Based on our commitment to provide meaningful value to nonprofit organizations, we are pleased to offer periodic nonprofit education session on topics that extend beyond accounting and finance. Each session will be led by guest speakers with specialized knowledge of the nonprofit industry.
Liquidity & Reserves
Tuesday, August 2, 2022
Liquidity is generally defined as the amount of cash and/or assets an organization holds that can be easily converted to cash to accomplish the organization’s mission. Because liquidity is often seen as a measurement of organizational stability, it is a key metric that is looked at by boards, grantors, and stakeholders.
In this session, hear from a panel of speakers who will each share their own unique insight on various aspects of nonprofit liquidity and reserves. Speakers include:
- Lee Klumpp, CPA, CGMA | National Assurance Partner-Nonprofit & Government | BDO USA, LLP
- Jan Sheridan | Vice President-Treasury Management | Union Bank & Trust
- Chris Bedient, CFA, CFP | Partner | HBE Wealth Management
- Scott Lawson | Vice President-Finance | Lincoln Community Foundation
Additional Resources
- Nonprofit Standards: A Benchmarking Survey (BDO USA LLP, 2022)
- Nonprofit Operating Reserves Initiative (NORI) (Nonprofit Accounting Basics, GWSCPA)
- Investment Policies for Nonprofits (National Council of Nonprofits)
- Sample Investment Policy Statement (HBE Wealth Management LLC)
Using Data to Enhance Stories of Impact; Lease Accounting Standard Update
Thursday, May 12, 2022
Part 1: Using Data to Enhance Stories of Impact
Telling stories of mission impact in order to build emotional connections is one of the keys to success for nonprofit organizations. In today’s world of data abundance, data analytics is a powerful tool that can be used to enhance these storytelling efforts. Whether clarifying quantitative measurements, highlighting data set relationships, or drawing attention to important statistics, presenting organizational data in a visual and easily digestible format can help bring a story to life. In this portion of the session, Allisa Lovitt, Marketing Manager, and Ryan Van Ostrand, Data Analyst, will identify some common nonprofit performance indicators and share examples of how data analytics is being used within the industry to strengthen insight and engagement.
Part 2: Lease Accounting Standards Update
In this portion of the session, Rose Pinkman, CPA, CFE, Assurance Manager, will provide an update on the implementation of ASC 842-Leases. This will include in-depth information on the following:
- An overview of what changed from the previous standards to the new standards
- Lease considerations
- Accounting for leases, including the accounting entries and disclosures
- Resources and examples
HR and Its Impact on Your Organization's Success | How the Biden Tax Proposal May Impact Nonprofit Fundraising
Part 1: HR and Its Impact on Your Organization’s Success
Presented by:
Steph Vanous and Chad Theis
Zelle Human Resources Solutions
HR is a critical component to any organization regardless of size. However, most people don’t know how to effectively implement HR strategies. In this session, participants will leave with effective action items to implement both traditional and nontraditional HR processes. In this presentation, we will discuss relevant topics related to the current recruiting environment, along with changes and updates organizations need to be aware of with COVID. Ultimately, participants will gain an understanding of the importance of HR, and its impact on the overall success of the organization.
Part 2: How the Biden Tax Proposal May Impact Nonprofit Fundraising
Presented by:
Chad Pfeifer, and/or Jimmy Schulz, CPA, CVA, MT
HBE Tax Practice Leaders
The Biden Administration’s tax proposal contains several components that may directly impact how taxpayers approach advanced charitable giving and estate planning. In this session, we will provide an overview of the proposed changes and how they may impact nonprofit fundraising efforts. Ultimately, it is important that nonprofit organizations understand these proposed changes so they can proactively plan how they will communicate with donors in the event that the changes take effect in the future.
Planning for Succession in the Midst of Uncertainty
Succession planning is a challenging topic to address, but it is critical for the success of your organization to have this discussion. The current COVID-19 pandemic has reminded us all that leadership changes will happen, whether we have made plans for them or not. Please join special guest trainer, Ingrid Kirst, to learn more about creating a solid plan to make those transitions smoother.
Creating a Talent Management Strategy for Your Organization
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With special guest speaker, Jeremy Wortman, owner of HRD Initiatives.
Most organizations have a clear understanding and plan for their operational strategy. However, when asked if they have a clear strategy regarding their human capital more than 80% say they have “no plan” or “very little of a plan” (e.g., they may have a staffing plan or do some sort of succession planning). Yet, when asked how important their people are to the ongoing, long-term success of their business the overwhelming response is, “critically important.” Thus, there is a large disconnect between the practice of talent management and its idealized state. Accordingly, this session helps leaders understand the robust nature of talent management and how they can begin thinking and creating a more strategic approach to the acquisition, engagement, development, and retention of their most valuable asset – their people.
During this session participants will explore a framework that they can use to immediately begin assessing their own organization in terms of talent management without over-engineering the process. Participants will be intellectually stimulated to think about the people-side of their business in a more comprehensive and deeper manner; thus, positioning themselves to identify areas of enhancement that drives their operational strategy.
At this semi-monthly complimentary webinar series, held for 10 minutes at 10:00 AM every-other Tuesday, HBE professionals and guest speakers will provide timely updates, information, and education on topics that are important for the growth and success of your business or nonprofit organization.
Business Owner Succession Planning
September 27. 2022
About this Session
In most situations, the business owner’s company is their largest asset. However, oftentimes we as business owners work so much ‘in the business’ rather than working ‘on the business’. In this session, we will hear about some lessons learned, identify potential pitfalls, and highlight some tips for business owner transition readiness.
Presented by
Robert B Wellendorf II, AEP®, CAP®
Founder and Owner, Executive Wealth Strategies, Business Exit Planning
Understanding the Tax Impacts of the Inflation Reduction Act of 2022
August 30, 2022
About this Session
The recently passed Inflation Reduction Act of 2022 includes several provisions that will impact taxpayers in 2023 and beyond. HBE’s Brian Klintworth, CPA, MT, will dive into the bill’s key items, from additional IRS funding to tax credits for electric vehicles and energy-efficient home improvements. Along with other updates and changes, Klintworth will provide details useful for your 2022 year-end tax planning.
Presented by
Brian M. Klintworth, CPA, MT
Partner, HBE LLP
Previous Webinars
August 16, 2022 – Nonprofit Management Certification Opportunities
About this Session
Today’s nonprofit leader is challenged like never before. As component of the Center for Executive and Professional Development at the University of Nebraska-Lincoln, the Nebraska Nonprofit Management Institute has developed a rigorous series of executive education programs designed to refine the skills nonprofit leaders need to make a larger and lasting impact on the people and communities they serve. These non-degree executive certificate programs present best practices in nonprofit management, finance and fundraising that can advance the success of your organization, whatever its size or mission.
In this session, UNL MBA faculty member Jim Croft, Ph.D., and Emre Unlu, Ph.D., CFA, Executive Director of the Center for Executive and Professional Development, will detail all the benefits these exciting programs have to offer.
Program fees are $650 per person. Cost assistance opportunities are available. For more information and to register, please visit the Nonprofit Management Institute website. Use Code “HBEPARTNER2022” for $150 off EACH program!
August 9, 2022 – Performance Review #8
About this Session
So much has happened in the world this year. What’s the scorecard for a broadly diversified investor in the stock market, and how does that compare with the results of the “market-on-the-news” published in the media? How did the various
July 12, 2022 – Understanding the Uniqueness of Nonprofit Financial Statements
About this Session
Many of us have the distinct opportunity to give back to the nonprofit organizations serving our community in a variety of ways, such as through our financial resources, board member service, or other volunteer activities. HBE believes an organization’s financial statements can serve as a valuable tool to aid in your efforts and inform your decisions. Please join us this Tuesday to learn more about the unique aspects of reading and understanding nonprofit financial statements.
Presenter
Krystal L. Siebrandt, CPA, CFE, CGMA
Partner, HBE LLP
June 28, 2022 – Lease Accounting Standards Update
About this Session
In this week’s 10 Minute Tuesday, Rose Pinkman, CPA, CFE, and Assurance Director, will provide an update on the implementation of ASC 842-Leases.
This will include in-depth information on the following:
• An overview of the new lease accounting standard
• A general impact of the new standard on the balance sheet and income statement
• Example journal entries including initial entries and subsequent entries
• Action steps to get ready for implementation
Presenter
Rose Pinkman, CPA, CFE
Assurance Director, HBE LLP
May 10, 2022 – Fixed Income Performance in 2022
About this Session
In this week’s 10 Minute Tuesday, Brian Haywood of Buckingham Strategic Wealth will discuss the drivers of fixed-income performance year to date. Brian will also examine the future outlook for interest rates and inflation.
Presenter
Brian Haywood
Investment Strategy Advisor,
Buckingham Strategic Wealth
Brian Haywood takes pride that in an industry where decisions are often driven by commissions and not conscience, he and his team spend their time customizing portfolios on behalf of Buckingham Strategic Wealth clients, upholding their fiduciary responsibility by doing what’s in the best interest of each client. Brian is also a member of the firm’s Investment Policy Committee, lending his insight on the firm’s overall investment strategy.
April 26, 2022 – Data Analytics: Three Simple Questions to Get Started
About this Session
For most business owners and organizational leaders, the term “data analytics” has become standard (arguably essential) lingo in recent years. Although most savvy leaders easily recognize the importance of using data to understand historical results, identify current trends, and predict future outcomes, it can be very challenging to take the first step toward becoming a data-driven organization.
To help alleviate the pressure of trying to create a large-scale, long-term data analytics program, which can be incredibly overwhelming, businesses can start by introducing data analytics using a more practical day-to-day approach. For those who are ready to take the first step, answering three simple questions can provide the jump start they need to begin harnessing the power of their business intelligence.
Presenter
Allisa Lovitt
Marketing and Executive Support Manager,
HBE LLP
April 12, 2022 – Nebraska Legislative Session Recap for Employers
About this Session
Kristen Hassebrook provides an update on the 2022 Nebraska Legislative session on legislation of importance to employers such as tax policy, allocation of federal pandemic funds, employment law, among others.
Presenter
As executive vice president of Legislation & Policy, Kristen Hassebrook lobbies at the state and federal level on behalf of Nebraska businesses. She also engages in issues management with regulatory agencies that regulate Nebraska businesses.
Kristen is a graduate of the University of Nebraska and the Nebraska College of Law. She and her husband have two daughters and live outside of Lincoln where they raise livestock.
March 29, 2022 – Market Declines and Human Behavior
About this Session
It’s necessary to actively monitor investments during the changing tides of financial markets. But, it is also essential for investors to manage emotional impulses that stem from market ups and downs. Chris will spend a few minutes explaining how investors can successfully ride the waves of
March 15, 2022 – Legacy… Leaving Money, Collectibles & iCloud Data
About this Session
People spend a significant amount of time planning for the distribution of their assets and belongings. Chris will spend a few minutes sharing information about how to designate an iCloud legacy contact that can retrieve your photos, videos & notes w
March 1, 2022 – Maximizing Teamwork in a Hybrid Workspace
About this Session
Many companies now offer both in-person and virtual workspace solutions, but navigating this new territory can prove to be complex. Join us as Chad Thies offers solutions for maximizing teamwork in the hybrid workspace.
Presenter
Chad Thies
President
Zelle Human Resource Solutions
Feb. 15, 2022 – Small Cap and Value Stock Performance
Investors who diversify beyond the large companies in the S&P 500 or the Dow Jones also have exposure to small caps or value stocks. Over the past few years these asset classes have not performed as well. In this session, Apollo Lupescu with Dimensional Fund Advisors will provide responses to the following questions surrounding these asset classes:
Has anything changed fundamentally, or does it still make sense for investors to hold those small and value stocks?
Have we seen other similar periods of longer-term underperformance?
Ultimately, how should investors think about these market dimensions and diversification going forward?
Feb. 1 2022 – It’s Tax Time! Preparing to File Your Individual Tax Return
In this session, Jared Abrahamson, HBE Senior Accountant, will summarize some key factors that individual taxpayers should be aware of as they prepare to file their 2021 tax return. He will provide an overview of new IRS letters, a list of the typical documents needed for completing your tax return, and other items to consider as you begin gathering your information.
Although the April 15 deadline may seem far away, now is the time to begin planning and organizing to ensure your return is accurate and on time!
Presenter
Jared L. Abrahamson, CPA
Senior Accountant
HBE LLP
Jan. 18, 2022 – Update on Wealth Transfer Taxes
On the 2020 presidential campaign trail, then-candidate Joe Biden expressed a desire to reduce the gift and estate tax exemption and increase the max gift and estate tax rate. Once Biden was elected, rumors of potential changes continued. In this session, we will confirm the current estate and gift tax rates, provide an update on potential changes that may yet be in the pipeline, and highlight some important planning points taxpayers should consider going forward.
Presenter
Chad L. Pfeiffer
Principal
HBE LLP
The world moves fast, and it can be difficult to keep up with ever changing deadlines, laws, and regulations. Led by our very own talented HBE professionals, these webinars are designed to take the hard work out for you. From small businesses to loans and beyond, we’re the experts so you don’t have to be.
SBA/PPP Loan Updates in December Stimulus Bill
Download Slides, View Recording
Dec. 23, 2020
Presented by:
Brian Klintworth, CPA, MT
Manager, HBE
About This Session
This session provides updates on the provisions of the COVID-19 relief bill passed by Congress on December 21, 2020.
Paycheck Protection Program (PPP) Updates
Nov. 12, 2020
30 Minutes
Presented by:
Brian Klintworth, CPA, MT
Manager, HBE
About This Session
This session provides timely updates on the Paycheck Protection Program (PPP), including recommended next steps for the loan forgiveness process and how HBE can help with forgiveness applications. Although there are still many unknowns, our team has been diligently reviewing all of the information in or order to stay on top of the process. As banks are starting to accept the applications in force, and the 24 week covered period has expired for most businesses, now is the time to start jumping into the process of applying for forgiveness.