Dirty Sexy Money: Net Assets & Contributions
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Dirty Sexy Money: Net Assets & Contributions

Understand the organization’s financial position and manage its assets by learning the rules and best practices around soliciting and accepting the full spectrum of charitable gifts.

 Export to Your Calendar 11/16/2016
When: Wednesday, November 16
9 - 11 AM
Where: Map this event »
Nonprofit Association of the Midlands
11205 Wright Circle
Suite 210
Omaha, Nebraska  68144
United States
Presenter: Jerry O'Doherty, Partner, Seim Johnson
Contact: Daniel Walsh
402-557-5800 4#

Online registration is available until: 11/15/2016
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$35 Members
$70 Non-members



Understanding a nonprofit's financial position (or balance sheet) is different from that of for-profit companies because of accounting rules for classifying and reporting gifts and other revenue of nonprofits. Net assets describe the net worth of the organization, calculated by subtracting an organization’s liabilities from its assets. This session dives into the murky world of net asset classificationand reporting which is essential to any nonprofit's financial management and development efforts.



  • Contributions vs. Exchange Transactions
  • Transfer of assets
  • Recognition for contributions
  • Unconditional vs. Conditional Promises to Give
  • Donor-Imposed conditions & restrictions
  • Refundable Advances
  • Intentions To Give
  • Promises vs. Intentions
  • Restrictions vs. Designations
  • Determining fair value
  • Gifts-In-Kind
  • Unrestricted, Temporarily Restricted, and Permanently Restricted Net Assets
  • Uniform Prudent Management of Institutional Funds Act



  • Responsible for an organization's finances , accounting or fundraising 
    (ED,  Operations, Development, Board members, Finance Committee members)
  • Engaged in fundraising and development
  • New to nonprofit financial management, including those with previous experience in government or for-profit accounting
  • Already familiar with nonprofit functional accounting



Jerry O'Doherty, Partner, Seim Johnson LLP 
LeAnne Kaiser, Seim Johnson LLP