Browsing by Author "Fox, K."
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Item Is it time to clean up US tax-exempt nonprofit reporting?(2022) Gamble, E.; Muñoz, Pablo; Fox, K.Purpose: US tax-exempt nonprofits are chronically underdeveloped when it comes to reporting, communicating, and comparing the value they create. This paper explores an approach to address these reporting and disclosure issues, for the purpose of sustainability and impact. Approach: First, we ask and then answer: is it time to clean up US tax-exempt nonprofit reporting? Second, we develop a theoretical argument, based on commensuration of impact, for a specific tax-exempt integrated report , to compare the value of tax-exempt nonprofits. Third, we offer an example of this tax-exempt in practice. Findings: First, we evidence the need for a drastic shift in the expectations and reporting practices of US tax-exempt nonprofits. Second, we offer a framework that responds to recent scholarly calls to address organizational accountability boundaries and impact assessment in the nonprofit sector. Third, we contribute to sustainability policy conversation by mapping out an approach that US tax-exempt nonprofits could deploy to speed up the implementation of sustainable solutions (SDG #17). Originality: Our paper responds to recent calls for more oversight and comparison disclosure mechanisms of US tax-exempt nonprofits, for the purpose of reducing social or environmental inequality. Our framework makes an important contribution to the field of sustainability accounting, in that it promotes a principle-based approach for measuring and regulating tax-exempt nonprofits, in a way that motivates oversight and comparison of sustainability-related practices.