Calcpa Institute

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

“Members of the board are required to read the calcpa institute's conflict of interest policy and submit a conflict of interest disclosure statement annually. The disclosure statements are reviewed upon receipt. If conflicts are identified, calcpa's ceo reviews the statement and will refer to legal counsel, if necessary.”

“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 calcpa's ceo.”

“Any request for the financial statements, governing documents, and conflict of interest policy will be referred to the cfo. Documents will be provided within 24 hours from the date of the request. These documents are available for the same period of time set forth in sec. 6104(d).”

“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 per week are allocated to calcpa for his position as a division director.”

“Volunteers are calcpa members who sign up to get involved in the following: (1) talk to high school or college students about budgeting, credit, or savings and investing, or help them discover a cpa career; (2) hold dollars & sense workshops to educate public on financial literacy; (3) being a tax volunteer by sharing their knowledge with the public by collaborating with state legislators, local chambers of commerce, tax assistance programs and television and radio news shows.”

“Student outreach has been part of the institute's mission since 2008 and has always played a part in advancing financial education. In fy 16-17, the institute expanded its commitment and resources to student outreach through the campus ambassador program. The leadership institute started in 2008 as a part of the institute's mission on providing support to the cpa profession. The program started as a pilot to foster strategic positions to play a key role in the institute's mission. Now on its 9th year, the leadership institute is an established program that has had nearly 200 graduates since inception.”

“Calcpa institute did not issue a w-2. The compensation provided on part ix is for the shared employees that are on the california society of certified public accountants ("calcpa") payroll. Calcpa issued the w-2 for these employees.”