Fraud can happen anywhere, and administrators in independent schools are often unaware that it is happening because they are not looking for it. Some common types of fraud committed in schools include, but are not limited to, conspiring with outside vendors to provide kickbacks, misuse of school-issued credit cards, and theft of equipment and other […]
Independent schools (K-12) face many of the same challenges as private colleges and universities in the U.S. including declining or flat enrollments, increasing tuition costs, and escalating operating costs. As a result, fundraising and endowment management are increasingly more important for independent schools to attract and retain students.
By AL MUELLER, CPA
On Thursday, October 24, 2019, Klatzkin Manager Michelle Martin, CPA, presented “Does Your Nonprofit Organization Have UBTI (Unrelated Business Taxable Income)?” at an in-house breakfast briefing to discuss the complex income rules.