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Executive Director (E2E) Peer Networking Session (Wilmington)

Executive Director (E2E) Peer Networking Session (Dover)

Financial Excellence Workshop (Wilmington)

Financial Excellence Workshop (Dover)



Breaking the "Starvation Cycle" (Wilmington)
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All about the OMB Uniform Guidance that went into effect on December 26, 2014

When: 11/04/2015
From 9:00 AM until 12:00 PM
Where: Community Service Building
100 W 10th Street
Wilmington, Delaware  19801
Contact: John Baker

Online registration is closed.
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Breaking the "Starvation Cycle"

Instructor: Angela Coaxum and Jonathan Moll, CPA

Whether your nonprofit receives federal money through grants and contracts directly with the federal government, or if it is included in your state and local grants and contracts (often unbeknownst to nonprofits), the OMB Uniform Guidance that went into effect on December 26, 2014 applies to you. Learn about the key changes that will impact your organization, including a new single audit threshold, stronger internal controls, purchasing processes, risk assessments, and monitoring requirements.

This session will provide additional focus on the most notable new requirement-- that governments and other pass-through entities now must pay at least a minimum for your indirect costs. Find out how to determine your indirect costs, which differ from your administrative costs, so that you can negotiate a fair and reasonable reimbursement rate for your organization.

Participants will cover:
ƒƒ - Background on the “Starvation Cycle” first published by Stanford Social Innovations
ƒƒ - FAQs from the U.S. Office of Management and Budget Uniform Guidance on Indirect Costs
ƒƒ - Auditors perspective on Indirect Costs
ƒƒ - Understanding your Indirect Costs
ƒƒ - Integrating your true Indirect Costs into your Grant Applications

DANA Members $40; Not a member yet? $80
Validated Parking is available in the Community Service Building garage, 111 W. 11th St.

About the Instructor

Angela Coaxum
Angela is a Manager with Your Part-Time Controller, LLC (YPTC) providing Controller/CFO services as well as
internal control, financial, and operational management consulting services. She works directly with multiple nonprofit organizations to provide necessary financial reporting and improvements in financial operations,
while also providing direction and oversight for YPTC Associates working in direct client service capacities. After earning her Bachelor’s degree in Public Accounting from Iona College, she pursued an auditing career with Ernst & Young, LLP in New York. That is where she first realized her passion for working with healthcare and nonprofits. Angela left Ernst & Young as a Senior Manager after nine years and relocated to the Delaware Valley where she moved into internal auditing with the Catholic Healthcare Audit Network. After eleven years as an Internal Audit Director, Angela found her dream job with YPTC. Angela serves as the Treasurer and Finance Committee Chair of Henrietta Johnson Medical Center in Wilmington and as Co-Director of the Children’s Ministry at Seeds of Greatness Bible Church in New Castle.

Jonathan Moll
Jon is the Director of Accounting and Auditing for Belfint, Lyons, Shuman. He specializes in serving the accounting needs of nonprofit organizations and tax exempt entities. Jon’s client service philosophy is driven by a focus on responsiveness and maintaining continuous and candid communication. Focusing on the needs of his nonprofit clients, Jon facilitates public presentations on various topics relating to nonprofit organizations, their boards, and trade organizations. He also initiated and leads the firm’s nonprofit blog – The Belfint Nonprofit Ledger. As a member of the firm’s Quality Control committee, Jon is responsible for evaluating newly enacted accounting principles and auditing standards, and seeing that they are implemented. He is also chair of the firm’s human resources department, and actively involved in staff development and recruiting to attract and retain the highest level of professionals. Jon serves on the Board of Trustees as Treasurer at St. Anne’s Episcopal School, is on the
Board of Directors (Chair-Elect) for Delaware Society of Certified Public Accountants, and is a volunteer coach for the MOT Youth Soccer League and MOT Little League.