Nonprofits "Insight Out" - Activities That May Jeopardize a NFP's Tax-Exempt Status Artwork

PKF O'Connor Davies Value Series

Insightful and informational, professional, conversational and client-centered are words to describe our podcasts. With our diverse client base, PKF O’Connor Davies’ podcasts give our professionals a venue to expand on trends and best practices for both specialized and general industry segments. They also allow us to bring in educational and industry specialists for added relevance. As accountants and auditors, we go behind and beyond the financial numbers and add channels of growth and guidance for your business through our podcasts.

All Episodes

PKF O'Connor Davies Value Series

Nonprofits "Insight Out" - Activities That May Jeopardize a NFP's Tax-Exempt Status

June 22, 2022 • AJ Montalto

0:00 | 15:52

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 more.

Listen to their answers carefully and beware of these risky activities. As the panel moderator says: tax-exempt status is a privilege, not a right. Ensure that it is protected and maintained.