...Robert Yetman ABSTRACT Nonprofit organizations are subject to an Unrelated Business Income Tax (UBIT) on activities unrelated to their tax exempt purpose. In 2007 nonprofits became the first U.S. federal taxpayers required to publicly disclose their income tax returns. Using this data I find...

...Nathan R. Berglund; Mikhail Sterin ABSTRACT This study examines the impact of auditor-reported internal control deficiencies (ICDs) on operational performance within nonprofit organizations. Contemporary studies in the for-profit environment document evidence that poor internal controls over...

... that nonprofit organizations have better internal controls (i.e., fewer instances of internal control deficiencies) related to both financial statement preparation and major program compliance. However, nonprofit organizations are associated with a greater likelihood of questioned costs associated with major...

...Thomas Z. Webb; Tammy R. Waymire ABSTRACT Despite the importance of audit and accounting services in nonprofit organizations, few studies have examined determinants of these monitoring costs in this setting. This study provides large sample evidence (n = 32,283 nonprofit entity-years...

... an alternative metric of not-for-profit performance—the provision of social insurance. Stronger governance measures are associated with intertemporal smoothing of resources in response to economic shocks. JEL Classifications: L30; G30; H40; K20. nonprofit organizations governance regulation...

...Qiu Chen ABSTRACT Donors to nonprofit organizations have gradually shifted from an evaluation process that focuses on financial metrics to a process that considers both financial and nonfinancial metrics. This paper examines whether the shift prompts fairness judgments of the board of directors...