Description: The ACR-ARP-Rheumatology Research Foundation Leadership Development Academy is pleased to present, ACR Not-for-Profit Financials 101 for Leadership. This webinar is the first in a two-part series and addressed the following topics: 

• The basics of financial governance, roles and responsibilities of leadership 
• What is a 990 and why is it important to not-for-profit leadership? 
• The ACR-Rheumatology Research Foundation Relationship

Faculty: 

Jan K. Richardson, PT, PhD, OCS , FAPTA, Chief Medical Officer, Medical Outcome Indicators LLC, Prof Emeritus, School of Medicine, Duke University Medical Center

Jeremy Naess, Sr Manager, Tax, Forvis

Rachel Myslinski, MBA, Executive Director, Rheumatology Research Foundation

The second webinar in this series is to be hosted Wednesday, October 4, 2023 and will cover the following topics: 

• Not-for-profit investing
• Spending and operating reserve policies of the ACR and Rheumatology Research Foundation 
• Understanding not-for-profit financial statements (balance sheets, income statements, assets vs net assets, revenue and expenses, cash balance, direct vs. allocated expenses)