Interested in learning best practices to facilitate better understanding of board members’ responsibilities for Form 990 oversight, performing due diligence, and for meeting IRS requirements? Join Raphael Carletti and Jack Fein of Mercadien’s Nonprofit & Human Services Group to discuss the Form and establishing effective financial and fiduciary policies. Donors/funders use Form 990 to evaluate whether organizations will use donations wisely; and we will be sharing tips for using it to tell the right story.
Jack H. Fein, CPA, CGFM, CGMA, PSA, Managing Director, The Mercadien Group Jack Fein has been an instrumental member of Mercadien for more than four decades and works with more than 85 nonprofit organizations in the firm’s Nonprofit & Human Services Group. He was involved in proposing and drafting revisions to the Charity Registration Act that governs all nonprofit organizations in the state. Jack holds many certifications in the field of accountancy and is licensed in New Jersey and Pennsylvania. In April 2014 he received the Lifetime Achievement Award from the Pennsylvania Institute of Certified Public Accountants. Jack has published numerous articles in national publications and professional journals. He edits The Nonprofit Examiner, the firm’s electronic newsletter, a widely-distributed resource for the nonprofit community. He has taught professional-level courses at The College of New Jersey and Mercer County Community College. He was also one of the lead curriculum designers of the highly acclaimed Nonprofit Management Program co-sponsored with the College of New Jersey. Raphael J. Carletti, CPA, Supervisor, The Mercadien Group A Supervisor with Mercadien’s Nonprofit & Human Services Group, Raphael Carletti is responsible for planning and overseeing various nonprofit client engagements, including those at trade associations, schools, and health and human services organizations. His experience includes completing both financial statement and compliance audits, along with review and compilation engagements. His specializations include reporting, disclosures, and compliance issues of entities subject to Single Audit, and state and local reporting requirements. He is also proficient in the tax exemption determination process and maintenance of exemption for both 501(c)(3) and 501(c)(6) entities. As part of the firm’s Nonprofit & Human Services Group, he is highly regarded in the areas of internal control structures, audit program design, and implementation. He has led internal training programs relating to the nonprofit industry trends, accounting developments, and tax return (Form 990 and 990-PF) preparation. Licensed to practice in New Jersey, Raphael earned a Bachelor of Science in Accountancy degree from The College of New Jersey, and serves on the board and finance committee for Meals on Wheels of Mercer County.
Financial Literacy For Your Board: Expectations and Telling Your 990 Story