer for the board of directors of Pathway Homes, a leading provider of housing and support services for adults with mental illness and co-occurring disorders across northern Virginia. He previously served on the board of directors for Leadership Fauquier.
Professional affiliations include the American Institute of Certified Public Accountants where he earned a not-for-profit certification, and the Virginia Society of Certified Public Accountants where he previously served two terms on the Young Professionals Advisory Council and as chair of the awards committee. He is also a member of FAR, the nonprofit business leaders’ network, the VSCPA Battlefield Chapter and the Greater Washington Society of CPAs. Jonny received the VSCPA’s top 5 under 35 award for 2018 for his work with the VSCPA and his dedication to the not-for-profit community.
A licensed Certified Public Accountant, Jonny is a graduate of Virginia Tech in Blacksburg, Virginia.
When: Wednesday, February 19, 2025 | 11:30 am - 1:30 pm
Networking 11:30 am
Lunch 12:00 pm
Presentation 12:30 - 1:30 pm
Where: PNC Bank | 800 17th Street NW, Washington, DC 20006
* Please bring an ID for check-in at the lobby. *
Parking: There are nearby parking garages as well as limited metered street parking.
Metro: Farragut West
FAR members, please make sure to log in to the FAR website to receive FAR member registration options.
This program is approved for CPE and CAE credit.
CAE:
FAR is a CAE Registered Provider. The program listed above meets the requirements for fulfilling the professional development requirements to earn or maintain the Certified Association Executive credential. Every program that we offer that has been approved for CAE credit will clearly identify the number of CAE credits granted for full participation. We will maintain records of your participation in accordance with CAE policies. For more information about the CAE credential or Registered Provider program, please visit www.asaecenter.org/cae.
As a CAE Registered Provider educational program related to the CAE exam content outline, this program may be applied for 1 credit toward your CAE application or renewal professional development requirements.
Note: Applicants may use any program that meets eligibility requirements in the specific timeframe towards the exam application or renewal. No specific individual courses are required as part of the applications – the selection of eligible education is up to the applicant based on his/her needs.
CPE Field of Study:
FAR is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual course for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. It is Group-Live delivery method. Sponsor ID: 109395
