2026-03-11T11:45:08-07:00 2025-04-30 990 2024-05-01 200978565 CALCPA INSTITUTE CALC 6505223021 500 Capitol Mall Suite 1760 Sacramento CA 95814 Natalie Quan CFO 6505223021 2026-03-11 1 2024 2025-03-06 01:10:19Z Natalie Quan 500 Capitol Mall Suite 1760 Sacramento CA 95814 1634952 0 X https://www.calcpa.org/get-involved/calcpa-institute X 2004 CA ADVANCE FINANCIAL EDUCATION AND IMPROVE FINANCIAL LITERACY OF THE PUBLIC. 15 15 0 128 0 0 315292 356961 7626 14833 74189 152768 920 0 398027 524562 263445 544063 0 0 569023 620435 0 0 0 262363 298222 1094831 1462720 -696804 -938158 3390023 3485241 1880586 2784893 1509437 700348 To inspire diverse and talented individuals to become CPAs and empower them to stay in the profession. 0 0 588984 544063 0 SCHOLARSHIPS: CALCPA INSTITUTE AWARDS SCHOLARSHIPS TO HUNDREDS OF STUDENTS THROUGHOUT CALIFORNIA AT ALL TWO AND FOUR-YEAR UNIVERSITIES. THESE RECIPIENTS ARE MAJORING IN ACCOUNTING, BUSINESS, ENTREPENURSHIP, INFORMATION SYSTEMS, ECONOMICS, ETC. AND HAVE THE INTENTION TO GO INTO AN ACCOUNTING-RELATED CAREER. THESE FUNDS ARE RAISED BY ITS MEMBERS FROM THE FOURTEEN CHAPTERS AND FROM CORPORATE PARTNERS. CALCPA INSTITUTE ALSO HELD NUMEROUS FINANCIAL LITERACY WORKSHOPS AND EVENTS ATTENDED BY THOUSANDS OF CALIFORNIANS. MEMBERS OF THE CALIFORNIA SOCIETY OF CPAS, THROUGH THE INSTITUTE, ALSO PROVIDED ASSISTANCE BY SHARING THEIR KNOWLEDGE WITH THE PUBLIC THROUGH COLLABORATION WITH STATE LEGISLATORS AND ASSISTANCE PROGRAMS. 816983 0 7420 STUDENT OUTREACH: AT THE HIGHSCHOOL LEVEL, CALCPA SPONSORS DECA AND FUTURE BUSINESS LEADERS OF AMERICA EVENTS TO HELP INSPIRE NEXT GENERATION TO PURSUE CAREERS IN ACCOUNTING. FROM COMMUNITY COLLEGE TO CPA IS A PROGRAM OFFERED ON COMMUNITY COLLEGE CAMPUSES AND VIRTUALLY ACROSS THE STATE THAT AIDS STUDENTS IN THE TRANSITION FROM A TWO YEAR COLLEGE AND HELP KICKSTART THEIR CPA JOURNEY. THE INDUSTRY INFLUENCER PROGRAM ESTABLISHES STUDENT REPRESENTATIVES ON VARIOUS COLLEGE CAMPUSES WITH THE GOAL OF BUILDING STRONGER RELATIONSHIPS WITH ACCOUNTING EDUCATORS AND STUDENTS, AS WELL AS PROMOTING THE ACCOUNTING PROFESSION AND CPA LICENSURE. CALCPA ALSO HOSTS FIRM CRAWL FIELD TRIPS FOR COLLEGE STUDENTS TO VISIT FIRMS, MEET PARTNERS AND PERSONALLY GET A FEEL FOR DIFFERENT SIZE FIRMS. IN ADDITION, THE INSTITUTE OVERSEES BELONGING EFFORTS WITHIN THE CPA PROFESSION BY MANAGING A MENTORSHIP PROGRAM, CONNECTING STUDENTS WITH DIVERSE PROFESSIONALS ACROSS THE STATE. 48617 0 7413 CALCPA LEADERSHIP INSTITUTE IS A 5-DAY PROGRAM DESIGNED TO TEACH CALCPA MEMBERS SKILLS THAT WILL MAKE THEM BETTER LEADERS AND MANAGERS. PARTICIPANTS GROW AS VOLUNTEER AND BUSINESS LEADERS AS THEY FOCUS ON IMPROVING LEADERSHIP BEHAVIOR, AS WELL AS CRITICAL THINKING AND MANAGEMENT SKILLS. THE CALIFORNIA CPA EDUCATION FOUNDATION AND CALCPA UNDERWRITE THE COSTS OF THE PROGRAM EXCEPT FOR A SMALL ADMINISTRATIVE FEE THAT IS THE RESPONSIBILITY OF THE INDIVIDUAL PARTICIPANT. 0 0 0 1454584 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 X 21 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X Natalie Quan 6505223021 500 Capitol Mall Suite 1760 Sacramento CA 95814 Denise Froemming President and CEO 1.0 39 X 0 561186 14864 Natalie Quan VP and CFO of Financial Strategy and Business Excellence 1 39 X 0 279711 15423 Heather Collins Senior Director-DE&I, Pipeline and Engagement 40 0 X 0 188943 11069 Tayiika Dennis Past Chair (Immediate) through 7-2024 0.1 1 X X 0 0 0 Meredith Johnson Past Chair (Immediate) 0.1 1 X X 0 0 0 Matthew Martin Chair 0.1 1 X X 0 0 0 Jillian N Phan First Vice Chair 0.1 1 X X 0 0 0 Miklos Ringbauer Secretary/Treasurer 0.1 1 X X 0 0 0 Andrea Cope Foundation President (through 7-2024) 0.1 1 X 0 0 0 Ruben Davila Foundation President (eff 7-2024) 0.1 1 X 0 0 0 Grace Clark Vice Chair 0.1 1 X X 0 0 0 Jonathan Bryson Vice Chair 0.1 1 X X 0 0 0 Mike Ray Vice Chair (eff 7-2024) 0.1 1 X X 0 0 0 Dalton R Sweaney Vice Chair (eff 7-2024) 0.1 1 X X 0 0 0 David J Neighbors Vice Chair (through 7-2024) 0.1 1 X 0 0 0 Mei-Li Huang Appointed Member (through 7-2024) 0.1 1 X 0 0 0 Adam Blaylock Appointed Member 0.1 1 X 0 0 0 Amber Setter Appointed Member (eff 7-2024) 0.1 1 X 0 0 0 Erin Roche Council Representative (through 7-2024) 0.1 1 X 0 0 0 Marjorie McPike Council Representative 0.1 1 X 0 0 0 Charles Osaki Council Representative 0.1 1 X 0 0 0 Glenn Freed Council Representative (eff 7-2024) 0.1 1 X 0 0 0 Julia Walther Council Representative (eff 7-2024) 0.1 1 X 0 0 0 0 1029840 41356 0 0 1 0 0 0 0 0 227746 0 129215 10423 356961 Leadership Institute 900099 7413 7413 0 0 Student Outreach/CPA Career 813319 7420 7420 0 0 0 0 0 0 14833 120584 0 0 120584 0 0 0 0 0 0 0 0 0 0 1142574 0 1110390 0 32184 0 32184 0 0 32184 0 0 524562 14833 0 152768 32682 32682 511381 511381 0 0 0 0 0 0 0 0 0 0 0 0 486429 486429 0 0 27346 27346 0 0 71823 71823 0 0 34837 34837 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 8136 0 8136 0 63096 63096 0 0 14532 14532 0 0 28414 28414 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45947 45947 0 0 0 0 0 0 138097 138097 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1462720 1454584 8136 0 275844 114541 0 0 38607 30080 0 0 0 0 7457 495 3068115 3340125 0 0 0 0 3390023 3485241 103339 73755 0 19759 0 0 0 0 0 1757488 2711138 1880586 2784893 X 1509437 700348 0 0 1509437 700348 3390023 3485241 -938158 129069 0 0 0 0 X 0 1 X 1 0 X X X 1 California Society of Certified Public Accountants 941056137 10 1 0 1454584 1 0 1454584 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part IV, Section A, Line 3b CALCPA INSTITUTE OBTAINED THE TAX RETURN AND MAINTAINED FINANCIAL RECORDS OF ITS SUPPORTED ORGANIZATION, CALIFORNIA SOCIETY OF CPA (A 501(C)(6) ORGANIZATION), TO ENSURE THE ORGANIZATION SATISFIED THE PUBLIC SUPPORT TESTS UNDER SECTION 509(A)(2). Schedule A, Part IV, Section A, Line 3c CALCPA INSTITUTE DOES NOT SUPPORT CALCPA WITH MONETARY DONATIONS. THE INSTITUTE SUPPORTS CALCPA BY PROVIDING CALCPA CHAPTERS THE MEANS TO ADMINISTER AND FUND THEIR SCHOLARSHIP FUNDS, FUND THEIR FINANCIAL LITERACY, AND OTHER EDUCATIONAL PROGRAMS. CALCPA UTILIZES A CLOUD-BASED APPLICATION CALLED "SMARTERSELECT" WHICH FACILITATES THE APPLICATION FOR SCHOLARSHIPS AND APPROVAL. EACH CHAPTER HAS A SCHOLARSHIP COMMITTEE THAT REVIEWS APPLICATIONS ONLINE BASED ON THEIR CHAPTER'S REQUIREMENTS AND DETERMINES THE AMOUNT EACH RECIPIENT RECEIVES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 Due to Affiliates 2711138 2711138 X Schedule D, Part X, Line 2 THE CALCPA INSTITUTE IS EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(3) AND RELATED CALIFORNIA CODE SECTIONS. HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES FROM ACTIVITIES UNRELATED TO ITS TAX-EXEMPT PURPOSES. THE INSTITUTE IS CONSIDERED A PUBLICLY SUPPORTED ORGANIZATION. MANAGEMENT HAS EVALUATED ITS TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES. MANAGEMENT DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. 1 California State University Fresno Foundation 4910 N Chestnut Ave Fresno CA 93726 946003272 501(c)(3) 10000 Scholarship Grant Allan Hancock College Foundation 800 South College Drive Santa Monica CA 93454 953143396 501(c)(3) 8000 Scholarship Grant 2 0 Scholarship Grants 280 456081 0 E-gift cards to accounting students for books 158 55300 0 Schedule I, Part I, Line 2 CALCPA INSTITUTE REQUIRES THAT INDIVIDUALS COMPLETE AN APPLICATION FOR THE SCHOLARSHIP. SCHOLARSHIP AWARDS ARE GRANTED TO THE STUDENTS WHO SHOW THE MOST PROMISE IN PURSUING ACCOUNTING AS A CAREER. THE AWARDS ARE NOT BASED ON FINANCIAL NEED. THE AWARD DECISION IS BASED UPON THE STUDENTS' GRADES, WORK EXPERIENCE, OUTSIDE ACTIVITIES AND OTHER FACTORS. CALCPA INSTITUTE DOES NOT MONITOR THE USE OF GRANTS FUNDS. SOME CHAPTERS OF CALCPA DONATE TO THE ENDOWMENT FUNDS OF BUSINESS SCHOOLS. THE SCHOOLS WILL DECIDE WHICH STUDENTS WOULD RECEIVE THE GRANTS AND WILL MONITOR THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 Denise Froemming President and CEO 0 486186 0 75000 0 0 0 14864 0 239 0 576289 0 0 Natalie Quan VP and CFO of Financial Strategy and Business Excellence 0 269711 0 10000 0 0 0 15423 0 239 0 295373 0 0 Heather Collins Senior Director-DE&I, Pipeline and Engagement 0 188943 0 0 0 0 0 11069 0 3000 0 203012 0 0 Schedule J, Part I, Line 3 THE SOCIETY BOARD OF DIRECTORS IS DELEGATED RESPONSIBILITY TO REVIEW THE CEO'S GOALS, PERFORMANCE, AND COMPENSATION TO THE CEO GOALS AND OBJECTIVE COMMITTEE ("COMMITTEE"). THE COMMITTEE IS COMPRISED OF THE PRESIDENT, PAST PRESIDENT, FIRST VICE PRESIDENT AND SECRETARY/TREASURER. ALL MEMBERS OF THE COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE DETERMINATION OF THE CEO'S COMPENSATION. THE COMMITTEE MEETS AND SETS OUT GOALS FOR THE CEO TO ACCOMPLISH THROUGHOUT THE YEAR AFTER THE END OF THE FISCAL YEAR, THE COMMITTEE PERFORMS THEIR DUE DILIGENCE REVIEWS OF THE CEO'S GOALS AND PERFORMANCE AS WELL AS THE COMPARABLE DATA AND MAKES THE FINAL RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH HAS FINAL APPROVAL. COMPARABLE DATA INCLUDES FORM 990 OF OTHER STATE CPA SOCIETIES SIMILAR TO SIZE AND A COMPENSATION SURVEY CONDUCTED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE). THE CEO DETERMINES THE SALARY OF THE CFO BASED ON AN ANNUAL PERFORMANCE REVIEW MEASURES AGAINST GOALS PRESET BY THE CEO. Form 990, Part I, Line 6 VOLUNTEERS ARE CALCPA MEMBERS WHO SIGN UP TO GET INVOLVED IN THE FOLLOWING (1) TALK TO HIGH SCHOOL OR COLLEGE STUDENTS ABOUT BUDGETING, CREDIT OR SAVINGS AND INVESTING, OR HELP THEM DISCOVER A CPA CAREER; (2) HOLD WORKSHOPS TO EDUCATE PUBLIC ON FINANCIAL LITERACY ; (3) BEING A TAX VOLUNTEER BY SHARING THEIR KNOWLEDGE WITH THE PUBLIC BY COLLABORATING WITH STATE LEGISLATORS, LOCAL CHAMBERS OF COMMERCE, TAX ASSISTANCE PROGRAMS AND TELEVISION AND RADIO NEWS SHOWS. DIVERSITY AND INCLUSION VOLUNTEERS WORK SPECIFICALLY WITH UNDER-REPRESENTED MINORITY STUDENTS BY BRINGING CAREER AWARENESS TO THE CPA PROFESSION AND FINANCIAL LITERACY EDUCATION TO THE CLASSROOM. VOLUNTEERS ALSO INCLUDE NON-COMPENSATED BOARD MEMBERS. Form 990, Part V, Line 2a CALCPA INSTITUTE DID NOT ISSUE A W-2. THE COMPENSATION PROVIDED ON PART IX IS FOR THE SHARED EMPLOYEES THAT ARE ON THE CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTS ("CALCPA") PAYROLL. CALCPA ISSUED THE W-2 FOR THESE EMPLOYEES. Form 990, Part VI, Section B, Line 11b FORM 990 IS PREPARED BY CALCPA STAFF. IT IS REVIEWED IN DETAIL BY THE CONTROLLER AND A SECONDARY, HIGH-LEVEL REVIEW IS CONDUCTED BY THE CFO AND INDEPENDENT ACCOUNTANTS. THE REVIEWED DRAFT IS CIRCULATED TO MEMBERS OF THE AUDIT COMMITTEE REQUESTING THE REVIEW, COMMENTS AND QUESTIONS. ALL THE QUESTIONS AND CONCERNS ARE ADDRESSED AND RESULTING NOTIFICATIONS ARE MADE AS APPROPRIATE. ONCE THE REVIEW PROCESS IS COMPLETED, THE FORM 990 IS PROVIDED TO ALL COUNCIL AND BOARD MEMBERS AND IS FILED WITH THE IRS ON OR BEFORE THE DUE DATE. Form 990, Part VI, Section B, Line 12c THE INSTITUTE ANNUALLY REQUIRES THAT ALL MEMBERS OF THE BOARD OF DIRECTORS READ THE CONFLICT-OF-INTEREST POLICY AND SUBMIT A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENTS ARE REVIEWED UPON RECEIPT. IF CONFLICTS ARE IDENTIFIED, CALCPA'S CEO REVIEWS THE STATEMENT AND WILL REFER TO LEGAL COUNSEL, IF NECESSARY. IN ITS ANNUAL TRAINING OF INCOMING BOARD MEMBERS CALCPA DISCUSSES WITH ITS LEADERS THAT THE ORGANIZATION IS GOVERNED BY CALIFORNIA CORPORATION CODE AND THAT THEY HAVE A FIDUCIARY DUTY AS DIRECTORS OF CALCPA. Form 990, Part VI, Section B, Line 15 CALCPA INSTITUTE IS ORGANIZED AND OPERATING TO PERFORM THE FUNCTIONS OR TO CARRY OUT THE PURPOSE OF THE CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS ("CALCPA"). INSTITUTE IS UNDER THE SAME MANAGEMENT OF CALCPA. THE CALCPA BOARD OF DIRECTORS DELEGATES RESPONSIBILITY TO REVIEW THE CEO'S GOALS, PERFORMANCE, AND COMPENSATION TO THE CEO GOALS AND OBJECTIVE COMMITTEE ("COMMITTEE"). THE COMMITTEE IS COMPRISED OF THE PRESIDENT, PAST PRESIDENT, FIRST VICE PRESIDENT AND SECRETARY/TREASURER. ALL MEMBERS OF THE COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE DETERMINATION OF THE CEO'S COMPENSATION. THE COMMITTEE MEETS AND SETS OUT GOALS FOR THE CEO TO ACCOMPLISH THROUGHOUT THE YEAR AFTER THE END OF THE FISCAL YEAR, THE COMMITTEE PERFORMS THEIR DUE DILIGENCE REVIEWS OF THE CEO'S GOALS AND PERFORMANCE AS WELL AS THE COMPARABLE DATA AND MAKES THE FINAL RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH HAS FINAL APPROVAL. COMPARABLE DATA INCLUDES FORM 990 OF OTHER STATE CPA SOCIETIES SIMILAR TO SIZE AND A COMPENSATION SURVEY CONDUCTED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE). THE CEO DETERMINES THE SALARY OF THE CFO BASED ON AN ANNUAL PERFORMANCE REVIEW MEASURES AGAINST GOALS PRESET BY THE CEO. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. THE CONFLICT-OF-INTEREST POLICY IS AVAILABLE UPON REQUEST. California Society of Certified Public Accountants 500 Capitol Mall Suite 1760 Sacramento CA 95814 941056137 Advance the profession of accountancy in CA CA 501(c)(6) N/A 0 California CPA Education Foundation 500 Capitol Mall Suite 1760 Sacramento CA 95814 946130841 Providing continuing education to CPAs and financial professionals CA 501(c)(3) Line 10 California Society of CPAs 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 California Society of Certified Public Accountants o 362926 Cost of Transactions California Society of Certified Public Accountants e 2044451 Year End Balance California Society of Certified Public Accountants c 227746 Cost of Transactions