New England Virtual Nonprofit ConferenceeNH22124 24

 

New England Virtual Nonprofit Conferencee

January 22nd, 2025 - January 23rd, 2025 @ 8:30am-12:30

Member Price $359
Non-Member Price $519
If you are a member, please login to activate member pricing.

Credits

8

Description

Wednesday, January 22

General Session

 - Welcome and Opening Remarks

This session is available to registrants only.

General Session

 - The 2025 Outlook for Nonprofits

 Jim Klocke, Massachusetts Nonprofit Network  Jennifer Hutchins, Executive Director, Maine Association of Nonprofits

In this session, we’ll delve into the transformative changes ahead in 2025—including the new administration, anticipated federal tax legislation, and shifting economic and political dynamics—and their implications for the nonprofit, social, and philanthropic sectors. This session will include time for a Q&A.   

This session is available to registrants only.

General Session

 - Governance for NFPs

 Alex Romero, Galasso Learning Solutions LLC

FiduHaving good governance is essential for any nonprofit. This session will examine the core elements of nonprofit governance, focusing on fiduciary duties, board responsibilities, and best practices for board operations. We will explore the compliance requirements and risk management strategies, including policy development and regulatory obligations of a nonprofit organization. This session will equip you with the knowledge you need to navigate nonprofit governance with confidence and competence. 

This session is available to registrants only.

General Session

 - NOCLAR for Not-for-Profit Auditor and Advisor

 George Zoglio, 20-20 Services

This program will help not-for-profit auditors and advisors identify and respond to instances of NOCLAR to comply with professional standards. The program also discusses recommendations of polices and procedures firms can adopt to document their compliance should an instance of NOCALR arise. 

This session is available to registrants only.

General Session

 - Closing Remarks

This session is available to registrants only.

Thursday, January 23

General Session

 - Welcome and Opening Remarks

This session is available to registrants only.

General Session

 - Financial Accounting Standards Board (FASB) Update

 Jeffrey Mechanick, BDO Financial Accounting Foundation

In this session, we’ll discuss developments in U.S. generally accepted accounting principles (GAAP) that are important to nonprofits. Topics include accounting standards updates (ASUs) issued since last year’s conference, implementation matters concerning other recent ASUs, current financial reporting issues and current FASB projects. 

This session is available to registrants only.

General Session

 - Strategic Total Rewards and Compensation and Related Legal Issues

 Jamie Honigman, HR inTune  John Rich Jr., McLane Middleton

Attracting and retaining top talent is critical to fulfilling your nonprofit’s mission, but achieving this requires a thoughtful approach to compensation and rewards. In this session, we’ll provide actionable strategies for designing total rewards programs that optimize your organization’s financial resources while engaging employees and supporting retentionWe’ll also cover legal considerations surrounding benefits and compensation.

This session is available to registrants only.

General Session

 - Contributions and Grants, Revisited

 Richard Cole, Forvis Mazars, LLP 

 Nikki Kubly, Forvis Mazars, LLP

This session will provide a reminder of the requirements of contribution accounting. It will go into details to determine conditions, barriers and right of returns. It will also go into some common areas of misapplication such as donor advised funds. Case studies will be presented. 

This session is available to registrants only.

General Session

 - Changes to OMB’s Uniform Guidance and Other FAQs

 Jennifer Louis, Emergent Solutions Group LLC

The OMB updated the Uniform Guidance in 2024, impacting both the administration and audit of federal grants and other awards. This segment will provide details related to the most significant changes to the Uniform Guidance, as well as provide answers to frequently asked questions when planning and performing Single Audits applying that guidance. 

This session is available to registrants only.

General Session

 - Closing Remarks

This session is available to registrants only.

Objectives

Major Subjects

  • The 2025 Outlook for Nonprofits
  • Governance for NFPS
  • NOCLAR for Not-for-Profit Auditors and Advisors
  • FASB Update
  • Salaries/Benefits/Employment law Panel
  • Contributions and grants Revisited
  • Changes to OMB's uniform Guidance and other FAQ

Prerequisites