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 ...

Many not-for-profit (NFP) organizations are founded with a specific desire to be separate and distinct from for-profit businesses. For many founders, the NFP’s mission matters more than the bottom ...

OpenAI, the company that develops ChatGPT, has decided to cancel its plans to transform the organization into a for-profit company. Instead, the non-profit organization that founded OpenAI will ...

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 ...

Not-for-profits have different missions and goals than for-profit enterprises do, but both must have the right management team and business practices in place to function and grow. “In a competitive ...