Scholar Lunch
Courtney Alldridge, Business
Angela Cusano, Communication
Tessa Galindo, Spanish
Andres Martinez, Accounting
Gabrielle Morales, English
Jordan Norris, Psychology
L203
Noon – 1 PM
Return to schedule
Academic Creativity and Excellence Day
The semi-annual research colloquium at Bushnell founded by Dr. Tim Bergquist.
Come to L203 at noon. If you’re one of the first to arrive, you can have free pizza. The meal’s entertainment consists of five minute talks by representatives from majors and minors across campus. Speakers will take a single idea they learned from their major or minor coursework, explain it, explain why it’s useful or beautiful, and explain why they personally love it. Scheduled speakers:
L203
Noon – 1 PM
National Coalition for Homeless Veterans
The National Coalition for Homeless Veterans is a 501(c)(3) non-profit organization dedicated to providing support for homeless veterans through job training, health care services, and housing opportunities. An analysis of the organization’s Form 990 will discuss the governance and program services offered by the organization. This form also reviews the accomplishments, including the mission statement, revenues, and expenses. The presentation will evaluate whether the organization’s significant activities are favorable or unfavorable compared to prior years. It will provide an overview of the financial statements and different tax schedules. Also it will examine if paid personnel have been properly identified as employees to ensure the correct payroll taxes have been calculated. The overview of the National Coalition for Homeless Veterans will offer insight into the activities and programs of the organization and give a better understanding of how donated resources are being used.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
World Wildlife Fund
The non-profit organization World Wildlife Fund has been protecting the future of nature for 50 years. They work in 100 countries and are supported by more than one million members in the United States and close to five million globally. Since they are not for profit, the presenter will be focusing on their Form 990 helping to elaborate on why you should help contribute to their cause. Topics that will be covered are their financials, accomplishments, and their work.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
YMCA Form 990
I will be presenting how the YMCA fills out their Form 990. A form 990 is a tax form that presents information to the public on non-profits. Since these organizations are tax exempt, this form shows where their money comes from and how they use their money. I will be dissecting selected sections of the form that will give a description of the vital information.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
FIFA 990 Form
For my ACE Day presentation, I will be talking about FIFA’s 990 form. The 990 form is a form that organizations must file to the IRS each year. The 990 form disallows non-profit organizations to abuse their tax-exempt status. FIFA was established in 1904 to oversee international competition in soccer. FIFA notably known for the major international tournament the World Cup. This event collected over 901 million dollars in revenue. Which makes this event profitable, even though the World Cup only happens every four years.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
The First Tee, Chicago Non-Profit
The First Tee is a nation wide non-profit that incorporates the game of golf into the lives of children and young adults along with the life lessons that come with the game. There are over twelve hundred chapters in the United States and the presenter will focus on the financial statements of the Greater Chicago chapter. The first tee is a 501(c)3 non-profit and because of that they file a form 990. Most tax-exempt organizations that have gross receipts of at least $200,000 or assets worth at least $500,000 must file Form 990 on an annual basis. The presentation will break down the different parts, schedules, and statements inside the form. The different portions will be shared in a manner that is understandable to the general public, and end with an explanation to why (or why not) this is a valid non-profit to donate finances or time.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
Girl Scouts 990 Presentation
For ACE Day, I will presenting on the non-profit organization Girl Scouts for the Non-Profit Accounting 470 class. Throughout the presentation the audience will learn about who the Girl Scouts organization is, their history and their 990 Form. The 990 Form is important because it lets the public know their records and gives potential donors some insight before donating to them. It also informs the IRS the nonprofits financial status and see if they meet the qualifications for being tax exempted. Within the presentation there will be slides that cover the organizations service accomplishments, required schedules, IRS Filings, Management, Compensations, Statement of Revenue, Balance Sheet, Financial Statements, Contributions and many more. The purpose of this presentation is to inform audiences on whether or not from the research done, if the organization is a good place to donate to and whether or not their money is going to actually benefit what they are saying will.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
Holt International Form 990
Holt International is a non-profit organization that uses Christian principals to navigate them through their services of family strengthening, orphanage and vulnerable children care, and adoption services. The presentation will be breaking down their form 990 and presenting it to the audience in order gain insight of how and where their finances are being appropriated. The presentation is distributed as follows: Statements regarding other IRS filings and tax compliance, governance, management, and disclosure; compensation of officers, directors, trustees, key employees, highest compensated employees, and independent contractors; statement of revenue, statement of functional expends, balance sheet, financial statement and reporting; schedule A, Schedule B, schedule C, schedule J, schedule L, schedule O. The Form 990 is an informational tax form that most tax-exempt organizations must file annually. It gives the IRS an overview of the organizations activities. The organizations give an outline of the accomplishments for the previous year to justify the tax-exempt status. The IRS wants to be secure that the organization in question will continue to qualify for their tax-exempt status. Holt International must fill out the Form 990 because their gross receipts and assets are more than $200,000 for receipts and/or $500,000 worth of assets. The Form 990 requires organizations to describe its mission or any other significant activates, as well as financial details on its revenues, expenses, assets and liabilities.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon
The Humanity and Hope United Foundation
The Humanity and Hope United Foundation is about helping create opportunities in small villages in Honduras. They are a 501(c)(3) non-profit organization and therefore must file a 990. A Form 990 is a way for tax-exempt organizations to report their financials, while keeping it public. This allows the public and the IRS to evaluate the organizations financials and form an opinion. The presenter will be presenting about the mission and vision of this organization, their financials, and any schedules they have to prepare for tax purposes.
ACTG 470, Accounting for Non-Profit Organizations
Stacey Lewis
P103
10 AM – Noon