The Art and Agony of NICRA Negotiations: Practical Strategies for Indirect Cost Recovery
The Art and Agony of NICRA Negotiations: Practical Strategies for Indirect Cost Recovery
Presented by Your Part-Time Controller
Nonprofit indirect cost recovery is receiving increased attention, and NICRA negotiations can stall when documentation, cost allocation methodology, and internal expectations aren’t fully aligned. In this webinar, YPTC and Clark Nuber will bridge the gap between the complexity of the NICRA process and what nonprofits need to know, walking through how negotiations work, where they most often get stuck, and strategies to move them forward. We will connect cost allocation fundamentals to real-world decision points (including when the de minimis rate may — or may not — be the right answer) and highlight federal developments that may reshape expectations for indirect costs.
Note: Prior knowledge of cost allocation methodologies and NICRA fundamentals, such as completion of YPTC’s “Spring into Stability: Exploring Cost Allocations and a NICRA,” webinar or equivalent experience. Access “Spring into Stability” here.
Who Should Attend: This session is designed for nonprofit finance professionals responsible for tracking, reporting, and ensuring compliance with grant funding requirements.
Learning Objectives:
- Identify key steps in the NICRA negotiation process and recent federal developments impacting indirect cost recovery.
- Analyze common barriers in NICRA negotiations and how they impact rate outcomes.
- Apply practical strategies to improve the likelihood of successful indirect cost rate negotiations.
Participants will earn 1.0 CPE credit in Specialized Knowledge.
To receive credit, attendees must respond to three out of the four pop ups during the program. Once registered, you will automatically receive access to the webcast recording, slides, and, if you qualified for CPE, have the ability to download your certificate.
Additional Information
Prerequisites: Spring into Stability: Exploring Cost Allocations and a NICRA Amid Funding Uncertainty
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: Group Internet Based
Field of Study: Specialized Knowledge
Refunds and Cancellations: There is no fee to attend this program. In the rare event that YPTC needs to cancel the webinar due to circumstances beyond our control, all registrants will be notified via email and provided with alternative dates the program will be offered. For more information regarding refund, complaint, and program cancellation policies, please visit https://www.yptc.com/training-policies/
Your Part-Time Controller, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org
Speakers:
Harriet (Hatsy) S. Cutshall
Director, Your Part-Time Controller, LLC
Harriet (Hatsy) S. Cutshall, CPA, joined YPTC in 2011 and is the Director of the Government Awards Management Department. Prior to taking on that role, Hatsy served as the market leader for YPTC’s New England, Phoenix and Washington, D.C. markets. In addition to being a member of YPTC’s Federal Awards Management Group, she is a frequent trainer and presenter, most recently co-hosting YPTC’s webinar series on finding and managing federal awards. During the COVID epidemic she co-hosted several “Staying Afloat” webinars. She is a past presenter for the AICPA Not-for-Profit Industry Conference and the Massachusetts Nonprofit Network (MNN) Conference.
Deby MacLeod
Manager, Your Part-Time Controller, LLC
Deby MacLeod, CPA, is a Manager at Your Part Time Controller, LLC’s Raleigh-Durham office. Prior to joining YPTC in 2023, Deby worked with not-for-profits as a public accounting audit shareholder, finance committee member, controller, and staff accountant. She has served a wide variety of not-for-profit organizations across the sector, with a focus on foundations and grant making organizations. Deby is a member of YPTC’s Foundation Specialization group.
Jennifer N. Keller
Principal, Client Advisory Services
Jennifer N. Keller, CPA, is a Principal in the Client Advisory Services group. She has her M.A. in International Human Rights and has experience working with governmental entities and international and domestic not-for-profit organizations. She has over 15 years of experience working with public sector and not-for-profit clients providing grant management, indirect cost rate analysis and proposal development, program development, budget preparation, internal control assessments, policy and procedure development, and system integrations. Critical to Jen's successful engagements is the combination of both her experience and excellent project management skills.
Troy Rector
CGMA
Troy Rector, CPA, CGMA, is a shareholder in Clark Nuber’s Not-For Profit Services Group, where he has dedicated his career to serving tax exempt organizations. Troy works with governmental entities and not-for-profit organizations to understand their unique issues, enabling him to provide technical advice that is both specific to their organization and also clear and concise. He has spent his career providing both Single Audit and Federal grant advisory services to not-for profit organizations including those in the community based social service, health care and low income housing sectors. Troy regularly speaks on Single Audit and Federal grants management topics including the National Grant Management Association’s Annual Grants Conference, the AICPA National Governmental Not-For Profit Program and the AICPA National Not-For Profit Conference.
