With the competition for donation dollars fierce right now, many not-for-profits are turning to influencers — from Hollywood celebrities to politicians to blog stars — to raise awareness of their organizations and causes.

girl holding her iPhone towards a painted pink notification icon with a heart and 1; image used for blog post about not-for-profits working with social media influencers

But before your not-for-profit solicits influencer support, there are a few things you should know.


Continue Reading Working with Social Media Influencers for Your NFP

Many organizations get stuck in procedural ruts because it’s easier in the short term to continue doing things the way they’ve always been done. But it generally pays to regularly review your not-for-profit’s accounting function for inefficiencies and oversight gaps.

a woman typing on a laptop with data and graphs on screen; image used for blog post about not-for-profits reviewing accounting function

You might plan to conduct a review once a year or perform an assessment whenever significant changes, such as staff turnover or the introduction of new software, warrants one.


Continue Reading Is it Time to Review Your Not-for-Profit’s Accounting?

Jen: This is the PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m here today with Emily Smikal, a Director in our tax department and one of the faces of the PKF Texas not-for-profit team.  Emily, welcome to the Playbook.

Emily: Thanks, Jen. Thanks for having me.

Jen: So, I’ve heard you talk before about this thing called “unrelated business income tax.” How does that impact not-for-profits, and what should they know?

Emily: First, let’s call it UBI just to keep it more simple. UBIT, unrelated business income tax, is an income tax imposed on certain not-for-profit organizations that conduct certain activity that is not related to their tax-exempt purpose.

Jen: So, what would qualify for that?


Continue Reading How Unrelated Business Income Tax Impacts Not-for-Profits

Jen: This is The PKF Texas – Entrepreneur’s Playbook®. I’m Jen Lemanski, and I’m back again with Nicole Riley, a Director on our audit team and one of the faces of PKF Texas’ not-for-profit team. Nicole, welcome back to The Playbook.

Nicole: Thanks. Glad to be here.

Jen: So, audits. You know, it’s the beginning of the year, people are starting to get things pulled together for their audit process. What could a not-for-profit organization do to make that process smoother when it comes time?


Continue Reading Three Tips for a Smooth Audit

If your not-for-profit has lost financial support during the pandemic, you may be looking for ways to raise new revenue. But if your proposed solution is a side business, be careful. Even when business ventures are related to a not-for-profit’s exempt purpose, they can run afoul of the commerciality doctrine — and jeopardize an organization’s tax status.

woman holding hundred dollar bills fanned out; image used for blog post about commerciality doctrine for not-for-profits


Continue Reading Not-for-Profits: Be Careful of the Commerciality Doctrine

It’s been almost a year since many not-for-profit organizations sent staffers home — to work-from-home mode. For many not-for-profits and employees, remote work has been a positive experience.

man in blue dress shirt and glasses using computer; image used for blog post about work-from-home not-for-profits

And as the pandemic fades, you’ll probably need to decide whether employees should remain where they are, return to the office or work a hybrid schedule.


Continue Reading Considering Permanent Work-From-Home for Your Not-for-Profit?

Data analytics can actually save not-for-profits time and effort, because it helps prevent bad decisions that must later be revisited and revised. Most not-for-profit organizations collect vast volumes of data, but according to a study conducted by EveryAction and Nonprofit Hub, only 40% of not-for-profits regularly use that data to drive decisions.

a person working on a laptop with data bar graphs and pie charts on screen; image used for blog post about data analytics helping not-for-profit decisions

The majority of organizations that don’t analyze and apply data say they lack the time or staff to dedicate to it.

Here’s how data analytics can help with decision making:


Continue Reading How Data Analytics Helps Decision Making

Your accounting and development departments are central to the continued financial health of your not-for-profit. So what happens when communication between these two functions break down? It could result in conflict between staffers, inaccurate financial statements and, in a worst-case scenario, the forfeiture of grant funds.

a mug and laptop with a video conference call sitting on a wooden table; image used for blog post about collaboration between development and accounting in a not-for-profit

Here’s how you can encourage collaboration.


Continue Reading Collaboration Between Development and Accounting