2024-04-02T19:55:39-05:00 2023-06-30 BDO USA 10200 Grand Central Ave Suite 320 Owings Mills MD 21117 990 2022-07-01 521787902 Maryland Association of Certified Public Accountants Educational Foundation Inc % LAURA SWANN MARY 4102966250 901 Dulaney Valley Road Suite 800 Towson MD 21204 Laura Swann CFO 4102966250 2024-02-19 true Laura Swann 999009999 Brian J Ray P01278507 4103633200 2024-02-19 2 2022 2023-04-26 12:10:37Z Laura Swann 901 Dulaney Valley Road800 Towson MD 21204 131269 false X macpa.org/foundation X 1992 MD The MACPA Educational Foundation's purpose is to encourage students to pursue careers as Certified Public Accountants and to carry on certain charitable and educational 12 11 0 11 0 84633 86145 0 0 62220 19363 40147 25761 187000 131269 9037 53565 0 0 0 0 0 0 0 50446 57100 59483 110665 127517 20604 630802 688305 4531 3549 626271 684756 X THE MACPA EDUCATIONAL FOUNDATION'S PURPOSE IS TO ENCOURAGE STUDENTS TO PURSUE CAREERS AS CERTIFIED PUBLIC ACCOUNTANTS AND TO CARRY ON CERTAIN CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS, INC (MACPA). THE FOUNDATION ALSO INCLUDES A CPA PIPELINE AND DIVERSITY AND INCLUSION INITIATIVES. true false 59962 53565 THE FOUNDATION PROVIDES SCHOLARSHIPS TO ACCOUNTING STUDENTS. 5 SCHOLARSHIPS WERE GIVEN BASED ON NEED, MERIT, AND THE DESIRE TO PURSUE A CAREER AS A CERTIFIED PUBLIC ACCOUNTANT AS WELL AS VARIOUS PIPELINE, DIVERSITY, AND INCLUSION INITIATIVES. 38604 THE FOUNDATION ENGAGED IN A SERIES OF NEW EDUCATIONAL EVENTS AND OUTREACH PROGRAMS DURING THE 2022 FISCAL YEAR END, INCLUDING RECOGNITION EVENTS OF NEW CPAS AS WELL AS CELEBRATING THE ACHIEVEMENTS OF CURRENT PROFESSIONALS. 98566 true true false false false false false false false true false false false false false true false true false false false false false false false false false false true true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false 12 11 false false false false false false false true true false false true false false false false false false MD X X LAURA SWANN 4436322325 901 DULANEY VALLEY ROAD SUITE 800 Towson MD 21204 Jacqueline Brown Former CEO 0.2 15.0 X 0 210734 19820 Rebekah Brown CHIEF Executive OFFICER 5.0 40.0 X X 0 155238 14619 Francis Falatko Former CFO (Thru Oct. 2022) 5.0 20.0 X 0 144229 11357 Laura Swann CFO 5.0 40.0 X 0 104991 9447 Kimberly N Ellison-Taylor Chair 0.2 0.0 X 0 0 0 Samantha Bowling Director 0.2 0.0 X 0 0 0 Avonette blanding Director 0.2 0.0 X 0 0 0 Patrick M Byer Sr Director 0.2 0.0 X 0 0 0 Susan Chutka Director 0.2 0.0 X 0 0 0 Herb Geary III Director 1.0 2.0 X 0 0 0 Jessica E McClain Director 0.2 0.0 X 0 0 0 Anoop N Mehta Director 0.2 0.0 X 0 0 0 Nicholas Tatum Director 0.2 0.0 X 0 0 0 Satina V Williams Director 0.2 0.0 X 0 0 0 George Willie Director 0.2 0.0 X 0 0 0 0 615192 55243 0 false true false 0 86145 86145 0 8130 8130 0 0 0 0 0 11233 11233 11233 11233 0 0 0 0 0 0 0 0 0 FURTHERING THE PROFESSION EVENTS 900099 25720 25720 OTHER INCOME 900099 41 41 25761 131269 25761 19363 3065 3065 50500 50500 0 0 0 0 0 0 0 0 0 0 3410 3410 0 0 7525 7525 0 0 0 0 0 0 0 0 63 63 0 0 0 0 EDUCATION EVENTS 38604 38604 0 CREDIT CARD FEES 1101 1101 DUES 1000 1000 BRANDED GIVEAWAY ITEMS 5397 5397 110665 98566 12099 0 114892 117334 49192 61031 0 0 13595 7936 0 0 0 0 0 0 0 0 0 11000 0 0 453123 491004 0 0 0 0 0 0 0 0 630802 688305 4531 3549 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4531 3549 X 587254 640451 39017 44305 626271 684756 630802 688305 20604 37881 X false true X false false X X 1 MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS 520702331 10 true 0 0 1 0 0 true false true false false false false false false false false false false false false false false false Part IV, Section C, Line 1: The Educational Foundation provides scholarships to accounting students who express a desire to become CPAs. There is a scholarship committee which reviews applications and determines the recipients. Scholarships are based on need, grades, and meeting the requirements for the application. The Educational Foundation also conducts various outreach and educational events regarding the role and importance of the CPA profession. The Organization's By-Laws provide that its Board of Directors must include two current members of the Supported Organization's Executive Committee and at least 2 members that are current or past Board Members of the Supported Organization's Board of Directors. In addition to the above requirement, the Secretary and Treasurer of the Supported Organization shall fill the officer positions of Secretary and Treasurer of the Organization. During the FYE 2023, the 12 Foundation Board Members included the Current and former CEOs of the Supported Organization and the current Board Chair and Executive Committee member of the Supported Organization. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39017 7288 2000 44305 48501 -8484 1000 39017 38542 9959 48501 40303 -761 1000 38542 38912 2391 1000 40303 1.00000 false false 0 0 Part V, Line 4: The Foundation's endowment consists of one named scholarship fund to provide scholarships for minority and/or women students. true Accounting scholarships 27 48500 Mehta Family Scholarship Award 1 2000 false false false false false false false false false Rebekah Brown CHIEF Executive OFFICER 150238 5000 7014 7605 169857 Francis Falatko Former CFO (Thru Oct. 2022) 139229 5000 10302 1055 155586 Jacqueline Brown Former CEO 210734 17636 2184 230554 Part I line 3 explanation Methods used by a related organization to establish compensation for the CEO/Executive Director: THE EXECUTIVE DIRECTOR HAS AN EMPLOYMENT CONTRACT THAT IS DEVELOPED BY A FOUR-PERSON COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS THE WORK OF THE EXECUTIVE DIRECTOR ANNUALLY, AND WHEN A NEW CONTRACT IS DEVELOPED, THE COMMITTEE USES SIMILAR ENTITIES' FORM 990S AND ASAE'S COMPENSATION STUDY TO DEVELOP THE PROPER CONTRACT AND COMPENSATION. THE EXECUTIVE DIRECTOR, ALONG WITH THE COMPENSATION COMMITTEE DETERMINE THE SALARY OF THE CHIEF FINANCIAL OFFICER AND THE CHIEF OPERATING OFFICER. SIMILAR ENTITIES' COMPENSATION AND ASAE'S STUDIES ARE ALSO USED IN THE DETERMINATION OF THEIR SALARIES. Form 990, Part VI, Section B, Line 11B: A copy of the final draft is provided to the Board of Directors for review prior to filing. Form 990, Part VI, Section C, Line 19: The Organization makes its governing documents available upon request and is included in consolidated financial statements made available on the MACPA website. Maryland Association of Certified Public 901 Dulaney Valley Road Suite 800 towson MD 21204 520702331 To provide ed MD 501(C)(6) false false false false false false false false false false false false false true true true false false Part II Line 1 Column b To provide education and information to its members