One of the core values Jonny Rosch learned from his family during his formative years revolves around service. Once he understood how a CPA can impact the community and serve the needs of businesses and not-for-profit organizations, he knew the accounting profession was the right fit for him. Throughout his career, he has experienced firsthand how CPAs can leverage their expertise to make a meaningful contribution to the success of a nonprofit organization and serving these organizations has become a significant focus of his practice.
Simply stated, Jonny loves working with not-for-profit organizations and helping them achieve their goals. This includes performing audit and assurance engagements and assisting them with complicated accounting and tax issues unique to the not-for-profit industry. His specific industry experience includes overseeing engagements for public charities, social welfare organizations, trade associations, business leagues, non-profit childcare centers, private schools, independent research organizations and 527 political action committees. Additionally, when his clients face challenges, he takes it upon himself to uncover solutions and enjoys learning something new that can help these organizations further their mission. His commitment to the not-for-profit community is further demonstrated through his achievement of the AICPA’s not-for-profit certification and his involvement with FAR, the nonprofit business leaders’ network.
Jonny’s commitment to the not-for-profit community extends beyond his professional responsibilities. In fact, his commitment to his local community of Warrenton, Virginia, was rewarded when, at 18-years-old, he was selected to participate as a torch bearer during the Olympic Torch Relay for the 2002 Winter Olympics. He currently serves as Board Treasurer for Pathway Homes, a leading provider of housing and support services for adults with mental illness and co-occurring disorders across northern Virginia. He previously served on the Board of Directors for Leadership Fauquier. In addition, the VSCPA named him a Top 5 Under 35 award recipient for his work with the VSCPA and his dedication to the not-for-profit community.
In his free time, Jonny enjoys volunteering, playing golf in Virginia State Golf Association (VSGA) sponsored events and having fun with his wife and three children.
PROFESSIONAL ASSOCIATIONS:
- American Institute of Certified Public Accountants (AICPA)
- Virginia Society of Certified Public Accountants (VSCPA), former member of the Young Professionals Advisory Council, and former chair of the awards committee
- VSCPA Battlefield Chapter
- Greater Washington Society of CPAs
- FAR, the nonprofit business leaders’ network
EDUCATION:
- Bachelor of Science in Business from Virginia Tech in Blacksburg, Virginia
ARTICLES:
UBIT Primer for Exempt Organizations
Exempt organizations may be subject to extra taxes on certain income-generating activities. Many don’t fully understand the rules on unrelated business income, and could be unknowingly putting their organization at risk with the IRS.
Ways to Give Back: Alternatives to Establishing a Nonprofit
Individuals considering starting their own nonprofit may be underestimating the cost and complexity to operate a sustainable organization. There are alternatives, like working with an existing nonprofit, creating a donor-advised fund, and other options.
Not-for-Profit Document Retention Policies and Guidelines
Document retention policies are a necessary part of nonprofit management, but not everyone knows how to go about file storage. Now that organizations are back in the office, it’s an excellent time to review their document management strategy.
New Inclusive Employment Practices in Virginia
Governor Youngkin’s announcement in May provides an alternative hiring process for individuals with disabilities, part of a larger discussion about inclusive hiring practices. Which state agencies are affected and how can they comply?
Not-for-Profit Investment Policy Statements: Little Changes, Big Impact
Sometimes, a not-for-profit’s investment performance isn’t what it should be. Looking at the Investment Policy Statement and identifying corrections can help to improve fund performance and help to ensure investment returns meet their objectives.
Virginia School Tax Credit Program Offers 65 Percent Tax Credit to Individual and Business Donors
Virginia’s tax credit education scholarship program saw its funding fully restored in the new state budget. The EISTC program allows eligible donors to claim a 65% tax credit against five state taxes.
Not-for-Profit Investment Policy Statements: Benchmarking Best Practices
Investment Policy Statements dictate how a nonprofit’s investment program operates. How is performance measured? Learning how to benchmark and measure success and organize the investment committee helps to ensure investment committee members satisfy their fiduciary duties.
Not-for-Profit Investment Policy Statements: Why They Need Review
Every not-for-profit manages funds, but not every organization has an established and well-documented Investment Policy Statement. Learn how the investment committee can review the IPS and safeguard against unnecessary investment risk.
COVID-19 Reopening Guidance for Virginia Nonprofit Organizations
Many not-for-profits have had an uphill battle since COVID-19 shut down offices and restricted travel.
Five Tips to Help You Get Ready for Your Year-end Audit
Is your organization ready for its year-end audit? Here are a few tips from an auditor than can help you prepare for a smooth and efficient audit.
Use the Updated Form 990 Schedule A to Your Advantage
Will the public change the way it makes donations as a result of the Job Cuts and Jobs Act? And will your non-profit be impacted by those behavioral changes? These questions are being asked by non-profit leaders across the country. There is a fear that a decrease in charitable giving will cause operating shortfalls and jeopardize your public charity status. One way to maximize your organization’s public support, no matter how charitable giving changes, is to make sure you are not in jeopardy of losing your charitable status
IT Risks and Cybersecurity for Not-for-Profits
Each year during tax season, there always seems to be a new data breach or phishing scheme that reminds us how important cybersecurity is to […]