I have been invited by the Herzog Foundation to give two virtual training sessions on Fundamentals of Financial Management for Homeschool Organizations
I presented these two training sessions live in September 2024 during the day, but these sessions will be in the evening! That is to accommodate homeschool leaders who are usually homeschooling their children during the day.
Monday March 24, 2025 at 8 pm Eastern Time, 7 pm CT, 6 pm MT and 5 pm PT
Monday March 31, 2025 at 8 pm Eastern Time, 7 pm CT, 6 pm MT and 5 pm PT
The events will be live. It will not be recorded. But the slide handout will be sent to you. And a chat feature allows you to ask questions.
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. 
The topics I will cover:
Part 1 (on Monday March 24, 2025 at 8 pm ET/7 pm CT for two hours)
Funding Sources
- Types of homeschool group
- Setting tuition and discounts
- Donations
- Fundraisers
- Grants
Budgeting
- Chart of Accounts
- Creating a budget
Financial Reports for Homeschool Groups
- Profit and Loss better called Statement of Activities
- Balance Sheet better called Statement of Financial Position
- Helping your board understand a financial report
Part 2: Financial Practices (on Monday March 31, 2025 at 8 pm ET/7 pm CT for two hours)
Financial Practices
- Record keeping
- Reimbursement: Accountable plans
- Collecting early deposits for next year
- Paying workers as employees or independent contractors
- Thanking volunteers
Preventing Fraud
IRS and State taxes
- Tax exempt Status
- Maintaining tax exempt status
- Annual reports to your state
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Carol Topp, CPA
HomeschoolCPA.com
Helping Homeschool Leaders