I’ve been working since I was 15 years old. Working hard my whole life has helped shape my work ethic.

About Colette

As head of the Not-for-Profit niche, Colette Kamps works exclusively with the not-for-profit industry handling audits, reviews and compilations, consulting and tax returns. She serves many types of nonprofit organizations including health care, social services, arts and cultural, membership associations, schools, foundations and religious organizations, as well as organizations requiring Single Audits.

Colette loves working with the nonprofit industry because the people she gets to work with are so passionate about what they do.

Before joining Henry+Horne in 2003, Colette worked in private company accounting for six years at an investigative and litigation support company and a retail furniture business.

Outside of work, you can find Colette running or hanging out by the pool. She also loves to travel. Her favorite place she has visited is Bora Bora, so it’s no surprise that she and her husband hope to retire to a sunny beach location or sail on a catamaran.

Education

Arizona State University, Post Baccalaureate Certificate of Accountancy

St. Norbert College, Green Bay, Bachelor of Arts in Mathematics

Firm Roles

Audit + Accounting Committee

Affiliations

American Institute of Certified Public Accountants

Arizona Cactus-Pine Girl Scouts, Audit Committee

Arizona Society of Certified Public Accountants, Audit Committee Chair

Free Arts of Arizona, Finance Committee

STARS, Finance Committee

Did you know?

What’s something very few people know about you?
I used to play the violin and the piano.

What would be impossible for you to give up?
My dog Tiki.

If you were an ice cream flavor, what would you be?
Deep chocolate peanut butter.

Where did you grow up, and why aren’t you there now?
Beaver Dam, Wisconsin. I am not there now because it is WAY too cold. That is 100% the reason I moved to Arizona. It was cold and I wanted to be warm.

Blog Posts by Colette

Who Will the IRS Choose for Form 990 Audits?
Nonprofit GPS
September 2016
A Little-Known Element on the Form 990
Nonprofit GPS
October 2015
IRS Filing Calendar for Raffles
Nonprofit GPS
June 2015
How to Report a Name Change to the IRS
Nonprofit GPS
March 2015
Private Foundations Need IRS Approval for Grants
Nonprofit GPS
February 2015
Are you baffled by Schedule A?
Nonprofit GPS
November 2014
The Rules of Raffles
Nonprofit GPS
November 2014
Requirements for Communications to Attendees at Your Special Event
Nonprofit GPS
October 2014
What is the Difference Between Donor-Advised Funds and Restricted Donations?
Nonprofit GPS
June 2014
Self Dealing in Private Foundations
Nonprofit GPS
February 2014
Audit Guide for Nonprofit Organizations
Nonprofit GPS
January 2014
10 Things to Know When You Have a PAC (Political Organization)
Nonprofit GPS
November 2013
To Record or Not Record Donated Services
Nonprofit GPS
August 2013
IRS Announces Revisions to Tax Exempt Application Review Process
Nonprofit GPS
July 2013
Backlog of Tax Exempt Applications
Nonprofit GPS
July 2013
Arizona Gives Day
Nonprofit GPS
March 2013
Top 12 Points to Avoid Endowment Confusion
Nonprofit GPS
February 2013
How Can You Lose Tax Exempt Status? With EBT’s
Nonprofit GPS
January 2013
Board Governance = Tax Compliance?
Nonprofit GPS
July 2012
Fundraising Costs in Nonprofit Entities
Nonprofit GPS
June 2012
Social Welfare or Social Club?
Nonprofit GPS
June 2012
The Differences Between GAAP, Cash Basis, and Modified Cash Basis of Accounting
Government GPS
August 2011
Is Your Club or Association a Tax Exempt Entity? Part II
Nonprofit GPS
January 2011
Independent Contractors – Who Should Be Reported on Form 990?
Nonprofit GPS
December 2010
Violations of Loan Covenants – What Does this Mean for my Audit?
Nonprofit GPS
December 2010

Articles by Colette

Conditional vs unconditional: new accounting standard clarifies
Fall 2018
Entertainment and transportation fringe benefit expenses could be taxable to nonprofits
Summer 2018
Do you have to file for exemption for every affiliate?
Spring 2018
Fraud prevention checkup
Winter 2018
Rental income - UBTI or not?
Winter 2018
Is my grant a contribution or exchange transaction?
Fall 2017
Revenue recognition standard affect on nonprofits
Summer 2017
Special events: Difference between GAAP and Form 990
Spring 2017
Endowments: Be careful not to overspend
Winter 2017
How is your donation being spent? Five tips for checking charity finances
December 2016
Expense Allocations: Not as Easy as it Seems
Fall 2016
Some Simplifications for Nonprofits: Two New Accounting Changes
Summer 2016
Work Opportunity Tax Credit: Can Nonprofit Organizations Benefit?
Spring 2016
How Does Your Auditor Decide that You Have an Internal Control Deficiency?
Winter 2016
Recognizing the Contribution Portion of a Special Event Ticket
Fall 2015
Cash Flow Changes for Nonprofit Organizations
Summer 2015
The Glitches of Grants
Spring 2015
Proactive Policies for Large Gifts
November 2014
Executive Compensation: How a Nonprofit Can Protect Itself
Fall 2014
Changes on the Horizon for Nonprofit Financial Reporting
Summer 2014
Recording Donated Services: Ten Points You May Not Know
Spring 2014
Membership Fees - What Portion is the Contribution?
Fall 2013
What You May Not Know About Schedule A
Summer 2013
Special UBIT Issues With Rental Income
Spring 2013
Encounters with Endowments
Fall 2012
Social Enterprise in Nonprofits
Summer 2012
One Size Doesn't Fit All
Spring 2012
Is Your Nonprofit Involved in Foreign Activities?
November 2011
Merging Non-Profit Organizations
September 2009
Is Fraud Happening in Your Company?
August 2009
Exempt Organizations - The Annual Report From The IRS
April 2009