Key Strategies for Nonprofit Operation and Compliance Training Class

RATIONALE AND REQUIREMENTS FOR TAX-EXEMPT ORGANIZATIONS
8:30 - 9:15, Karen Gotzler and Jim Milner

1. What Organizations are Entitled to Tax-Exempt Status?
2. Advantages of Tax-Exempt Status
3. Checklist for Applying for Tax-Exempt Status
4. Categories of Tax-Exempt Organizations: Private Foundations vs. Public Charities
5. Looking at the People and Documents That Govern Organizations

A NEW ERA OF ACCOUNTABILITY FOR NONPROFITS
9:15 - 10:00, Amy R. Seibel

1. The Impact of Sarbanes-Oxley
2. Proper Disclosure Through Financial Statements
3. Establishing Accountability Through the Use of Internal Controls
4. Preventing Fraud
5. Proposal to the Senate Finance Committee
6. Government Accounting Office (GAO) Position
7. Tax-Exempt Bonds
8. Practical Considerations - Lessons Learned

SOCIAL ENTREPRENEURSHIP AND EARNED INCOME
10:15 - 11:15, Karen Gotzler

1. What is Social Enterprise in the U.S.?
   1. Definitions
   2. Key Elements
   3. Current Trends
2. Social Ramifications
   1. Organizational Culture and Capacity Self-Assessment
   2. Business Models for Social Enterprises
   3. Board Engagement and Risk Tolerance
3. Opportunity Identification
   1. Market Positioning
   2. Inventorying Assets for Income Generation
4. Experiences and Case Studies

UNDERSTANDING UNRELATED BUSINESS INCOME
11:15 - 12:00, William F. Brown

1. What Constitutes Unrelated Business Income
2. Taxation of Unrelated Business Income
3. Exceptions to Unrelated Business Income
4. Special Issues in a Social Entrepreneurship Context

PROTECTING INTELLECTUAL PROPERTY AND LEVERAGING BRAND VALUE OF NONPROFITS
1:00 - 2:00, Jill Gilbert Welytok

1. What is the Intellectual Property of an Organization?
2. Trademarks and Certification Marks
1. Protecting Them
2. Generating Revenue From Them
3. Business Methods and Trade Secrets in a Nonprofit Context
4. Nondisclosure and Confidentiality Agreements to Protect an Organization
5. Copyright Law Crash Course

CARE AND MAINTENANCE OF TAX-EXEMPT STATUS
2:00 - 2:45, Daniel S. Welytok

1. Requirements for Tax-Exempt Status
2. Ten Ways to Blow Your Organization's Tax-Exempt Status
3. Complying With Rules on Disclosures and Solicitation
4. Revocation of Exempt Status; Retroactive Effect
5. Appeal of Adverse IRS Determinations; Administrative Remedies

BUILDING BETTER BOARDS
3:00 - 3:45, Jim Milner

1. The Theoretical Role of the Board vs. Real Experience
2. Protecting Directors, Officers and Nonprofit Executives From Potential Liability
3. Recruiting and Training Talented and Diverse Board Members
4. Insuring Your Board Members
5. Avoiding and Coping With Negative Publicity: United Way and Red Cross
6. Sarbanes-Oxley: Board Governance Considerations

CREATING COMMITTEES AND THE DOCUMENTS THAT GOVERN THEM
3:45 - 4:40, Karen Gotzler

1. The Almighty Audit Committees
2. Establishing Other Committees
3. Committee Charters

This basic-to-intermediate level program provides essential legal and tax information for professionals involved in running a tax-exempt organization and keeping it compliant. Those who should attend include:

• Nonprofit Executives and Board Members
• Controllers
• CPAs
• Attorneys

• Request dates in your city
• Bring this course on-site
• Call us toll-free 1-866-540-9677 and we will find similar courses near you.