The AICPA Not-for-Profit Section is a community for not-for-profit professionals and their business advisors. Our mission is to deliver information, tools, and resources to professionals that facilitate timely compliance with standards and regulations, promote the excellence of our members as leaders in the nonprofit sector, and serve as a connector for peer-to-peer learning and information sharing.
The Not-for-Profit Section is continuously looking for ways to innovate and improve your membership benefits and resources. If you have suggestions or if you are interested in volunteering with the AICPA to review resources, speak on a webcast, or write articles, please complete this form.
The AICPA Not-for-Profit Advisory Council was founded in 2015 to launch and support the AICPA's Not-for-Profit Section.
recommends and creates articles, downloadable tools, and sample policies for inclusion in the AICPA's online Not-For-Profit Resource Library;
contributes to eAlerts to inform members of developments that impact the nonprofit sector; and
participates in webcasts to keep members informed about significant topics and issues.
We appreciate the service and contributions of the following volunteers currently serving on the Council:
Susan E. Budak
Sue Budak, CPA, is a consultant and author who writes extensively within the not-for-profit industry, including annual updates of the AICPA Audit and Accounting Guide Not-for-Profit Entities and Checklists and Illustrative Financial Statements: Not-for-Profit Entities. As a FASB staff member and consultant, Sue worked on all the not-for-profit standards issued from 1991 through 2009. She also worked with the GASB on its reporting model for public colleges and universities. Sue received the 2008 Daniel D. Robinson Accounting Award, which is presented by NACUBO to an individual who has demonstrated a continuous commitment to the advancement of college and university accounting and financial reporting. She also received the 2019 Ensuring Student Success Award in the Volunteer category for her work with Illinois School District 54. Earlier in her career, Sue served as assistant controller at Northwestern University in Evanston, Illinois and as a senior accountant at Deloitte in Chicago, Illinois. Sue received her M.M. from the Kellogg Graduate School of Management and her B.B.A. from Loyola University Chicago.
Contact Sue Budak at firstname.lastname@example.org.
Jennifer Casacchia, CPA, is a director with Sikich LLP’s not-for-profit and higher education practices team at the firm’s headquarters in Naperville, Illinois. She has more than 20 years of experience working extensively with a variety of not-for-profit organizations, including associations, cultural and social service organizations, educational institutions, and others. Jennifer is a member of the Illinois CPA Society and serves as a member of the Illinois CPA Society’s Not-for-Profit Content Advisory Group and Not-for-Profit Organizations Committee. Jennifer holds a bachelor’s degree in accounting from North Central College. She is a licensed CPA in the state of Illinois.
Contact Jennifer Casacchia at email@example.com.
Alyssa Federico, CPA serves as Senior Vice President for Finance at Foundation For The Carolinas in Charlotte, NC. Her primary responsibilities include serving as the Foundation's financial point of contact for client relationships and other accounting-related issues. She manages the daily activities of the finance team, oversees the internal controls of the Foundation and ensures adequate controls exist. Federico holds a bachelor’s degree in accounting and a masters of professional accountancy in taxation from the University of Utah. She has more than 20 years of experience in auditing and not-for-profit accounting. She spent five years in the field of public accounting. She currently serves as Board Chair for the Finance, Administration and Operations Group (FAOG), a national network of community foundation finance, administrative and investment professionals; as a finance and audit committee member for Second Harvest Food Bank of Metrolina and CharlotteWorks; and as a member of the FASB Not-for-Profit Advisory Council.
Contact Alyssa Federico at firstname.lastname@example.org.
Betsy Krisher is President and Director of Nonprofit Services of Maher Duessel, a Pennsylvania firm specializing in service to not-for-profit organizations and governmental entities. A licensed CPA in Pennsylvania for more than 30 years, Krisher has extensive experience with not-for-profit organizations including foundations, environmental and human service agencies, and associations, as well as community development, arts/humanities, religious, and member-based organizations. Krisher serves on several committees of the AICPA and the PICPA, including the AICPA’s Tax Resource Panel for Exempt Organizations. She previously served on the AICPA’s Non-Profit Expert Panel/Audit Guide Revision Task Force. A Leadership Pittsburgh graduate, Krisher also volunteers her time with Board service for the United Way of Southwestern Pennsylvania. She speaks annually to various organizations on not-for-profit accounting and tax matters.
Contact Betsy Krisher at email@example.com.
Dave Moja (Chair)
Dave Moja is a CPA in Georgia, Florida, and Colorado. At Moja & Company he works closely with private colleges and seminaries. He is a member of the AICPA's Not-for-Profit Advisory Council and a former member of the IRS' Advisory Committee on Tax Exempt and Governmental Entities (ACT). Dave conducts workshops and delivers products on Form 990, financial statement issues, executive compensation, political issues, and unrelated business activities. He speaks extensively at accounting and tax seminars across the country, including the AICPA’s annual Not-for-Profit Industry Conference and Governmental and Not-for-Profit Training Program; the Florida Association of Chamber Professionals, Christian Leadership Alliance National Conference, National Association of College and University Business Officers annual Tax Forum; and the Florida Institute of CPAs annual not-for-profit conference. Dave earned his bachelor’s degree from Florida State University.
Contact Dave Moja at firstname.lastname@example.org.
Carolyn Mollen, CPA is the Vice President for Finance & Administration and Treasurer at Resources for the Future (RFF). She specializes in not-for-profit accounting and operations issues, with an emphasis on financial reporting, budgeting, and talent management. Prior to joining RFF, Carolyn was the chief financial officer at Independent Sector. She previously served as a manager with CliftonLarsonAllen LLP in their outsourcing department where she gained broad experience with many nonprofit organizations. Carolyn is a member of the FASB Not-for-Profit Advisory Committee. She also is a member of the board of directors at the Greater Washington Society of CPAs, where she chairs the Nonprofit Financial Accountability Task Force and previously served as chair of both the Not-for-Profit Section and the Not-for-Profit Symposium. In addition to her professional memberships, Carolyn serves as president for Travelling Players Ensemble, a nonprofit theater camp. She earned her Bachelor of Arts at the College of William and Mary, a certificate in accounting from the University of Virginia, and a Master of Public Administration from George Mason University. She is a licensed CPA in the Commonwealth of Virginia.
Contact Carolyn Mollen at email@example.com.
Cheryl R. Olson
Cheryl Olson, CPA, CGMA is the Director, Solutions Strategist for Clark Nuber, PS, providing operational, financial, technology, and governance advisory services. Prior to joining Clark Nuber, she was Director, Council Financial Consulting at the Girl Scouts of the United States of America. For more than twenty years, she has dedicated her career to the not-for-profit sector in a variety of roles, serving as volunteer, consultant, assistant executive director, chief financial officer, auditor and tax accountant. Cheryl holds licenses in Oregon, Washington and New York. She frequently shares her knowledge as an advisor, writer, and presenter, and she is one of the AICPA Not-for-Profit Certificate Program instructors. Additionally, she is a member of the Oregon Society of CPAs Not-for-Profit Committee and previously served as both Committee and Conference Chair. Cheryl serves as a member of the Finance Committee for the Girl Scouts of Oregon and Southwest Washington. She graduated from the University of the Pacific with a bachelor’s degree in business and public administration, with a concentration in accounting, and is Past President of the Alumni Club, Portland, OR Chapter.
Contact Cheryl Olson at firstname.lastname@example.org.
Ksenia Popke, CPA, JD, is an audit partner in Eide Bailly LLP's not-for-profit organizations practice, and a member of the firm's Not-for-Profit Technical Issues Committee. Ksenia serves a broad array of not-for-profit entities, including public and private foundations, educational, cultural and performing arts, health and human services, scientific and research, and federally funded not-for-profit organizations. She was a member of the Advisory Board for the School of Accountancy, Daniels College of Business at the University of Denver, and is the immediate past Chair of the Art Students’ League of Denver Board of Directors. Ksenia received the Colorado Society of CPAs “CPAs Make a Difference” and “Women to Watch” awards recognizing her as an emerging female leader for her community service and engagement. She received her Master of Accountancy degree from the University of Denver, and her juris doctor from the Ural State Law Academy. Ksenia enjoys building rich personal relationships, applying her extensive knowledge to effect creative solutions to complex problems, and sharing colorful stories of life growing up in Russia.
Contact Ksenia Popke at KPopke@eidebailly.com.
Paul Preziotti, CPA, is a partner in the multi-office CPA firm, Johnson Lambert LLP. He is responsible for providing audit and consulting services to not-for-profit entities and employee benefit plans. He has significant experience serving as an advisor for organizations on a variety of issues including risk assessment, governance, compliance, and internal control considerations. Paul is a frequent speaker on audit and accounting topics at various industry conferences and seminars. He is also an AICPA Leadership Academy alumnus and is a past chair for the Greater Washington Society of CPAs Nonprofit Finance & Accounting Symposium. Additionally, Paul serves as a board member and Treasurer for St. John's Community Services, a board member for FAR (formerly the Finance & Administration Roundtable), and a member of the governance team at the Radiation Effects Research Foundation. Paul received his Bachelor of Science in Accounting and Bachelor’s in International Business degrees from the University of Maryland.
Contact Paul Preziotti at email@example.com.
Chris is the Managing Principal of National Assurance with CLA. In this role, she oversees the national assurance technical group and service assurance leaders and is responsible for several aspects of A & A quality control, including the assurance services second review process, acquisition integration, assurance learning, development and maintenance of assurance methodologies and technologies, as well as certain other specialty areas. She works with others to implement and monitor the various aspects of the firm's A & A quality system throughout the firm. She has over 25 years of experience with the firm and has provided auditing and consulting services to a variety of clients with a focus on nonprofit and affordable housing organizations as well as single audits.
Contact Chris Stanz at Chris.Stanz@claconnect.com.
Pete Ugo is an audit partner at Crowe LLP and has 24 years of experience. He leads Crowe's national not-for-profit and higher education audit practice and is actively involved as a presenter at various national and state conferences related to the not-for-profit industry.
Contact Pete Ugo at firstname.lastname@example.org.
Amy West is the Executive Vice President and Chief Financial Officer of AHRC New York City (“AHRC”). AHRC is an organization that provides critical services to people with intellectual and developmental disabilities and their families. In her role, Amy has direct responsibility for AHRC's operating budget of over $300 million and manages a staff of ninety. Prior to joining AHRC, Amy served for eight years as the Director of Finance of the Solomon R. Guggenheim Foundation. She also held the position of Vice President of Finance and Budget at the United States Fund for UNICEF and worked as an auditor for Ernst & Young LLP specializing in the healthcare and not-for-profit industries. Amy began her career as the Coordinator of Fiscal Operations for the New York Public Library. She graduated Summa Cum Laude from Hunter College with a Bachelor of Science Degree in Accounting. Amy is actively involved in Hunter College’s Mentoring Program. She is Secretary of the Financial Managers Association of Rehab Agencies, Vice-Chair of the AICPA Not-For-Profit Industry Conference, Chair of the New York State Society of CPAs Nonprofit Conference, and a member of New York’s Nonprofit Excellence Awards Selection Committee.
Contact Amy West at Amy.West@ahrcnyc.org.
Brian Yacker, CPA/JD has nearly 30 years of tax, legal and accounting experience in serving nonprofits. Currently, he is a Nonprofit Tax Partner at Baker Tilly. His areas of expertise include public support test calculations and planning; preparation of reasonable compensation studies; governance best practices consultation; recommendations regarding effective bylaws; conducting of nonprofit governance check-ups; compliance with the §501(h) lobbying safe harbor; proper functional expense allocations; helping nonprofits through IRS and state Attorney General audits; maximizing charity watchdog ratings; preparation of federal and state tax exemption applications; conducting of unrelated business income revenue stream studies; and the proper internal and external reporting of special event fundraisers. Brian is actively involved in the AAA-CPA, the TE/GE EO Council, the AICPA EO Tax Technical Resource Panel, the AICPA Not-for-Profit Advisory Council, and the ABA Exempt Organizations Committee, and he serves on the Board of Directors for California Rural Legal Assistance and the Northwood Little League. Brian earned his bachelor's degree in finance and marketing from the University of Virginia and his juris doctor from the Indiana University School of Law (Bloomington). His personal interests include hiking, camping, sports memorabilia collecting, playing fantasy sports, Asian cooking, and spending time with his wife, two daughters, son, and two dogs.
Contact Brian Yacker at email@example.com.
We also appreciate those who have previously served on the Not-for-Profit Advisory Council:
Jennifer Brenner - 2015-2018
Cathy Clarke - 2015-2021
Karen Craig – 2015-2019
Julie Floch – 2015-2016
Michael L. Forster - 2018-2019
Jennifer Hoffman- 2018-2022
Frank Jakosz – 2015-2018
G. Bliss Jones – 2015-2019
Steve Kattell – 2015-2018
Tim McCutcheon – 2015-2019
Jeff Schragg – 2015-2018