Financial Planning Association Arizona Inc

“Advertising promotion 187”

“OFFICE EXPENSES 885”

“IT EXPENSES 3,688”

“Membership meeting expenses 10,949”

“INSURANCE 200”

“BOARD EXPENSES 4,242”

“Chapter general circle support 773”

“UNREALIZED GAINS 249”

“ACCOUNTS RECEIVABLE Beginning of year 9,000, End of year 17,740”

“PREPAID EXPENSES Beginning of year 11,970, End of year 17,900”

“ACCOUNTS PAYABLE Beginning of year 1,846, End of year 188”

“DEFERRED REVENUE Beginning of year 95, End of year 10,050”

“Laying out a plan to advance quality, credible financial literacy courses into the broader community. The initiative leverages organization to organization relationships with a wide variety of arizona non profits whose stakeholders desire access to fiduciary duty bound course instructors. Arizona was the location of 2 major fpa national events in 2024, along with a 3rd event in q3 2023. The chapter successfully connected our financial planning student communities nau, asu, uofa, and grand canyon to these opportunities and actively facilitated student registration and attendance.”

“The chapter hosted a focus group on an updated cfp board of standards ethics course and was invited to participate in the roll out of that course at the cfp board of standards connections event in washington dc. The chapter successfully advocated for legislation in arizona to clarify an income tax withholding issue, impacting retirees taking distributions from their retirement plans the possibility of a significant income tax surprise due to custodians in az no longer taking out tax withholding from distributions has been resolved. The board completed a 5 year strategic plan focused on identifying and resolving concerns around community engagement, strengthening our internal accountability culture, and optimizing governance. The crafted our next 5 year strategic plan, leveraging the prior work and setting targets relevant to our new statewide organization.”