Social Enterprise Part 1: Understand UBIT
Alliance for Children and Families, June 15, 2012
Embarking on Social Enterprise:
Part One
Introductory guide for understanding unrelated business income tax
Given the current reality of dwindling government resources, many nonprofit organizations are exploring new revenue streams. Opportunities for generating earned income from social enterprises are as varied as nonprofits themselves.
Earned income can be derived from any activity that results in revenue generation; however, in the context of social enterprise, we’re talking about forprofit activities that may be significantly different from the day-to-day programs and services that define tax-exempt organizations like members of the Alliance for Children and Families. Continue reading “Social Enterprise Part 1: Understand UBIT”