Most people are familiar with the terms nonprofits, not-for-profits, and for-profits—but do you know how each type of organization operates? While their differences may seem straightforward, each ...

Many not-for-profit organizations dread the unrelated business income tax (UBIT) because it can be a challenge to sort out when a not-for-profit’s activities are subject to the tax and when they are ...

In almost every corner of the U.S., charter schools are non-profit. And yet, there are numerous ways to run a non-profit for profit. There are “sweeps” contracts, where a non-profit charter hires a ...

No one is more mission-driven than individuals who lead and manage not-for-profit organizations. But did you know not-for-profit accounting practices need to be equally mission-driven? Unlike ...

Does existing guidance on current expected credit loss (CECL) apply to not-for-profit organizations (NFPs)? The answer depends on the types of financial assets an NFP holds. FASB Accounting Standards ...