All organizations face uncertainty and must manage risk daily. Risk management is of vital importance for not-for-profit entities (NFPs) due to their public interest obligations.
Learning Objectives
- Learning Outcomes
- Recall the criteria for tax-exempt status.
- Recognize the function of the public support test.
- Identify the IRS filing requirements for tax-exempt organizations.
- Recognize the basic compliance requirements of various types of tax-exempt organizations.
- Identify state and local tax compliance issues.
