About this event

Join us live in Portland or via your desktop!

Kay Sohl, National Trainer & Consultant
Kay Sohl Consulting

Presentation & Continental Breakfast at 7:30
Networking & Celebrating 25 Years of NFMA at 9:00

Whether your nonprofit has direct federal awards or received its federal dollars through agreements with state or local governmental entities, the White House Office of Management and Budget’s (OMB) release of the new Super Circular is bringing big changes to the requirements you must meet to manage those federal dollars. It’s official—after years of discussion OMB has announced its decision to create a Super Circular which will replace A-122, A-110, and A-133 for nonprofits. If you missed the in-depth discussion of the OMB changes at our April 25 workshop, catch up with this important news at this NFMA session.

This session will focus on the treatment of administrative and other indirect costs in the new Super Circular. Learn what your nonprofit needs to do to prepare for the changes, including:

• New opportunities for nonprofits with federally negotiated indirect cost rates to use federal dollars for administrative costs
• Cost allocation requirements
• New guidance on time records for employees performing multiple functions
• Implementation dates and strategies

About the Presenter

Kay Sohl has provided financial management training and consultation for over 5,000 nonprofit organizations throughout the country. Kay draws upon her experience as an executive director, consultant, auditor, and Board member to create trainings designed to help nonprofit leaders communicate effectively across the barriers of accounting jargon and financial anxieties. Kay is co-author of the The Oregon Nonprofit Corporation Handbook, Fifth Edition. She founded and led TACS/Nonprofit Association of Oregon through 2011, and currently leads nonprofit fiscal leaders discussion networks nationally and in Oregon. For more information, visit Kay Sohl Consulting.

About the Network

Nonprofit Fiscal Managers Association provides regular learning opportunities so you can stay up to date on nonprofit financial management practices and related legal and compliance issues. You will gain the knowledge, strategies, and systems you need to keep your organization on track.

Celebrating 25 Years!

The Nonprofit Fiscal Managers Association is celebrating 25 years! Join us immediately after this month’s session to celebrate the past 25 years with our presenter, Kay Sohl, who helped to start it all. If you are unable to attend the full session, please still consider joining us for the celebration at 9:00! The celebration portion of this event is free to all who wish to attend.

Registration Options

If you are unable to attend the live in-person event in Portland, please join us on your desktop. This presentation will be video streamed via Adobe Connect. Desktop participants will be able to participate in the conversation by asking questions through a moderated “chat” function. A recording of the presentation will be provided to all registrants.

The desktop option is available thanks to generous support from the Inland Northwest Community Foundation to make this presentation available to nonprofit leaders in Washington and Idaho.