This session on the Form 990 will be an interactive discussion that will be both practical and nuanced.

This presentation will focus on how to review a grantee's Form 990.  The speakers will walk through an actual Form 990 to cover the basics, such as the form's major sections and the information disclosed related to an organization's financials, governance and programs.  The speakers will also cover topics to watch for when reviewing a grantee's form, highlighting areas of focus and potential red flags.  This perspective is useful as it raises the awareness of those who prepare the form but also provides tools for those who utilize the form for evaluation purposes. 

In addition to providing an overview of the form from a reviewer's perspective, the presentation will discuss why the Form 990 remains a critical document for nonprofit organizations.  The session will cover who uses the form and for what purpose.  Each user's perspective will be examined as well as the metrics utilized for their specific review.  The presentation will end by covering the metrics and insights that can be gained by reviewing the form, including indicators of strong organizational and financial management.

Learning Objectives

The three major takeaways from this session will be as follows:

1:  Understanding what the Form 990 is and which organizations have to complete the form

2:  Understanding the major sections of the Form 990 as well as the type of information disclosed on the form

3:  Understanding who uses the Form 990, the metrics obtained from the data on the Form 990, how to interpret these metrics, and key areas of focus

Presenters

Jonathan Blum, Partner, Holland & Knight 

Neely Duncan, Partner, Forvis Mazars

Heather Flabiano, Managing Director, Forvis Mazars