According to the 2018 report from GuideStar, "The Financial Health of the United States Nonprofit Sector," 30% of not-for-profit organizations nationwide have lost money over the last three years.
PKF Texas’ experience with the not-for-profit sector includes providing audit, tax and consulting services for numerous not-for-profit entities, relating to tax issues, technical accounting issues, software setup, guidance on proper grant tracking and more. In performing these services we are able to see into the operations of many organizations and advise them on operational efficiencies and governance issues and share best practices.
We work with 501(c) (3), (4), (6) and (7) entities including public charities, private foundations, professional associations, social and recreation clubs and more.
With an understanding that not-for-profit entities have unique needs, we care about the heart and soul of your organization, which is why we are dedicated to co-creating an experience that allows you to focus on what matters most to you.
Publications
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Not-For-Profit Blogs
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The CARES Act - Five Ways Not-for-Profits Can Receive Cash Right Now
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2019 Accounting Updates and Changes for Not-for-Profits
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Making “Tax Smart” Donations During Disaster Events
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Benefit Your Employees and Your Not-for-Profit by Cross-Training
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Form 990 for Tax Exempt Organizations: Common Pitfalls
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How to determine if a nonprofit’s activity can be taxed under UBI rules
