Overview
What is Calcpa Institute?
The Calcpa Institute, located in Sacramento, California, serves as a nonprofit organization dedicated to promoting financial education and improving financial literacy among the public. Funded by the fourteen chapters and various sources, it grants scholarships to over 220 college and university students in California pursuing careers in accounting, known as Certified Public Accountants (CPAs). Additionally, the Calcpa Institute organizes numerous financial literacy workshops and events, which have been attended by over 1,500 Californians. Furthermore, the California Society of CPAs, through the Institute, shares their expertise with the public by collaborating with state legislators, participating in assistance programs, and contributing to television and radio news shows. Ultimately, the Calcpa Institute's mission is to support the public and accounting profession by advancing financial education.
Official website here: www.calcpa.org
Is Calcpa Institute legitimate?
Calcpa Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Calcpa Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $430,981
For more financial information, click here
Official website here: www.calcpa.org
What is the mission statement of Calcpa Institute?
The Calcpa Institute's mission is centered around advancing financial education and improving financial literacy among the general public. This non-profit organization supports both the public and the CPA profession by promoting financial education. They provide scholarships to aid college and university students pursuing CPA careers, and they conduct numerous financial literacy workshops and events, which were attended by over 1,500 Californians. Furthermore, members of the California Society of CPAs, through the Institute, share their expertise with the public by collaborating with state legislators, assistance programs, and media outlets.
Official website here: www.calcpa.org
Who is the CEO of Calcpa Institute?
Denise Froemming is the CEO of Calcpa Institute The CEO's salary of Calcpa Institute is $0 and their total compensation is $528,740.
Official website here: www.calcpa.org
What is the revenue of Calcpa Institute?
Calcpa Institute's revenue in 2024 was $398,027.
Official website here: www.calcpa.org
Who are the executives of Calcpa Institute and what are their salaries?
There 154 volunteers at Calcpa Institute.
Here are 22 key members and their salaries (Calcpa Institute's CEO's salary is $0 and their total compensation is $528,740):
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- Related: $512,153
- Other: $16,587
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- Related: $270,536
- Other: $14,586
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- Related: $191,159
- Other: $12,572
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Official website here: www.calcpa.org
Where can I find the form 990 for Calcpa Institute?
Calcpa Institute's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.calcpa.org
Learn more at the official website: www.calcpa.org
Mission Statement of Calcpa Institute
The CalCPA Institute, a nonprofit organization, is committed to promoting financial education and enhancing the financial literacy of the public. Its mission is twofold: firstly, it aims to support the CPA profession by advancing financial education, and secondly, it provides assistance to the public at large.
In pursuit of its mission, the CalCPA Institute offers various initiatives. One of its significant contributions is providing scholarships to students in California who are pursuing careers in the CPA field. These scholarships are funded through the contributions of the fourteen chapters and other sources. Beyond scholarships, the Institute also conducts numerous financial literacy workshops and events, which have been attended by over 1,500 Californians.
In addition to these direct initiatives, the members of the California Society of CPAs, through the Institute, extend their expertise to the public. They do this by collaborating with state legislators, participating in assistance programs, and engaging with television and radio news shows. This collaboration allows the Institute to share its knowledge widely, contributing to the financial education and literacy of the public.
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Impact
October, 2024
Calcpa Institute significantly enhances financial education and literacy across California. Through its scholarship program, the Institute has awarded educational assistance to over 220 college and university students pursuing CPA careers, ensuring that the next generation of financial professionals is well-supported. Additionally, the Institute actively promotes financial literacy by hosting workshops and events that have engaged more than 1,500 Californians, providing them with essential knowledge to manage their finances effectively.
Members of the California Society of CPAs contribute further to this mission by sharing their expertise with the public and collaborating with state legislators and media outlets. This multifaceted approach not only empowers individuals with financial knowledge but also strengthens the overall financial well-being of communities throughout the state. By advancing financial education, Calcpa Institute plays a crucial role in fostering informed and financially literate citizens.
This information is meant to be a general summary of Calcpa Institute. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $108,118
- Program Service Revenue: $7,626
- Gross Receipts: $4,309,195
Assets and Liabilities:
- Total Assets: $3,111,213
- Total Liabilities: $279,310
- Net Assets: $2,831,903
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Leadership Institute
Revenue
$4,731
Student Outreach/CPA Career
Revenue
$2,895
Organization Details
Founding Year
2004
Principal Officer
Natalie Quan
Website
www.calcpa.orgNTEE Category
Code: B60 - Education
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