Complex Manager Comp Scenarios: Core Form VII-A & Schedule J

Course Details


Monday, November 29, 2021

8:30am – 11:00am (Registration: 8:06pm)



Field of Study


CPE Credit

3 hours CPE credit

Level of Knowledge



CPA Crossings


Dual courses - EB9FD225 (Reporting Managers & Their Compensation: Form 990 Part VII-A) & EB9FDN12 (Finding & Reporting Filers' Related Orgs), similar CPE training, or experience with the relevant instructions and their application


This session comprises one of four Form 990 Master Classes available to those wanting intermediate-to-advanced training on the 990's most difficult arenas.

In reporting the filer's "Managers" by name and providing their compensation, identification of only some of those "Managers" - those with "current" status as Trustees-Directors and/or Officers - is likely to be relatively easy. Way more complexity comes to bear when ascertaining potential Key Employees and qualifying them for such status, and also in finding and proving a filer's "formers." Such tasks are typically formidable in the presence of RELATED ORGANIZATIONS and/or when THIRD PARTY PAYORS for such individuals' services are or have been involved. In those scenarios, accessing a managers' "reportable compensation" and "other compensation" may be difficult to obtain; and applying the three relevant exceptions to compensation disclosure can be torture.

If all of that seems exhausting, take heart! The author/presenter here shares her experience and practical tips via extensive materials and comprehensive explanation of ALL relevant definitions, exceptions, and reporting demands made via Part VII-A and Schedule J's Part II.

This event may be a rebroadcast of a live event and the instructor will be available to answer your questions during the event.


The major topics that will be covered in this class include:

  • Exploration of the challenges in determining a filer's: current Key Employees versus Officers; and those who need be disclosed as "formers" - individuals with "current" status in prior years but NOT in the current year, who then are to be tested for either "former" Officer/Key Employee/High 5 status or "former" Trustee/Director status
  • Why and how all of this matters (including the additional compensation detailing that is required on Schedule J's Part II when a manager's circumstances "trigger" that schedule's application)
  • Handling the recalcitrant Trustee-Director who claims limited involvement with the filer's governance and Officers and other managers who may refuse to return questionnaires
  • Further exploration of key compensation reporting challenges: (1) required "dial back" to the calendar year for organizations with a year other than 12/31; (2) 990-instructions-defined "deferred comp" overall and via examples; (3) compensation disclosures (and reporting exceptions) in BOTH cases of related organization's pay and when compensation is paid by an Unrelated organization to an individual who is serving the filer; and (4) comparison of 990 reporting of compensation with IRC section 4960's "remuneration"-based excise tax
  • Complex third-party payor reporting situations: procuring services of an individual from a management company or employee-leasing organization; common paymaster reporting scenarios; and when an individual's services to the filer are paid by an Unrelated organization


After attending this presentation you will be able to...

  • Understand the inquiries and reasonable efforts necessary to fully report compensation provided by the filer and all other relevant parties to current and former Trustees/Directors, Officer, Key Employees, and High 5's and note how same diverges from IRC section 4960
  • Know the basics of Part VII-A (and companion Sch J-II) compensation reporting when the filer is a common paymaster or its employees are paid by one
  • Be able to discern what compensation is required to reported as paid by the filer when an unrelated organization is paying some or all of the remuneration received by an individual for their service as the filer's Trustee-Director, Officer or employee

Designed For

Public accounting tax and audit staff, and nonprofit organization's Treasurers, CFOs and finance/compliance advisors

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