PKF O'Connor Davies Value Series

State charitable registration and periodic filings enhance fiscal transparency. They provide useful information to the public, funders, the State Attorney General to assist with regulatory and law enforcement efforts, and to other interested persons. Currently, over 40 states require nonprofit organizations to register prior to fundraising. Fundraising regulations are complex and vary from state to state. In this podcast, the speakers will address why fundraising regulations are in plac...

The Employee Retention Credit (ERC) is a potentially lucrative federal government tax credit for non-profit organizations. However, there are many misconceptions surrounding the ERC:Who qualifies? How to determine the credit.How it interacts with other government funding. This podcast helps set the record straight, with valuable information provided by Chris Migliaccio, Partner and the Firm's Employee Retention Credit Leader and Kristin Anderson, Senior Manager, as they discuss with...

Nonprofit organizations that develop and execute Diversity, Equity and Inclusion (DEI) policies can strengthen their internal operations and culture along with the quality of life in the communities they serve. Even if your organization already has an official DEI policy, you’ll benefit from this opportunity to discover the valuable information provided by Truphena Martin, our Diversity, Equity and Inclusion Manager, as she discusses with Senior Manager Lenore Sanchez the steps involved in fo...

A Board’s review of IRS Form 990 is a best practice to help ensure fulfillment of the Board’s fiduciary responsibilities. Studies show that tax-exempt organizations that have an established Board review process are more likely to be in compliance with tax laws and regulations. What’s more, Board and management involvement traditionally results in greater transparency, accountability and promotes the proper stewardship of resources. With Form 990 available to the general public, it is im...

We invite you to listen and learn about organizational Environmental, Social and Governance (ESG) policy and why it is important to your nonprofit. Not-for-profit organizations are facing a growing demand from their stakeholders to disclose their ESG initiatives and performance and on reporting them quickly and accurately. The pressures are coming from donors, employees and the Board of Directors. ESG reporting demonstrates how an organization portrays their ESG goals, metrics and...

We invite you to listen and learn about fiscal sponsorship arrangements and the options available sponsoring Internal Revenue Code section 501(c)(3) organizations as well as to sponsored projects and sponsee organizations. In a fiscal sponsorship arrangement, a not-for-profit exempt organization supports and protects another group, the sponsored partner, and shares its mission to raise funds and awareness in a charitable cause. Fiscal sponsorship continues to become a more widely ...

Understanding the activities that may put a charitable organization at risk is paramount to protecting and maintaining tax-exempt status under Internal Revenue Code 501(c)(3). In this podcast, the second of the series, Garrett Higgins and Eva Mruk answer Lenore Sanchez’s specific questions regarding: private inurement and private benefit, lobbying and political campaign activities, commercialization of activities (UBI), compliance with annual tax filings, practices to avoid revocation, and mo...

This inaugural podcast covers the topic of “International Activities” conducted by nonprofits and their global outreach through programs, grant-making, and investing. Lenore C. Sanchez, Manager, Not-for-Profits hosts the podcast with Garrett Higgins, Partner-in-Charge and Eva Mruk, Partner of Exempt Organizations Tax and Advisory Services providing valuable insight. The presenters provide practical guidance on the complex rules and discuss a number of tax considerations when...

Recognizing how critical cybersecurity is to our clients, this podcast features an informative discussion on some complex digital issues. Given the important responsibilities of the board members we serve, this topic is of particular importance. This 15-minute podcast covers a range of subjects, including in-house vs. outsourced CISO (Chief Information Security Officer), funding, privacy laws, the need to develop a privacy policy, understanding and managing related risks knowing that oversigh...

Is your board controlling risk? Does your organization need a pulse check? Board members and management of not-for-profits are invited to listen to the new podcast hosted by Mark Bednarz and Larry Baye of PKF O’Connor Davies. It just might help your NFP – through your specific actions – mitigate risk concerns and ensure organizational sustainability. Among other helpful advice, Larry lets you know about evaluating your “bench strength” and Mark offers practical ways to realize your...