Monday, July 20, 2020 from 9:30 AM to 11:45 AM PDT
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Video Conference Class 
Santa Clara, CA 95054

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SCORE Silicon Valley 

Nonprofit Seminar: Must Know Financial Reporting and Taxes for Nonprofits - 07/20/2020 - C0405 

We will cover only crucial and interesting financial, regulatory and tax parts for nonprofits. This is not a class to teach accounting, but we will try to make you knowledgeable in taxes, regulations and reporting. You may not be an expert, but you will have a good grasp of all the important subjects.

Learn financial reporting terminology which is specific to nonprofit organizations.  We will also dive into the responsibilities an organization has to fully understand and track contributions received from donors, especially when they place a restriction on how the funds are to be used.  We will discuss everyone’s favorite topic…taxes!  The class will discuss the latest application, filing and reporting requirements to make sure you are in compliance. 

This class is necessary framework for Board members, management and people who aspire to leadership roles in nonprofit organizations.  

Key Topics

  • Concepts of nonprofit financial reporting and terminology
  • Navigating through the accounting requirements of donor contributions
  • Basic filing, regulatory and tax rules for 501(c)(3) organizations

-Special tax and regulatory rules related to staff, management, boards and contractors

  • Learn of the special tax/IRS regulatory requirements for donors, events, Unrelated Business Income (UBI),  and ask questions about special situations
  • Basics of 990 tax form- focused on things you need to know

Learning Outcomes

  • Learning to think like a business owner
  • Learn how the IRS requirements affect your nonprofit.
  • Obtain an overall understanding of the regulatory/tax philosophy environment in which nonprofits operate



Registration Information 

Registration Fee: $25.00

Veterans: Free admission is available for this class.  Click Here for details.

This class is being offered by video conference.  The password protected link to join is included in your registration confirmation email.  Please do not share this link.

If you have trouble registering, send an email to info@svscore.org

About the instructors:


Josh Cross, CPA, is a Principal in ASL’s Construction Group and co-chairs the ASL Nonprofit Group. Josh has over thirteen years of public accounting and audit experience serving privately held companies and nonprofit organizations, including those subject to audit requirements in accordance with OMB’s Uniform Guidance. Privately held companies consist of engineering consulting firms, construction contractors, and manufacturing and distribution companies.

Josh also works on review and compilation engagements and assists with business consulting for closely-held businesses.

Josh holds a Bachelor of Science degree, Accountancy, from Northern Illinois University and a Master’s degree, Information Systems, from Northern Illinois University. He is a licensed CPA in both California and Illinois.

In his free time, Josh enjoys playing golf, basketball and spending time with his family


Patrick Ngai, CPA, is an Audit Manager with over ten years of public accounting and audit experience serving nonprofit organizations and privately held companies. He has extensive expertise working with a wide variety of retirement plans and nonprofit clients including organizations specializing in community services and education. He also has assurance and advisory experience in various industries including manufacturing companies with international transactions, investor-backed private technology startups and renewable energy.

Patrick has a Master of Science degree, Taxation, from Golden State University and a Bachelor of Science degree, Math & Applied Science (Management and Accounting concentration) from the University of California, Los Angeles.


Samantha Ramirez, CPA, is a Tax Manager in ASL’s Family Wealth & Individual Tax Planning Group, Real Estate Group, and Nonprofit Group. Sam has over nine years of public accounting experience serving the tax compliance needs of individuals, real estate partnerships, trusts, estates, and nonprofits.

With a commitment to client service, Sam prides herself on making clients’ needs her priority and finding ways to optimize their business goals, while navigating the complex tax laws. She has the ability to relay complicated tax jargon in an easily understood manner, which is appreciated by her clients. And due to Sam’s many years of experience with nonprofits, she enjoys acting as a resource for tax-exempt organizations, big and small.

Sam holds a Master of Science Taxation from San Jose State University and a Bachelor of Arts degree, Business Economics (Accounting concentration) from the University of California, Santa Barbara.