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Nonprofiteer
← CPA FIRM MANAGEMENT ASSOCIATION INC

Form 990 for tax year 2025

Filed by CPA FIRM MANAGEMENT ASSOCIATION INC.

Totals

Total revenue
$368,063
Total expenses
$354,159
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$366,503
Investment income
$1,560
Other revenue
$0
Total assets, end of year
$328,964
Total liabilities, end of year
$142,037
Net assets or fund balances, end of year
$186,927
Program services expenses (Part IX)
$168,949
Management and general expenses
$185,210
Fundraising expenses
$0
Program service expenses (Part III)
$168,949

Program services were 47.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

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.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $264,940 · related or exempt $264,940

  • 2b · Program service revenue: ANNUAL CONFERENCE

    total $67,423 · related or exempt $67,423

  • 2c · Program service revenue: WEBINARS

    total $20,375 · related or exempt $20,375

  • 2d · Program service revenue: CERTIFICATION PROGRAM

    total $13,290 · related or exempt $13,290

  • 2e · Program service revenue: CHAPTER ACTIVITIES

    total $475 · related or exempt $475

  • 3 · Investment income

    total $1,560 · excluded $1,560

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $250,165 · program services $123,693 · management and general $126,472

  • 11b · Fees: legal

    total $184 · management and general $184

  • 11c · Fees: accounting

    total $2,977 · management and general $2,977

  • 12 · Advertising and promotion

    total $316 · management and general $316

  • 13 · Office expenses

    total $1,036 · management and general $1,036

  • 14 · Information technology

    total $15,860 · program services $11,337 · management and general $4,523

  • 17 · Travel

    total $37,967 · program services $5,568 · management and general $32,399

  • 19 · Conferences, conventions and meetings

    total $11,364 · program services $1,105 · management and general $10,259

  • 23 · Insurance

    total $2,163 · management and general $2,163

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

    total $11,549 · program services $11,549

  • 24b · Other expenses: SUBSCRIPTIONS

    total $8,044 · program services $7,179 · management and general $865

  • 24c · Other expenses: OTHER EXPENSES

    total $7,902 · program services $5,471 · management and general $2,431

  • 24d · Other expenses: SUPPLIES

    total $3,282 · program services $2,294 · management and general $988

  • 24e · All other expenses

    total $1,350 · program services $753 · management and general $597

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $282,473 · end of year $189,024

  • 2 · Savings and temporary cash investments

    end of year $101,401

  • 4 · Accounts receivable

    end of year $596

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,082 · end of year $37,943

  • 17 · Accounts payable and accrued expenses

    beginning of year $12,910 · end of year $10,634

  • 19 · Deferred revenue

    beginning of year $113,622 · end of year $131,403

  • 27 · Net assets without donor restrictions

    beginning of year $173,023 · end of year $186,927

Mission and programs · 2025

Mission

CPAFMA 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.

  • MEMBERSHIP: MEMBERS RECEIVE ACCESS TO (1) EDUCATIONAL PROGRAMS - INCLUDES SEVERAL LOCAL AND REGIONAL EVENTS, THE NATIONAL PRACTICE MANAGEMENT CONFERENCE, AND MAPCASTS FOCUSING ON SPECIFIC TOPICS OF INTEREST, (2) CONNECT, AN ONLINE COMMUNITY THAT PROVIDES MEMBERS WITH A PLACE TO INTERACT AND ENGAGE WHILE KEEPING RESOURCES ORGANIZED AND EASILY ACCESSIBLE TO MEMBERS, (3) RESOURCES AND BEST PRACTICES - MEMBERS STAY INFORMED WITH RESOURCES PROVIDING KEY DEVELOPMENTS, INFORMATION ON THE LATEST TRENDS AND TOP ISSUES, NEW RULES AND HOT TOPICS IN THE CPA PROFESSION AND THE EVER-CHANGING ACCOUNTING WORLD, AND (4) JOB MARKET - THE CPAFMA JOB MARKET IS UPDATED FREQUENTLY AND HOSTS POSITIONS AND RESUMES FROM ALL ACCOUNTING PROFESSION POSITIONS WITHIN CPA FIRMS OF ALL SIZES.

    Expenses $77,787 · Revenue $285,315

  • ANNUAL MEETING: CPAFMA HOSTS A NATIONAL PRACTICE MANAGEMENT CONFERENCE EACH YEAR (EVERY OTHER YEAR IN PARTNERSHIP WITH AICPA ENGAGE). THE TWO-AND-A-HALF-DAY CONFERENCE COVERS A WIDE RANGE OF MANAGEMENT, HUMAN RESOURCES, MARKETING, LEADERSHIP, AND TECHNOLOGY ISSUES.

    Expenses $54,247 · Revenue $67,423

  • OTHER PROGRAMS: CPAFMA'S PUBLIC ACCOUNTING FIRM MANAGER (PAFM) PROGRAM PROVIDES THE OPPORTUNITY TO DEMONSTRATE THAT FIRMS HAVE EXPERIENCE WITH THE KNOWLEDGE, LEADERSHIP, SKILLS, AND ABILITIES TO OPERATE AT A HIGH LEVEL OF EXPERTISE IN THE FIELD OF ACCOUNTING FIRM MANAGEMENT.

    Expenses $36,915 · Revenue $13,765

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kristine Latchaw

    CHAIR

    Total calculated
    $0
    Hours/week
    0.75

  • Daniel Gregory

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Kim Fitzgerald

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Jana Cinnamon

    PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Kim Russo

    AT-LARGE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Sarah Snell

    AT-LARGE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Margot Sunter

    AT-LARGE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Tammy Goodwin

    AT-LARGE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Karen Debora

    AT-LARGE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Jon Tonkowich

    AT-LARGE BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.25

  • Bill Reeb

    BOARD ADVISOR

    Total calculated
    $0
    Hours/week
    0.25

  • Roman Kepczyk

    BOARD ADVISOR

    Total calculated
    $0
    Hours/week
    0.25

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
2025
Filed
22 September 2026
IRS schema version
2025v4.2
Source object
202612659349301046

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