I have been invited by the Herzog Foundation (who promote Christian education in all its forms, private, micro, homeschooling) to give two virtual training sessions on Financial Stewardship for Homeschool Organizations
I feel like I am shoving 20+ years of experience in advising homeschool groups into two 2-hour sessions! LOL! IOW, these two virtual sessions will be JAM packed.
The dates are Thursday September 19 and 26, 2024 at 11 am CT/12 noon ET.
I realize that this is in the middle of your homeschool day and the events will be live. It will not be recorded. Sorry. The Herzog Foundation has asked me to repeat the session in early 2025; maybe we can aim for evening sessions then.
It’s free. The Foundation’s goal is to provide training to homeschool group leaders free of charge, you just have to commit the time. 
Thursday September 19, 2024 11 am CT/12 noon ET for Part 1 Funding Sources
Thursday September 26, 2024 11 am CT/12 noon ET for Part 2: Financial Practices
The topics I will cover:
Part 1: Funding Sources (on September 19, 2024 at 11 am CT/12 noon ET for two hours)
- Types of homeschool group
- Tuition: Setting tuition and tips
- Donations
- Fundraisers: Ideas and advice. Avoiding UBIT and inurement
- Grants: Ideas and advice
Budgeting
- Chart of Accounts: Tips and Examples
- Creating a budget
- Using and maintaining a budget
- Using software
Financial Reports for Homeschool Groups
- Profit and Loss better called Statement of Activities: Tips and examples
- Balance Sheet better called Statement of Financial Position: Tips and examples
- Helping your board understand a financial report
Part 2: Financial Practices (on September 24, 2024 at 11 am CT/12 noon ET for two hours)
Money Management Tips
- Record keeping
- Reimbursement: Accountable plans
- Collecting early deposits for next year
- Paying workers as employees or independent contractors
- Thanking volunteers
Avoiding fraud
IRS and State taxes
- Maintaining tax exempt status
- Annual reports to IRS and your state
I told you it will be jam packed!
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Carol Topp, CPA
HomeschoolCPA.com
Helping Homeschool Leaders