Skip to content
Nonprofiteer
← CPA FIRM MANAGEMENT ASSOCIATION INC

Form 990 for tax year 2022

Filed by CPA FIRM MANAGEMENT ASSOCIATION INC.

Totals

Total revenue
$444,816
Total expenses
$558,834
Contributions and grants received
$219,817
Grants paid
$0
Program service revenue
$211,883
Investment income
$29
Other revenue
$13,087
Total assets, end of year
$420,960
Total liabilities, end of year
$53,412
Net assets or fund balances, end of year
$367,548
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $219,817

  • 2a · Program service revenue: CONFERENCE AND SEMINAR

    total $198,870 · related or exempt $198,870

  • 2b · Program service revenue: WEB-BASED SEMINARS

    total $10,205 · related or exempt $10,205

  • 2c · Program service revenue: CERTIFICATION PROGRAM

    total $2,808 · related or exempt $2,808

  • 3 · Investment income

    total $29 · excluded $29

  • 11a · Other revenue: MISCELLANEOUS

    total $13,087 · related or exempt $13,087

  • 11e · Other revenue, total

    $13,087

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $129,090

  • 11c · Fees: accounting

    total $3,500

  • 11g · Fees: other

    total $12,931

  • 12 · Advertising and promotion

    total $1,384

  • 13 · Office expenses

    total $10,430

  • 14 · Information technology

    total $13,609

  • 17 · Travel

    total $46,283

  • 19 · Conferences, conventions and meetings

    total $266,570

  • 24a · Other expenses: CHAPTER DEVELOPMENT/OUT

    total $32,728

  • 24b · Other expenses: BOARD OF DIRECTORS MEET

    total $18,518

  • 24c · Other expenses: CREDIT CARD/BANK FEES

    total $12,747

  • 24d · Other expenses: MISCELLANEOUS

    total $11,044

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $215,163 · end of year $398,968

  • 2 · Savings and temporary cash investments

    beginning of year $319,829 · end of year $4,008

  • 4 · Accounts receivable

    beginning of year $74,715 · end of year $6,495

  • 9 · Prepaid expenses and deferred charges

    end of year $11,489

  • 17 · Accounts payable and accrued expenses

    beginning of year $34,134 · end of year $53,412

  • 19 · Deferred revenue

    beginning of year $94,007 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $481,566 · end of year $367,548

Mission and programs · 2022

Mission

CPA FMA WILL BE A STRATEGIC ENABLER OF RELATIONSHIPS AND PROVIDER OF VALUABLE CONNECTIONS, RESOURCES AND EDUCATION TO SUPPORT HOLISTIC CPA FIRM PRACTICE MANAGEMENT IN AREAS SUCH AS STRATEGY/PARTNER ISSUES, HUMAN RESOURCES, TECHNOLOGY, FINANCE, MARKETING AND BUSINESS DEVELOPMENT, IN-FIRM COMMUNICATIONS, CLIENT SERVICE, OPERATIONS AND FACILITIES.

Activities or mission (Part I)

OUR MISSION IS TO BE A RECOGNIZED LEADER IN CPA FIRM PRACTICE MANAGEMENT DELIVERING VALUABLE EDUCATION & COLLABORATION OPPORTUNITIES FOR THOSE INTERESTED IN ELEVATING THEIR PRACTICE AND STRATEGICALLY GROWING THEIR FIRMS.

  • CONFERENCES, SEMINARS AND MEETINGS - TO EDUCATE MEMBERS ON BEST PRACTICES AND HOT TOPICS IN THE INDUSTRY AND ALLOW FOR COLLABORATION AND NETWORKING AMONG THE MEMBERSHIP. THIS INCLUDES NATIONAL EVENTS.

  • CHAPTER DEVELOPMENT/OUTREACH - TO SUPPORT AND FORMULATE CHAPTERS ACROSS NORTH AMERICA.

  • CERTIFICATION - CPA FMA'S PUBLIC ACCOUNTING FIRM MANAGER (PAFM) PROGRAM PROVIDES THE OPPORTUNITY TO DEMONSTRATE YOU HAVE EXPERIENCE WITH THE KNOWLEDGE, LEADERSHIP, SKILLS, AND ABILITIES TO OPERATE AT A HIGH LEVEL OF EXPERTISE IN THE FIELD OF ACCOUNTING FIRM MANAGEMENT.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Jeanie Price

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Alan Alexander

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Larry Sheftel

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jana Cinnamon

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Kim Fitzgerald

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kim Russo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Daniel Gregory

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Kristine Latchaw

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lauren Fitch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Sarah Snell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
25 July 2023
IRS schema version
2022v5.0
Source object
202332069349300933

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.