Calcpa Institute

“The from 990 is prepared by independent accountants. It is reviewed in detail by the controller, and a secondary, high-level review is conducted by the cfo. The reviewed draft is circulated to members of the audit committee requesting their review, comments, and questions. All the questions and concerns are addressed and resulting notifications are made as appropriate. Once the review process has been completed, the form 990 is provided to all board members and is filed with the irs on or before the due date.”

“Calcpa institute is organized and is operated to perform the functions, or to carry out the purpose of the california society of certified public accountants ("calcpa"). Calcpa institute is under the same management as calcpa's. The compensation of the executive director is reported on calcpa's 990. The executive director is also a division director of calcpa; majority of his time is allocated to calcpa. He reports to calcpa's ceo who determines his salary based on his annual performance review measured against goals preset by the ceo.”

“Financial statements are available on organization's website and upon request.”

“The executive director is an employee of the related entity, california society of certified public accountants ("calcpa") which reports his w-2. 31.50 hours are allocated to calcpa for his position as a division director.”

“The organization had 58 volunteers that actively gave presentations. The presentations ranged from 1-4 hours each with some volunteers giving multiple presentations. The types of presentations included (1) financial literacy for students - assisting with financial planning basics; (2) careers in accounting for students; (3) financial literacy for adults - "dollars and sense" workshops; (4) financial smarts for teachers - lessons on financial planning topics for teachers; (5) tax events and workshops for adults; (6) financial literacy conference for educators.”

“Calcpa institute did not issue a w-2. The compensation provided on part ix is for the employees that are on the calcpa payroll. Calcpa issued the w-2 for these employees.”

“Student ambassadors, event photography, and public relations consultant: program service expenses 111,328. Management and general expenses 0. Fundraising expenses 0. Total expenses 111,328.”