We’re rewarding the question askers & reputations are being recalculated! Read more.

Questions tagged [non-profit]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
0
votes
0answers
31 views

What countries cannot pay a USA not-for-profit account with PayPal?

On a US not-for-profit (NFP), I'm using PayPal as only payment method (which accepts both PayPal and card payments). I just had a user from Singapore who reports they can't pay --- this seems since ...
2
votes
0answers
75 views

Can a business be non-revenue and non-profit?

I just want to start a business to qualify for a software license that requires a business entity. My purpose is only for Education, Research, and Development for a POSSIBLE business venture. ...
3
votes
1answer
103 views

Bank account for clubs and/or community groups?

I run a community group which has an yearly fee to participate in. The funds are used to cover its own operating costs... no payments are made to anyone as it's all volunteered based. Currently the ...
-2
votes
1answer
90 views

Is it worth to advertise a fundraiser? [closed]

I have several crowdfunding fundraisers, mainly nonprofit projects (however personal, without official NGO registration). Is it expected to be worth to buy PPC Internet ads to advertise one of my ...
1
vote
1answer
166 views

Can a utility company add a donation to a non-profit to your bill [closed]

Can a utility company add a donation to a non-profit to your utility bill without your permission.
0
votes
1answer
82 views

USA - Can I write off time spent using this metric [duplicate]

Situation Let's say my organization does pro bono work for company X - a non profit I pay 3 employees Y amount and can write that off to the Federal Government Question I'm in a pass-through LLC, ...
6
votes
2answers
246 views

How can I reasonably estimate what percentage of my income should be saved for taxes during my first year of work

I am a minor in Michigan, and I'm currently in my first financial year. I work for a nonprofit, which doesn't take any money out of my pay. The per-hour salary that I say I make is how much I actually ...
1
vote
3answers
307 views

Can a non-profit company make profit? [closed]

My cousin suggested a startup idea to me, I suggested that he could make it a non-profit since it fits all the requirements of an non-profit company and it would be much easier for him to get ...
1
vote
1answer
202 views

Non-Profit Accounting Boy Scouts won't fully disclose event budget [closed]

I'm extremely puzzled why the local Boy Scout council won't / can't disclose the budget of a recent 4 day day camp for cub scouts. Several parents have asked how our $100 / scout camp fee was spent. ...
0
votes
2answers
124 views

Can non-profits purchase intellectual property from a single person?

Let's say that I as a single individual invent something. Can I sell this invention to a non-profit company, (as in the rights, patents, and/or other protections)? If I can sell it, is there a limit ...
3
votes
2answers
500 views

Can non-profit give a gift card to a store to someone in need?

Is there any law that would block a non-profit from giving a gift card to someone in need, say, a $100 food store gift card? If a non-profit is allowed to give the gift card to someone in need, is ...
1
vote
2answers
267 views

Is it possible to run a non-profit organization that performs typically for-profit work?

I am based in the US, and I really like the idea of starting a non-profit organization that I can use to do good in charitable areas that I would like to contribute to. Unfortunately, one of my only ...
1
vote
0answers
34 views

Manage Club Finances Digitally

I am an officer of an unofficial club made up of (mostly) college students. Currently we keep all of our money in cash and manage dues face-to-face and payments (for trips, etc.) on a case-by-case ...
2
votes
3answers
86 views

Donation for nonprofit 501(c)(3) organization, if I also work for them: Tax-deductible?

I work for nonprofit 501(c)(3) organization and I plan to donate a few items for this organization. Can I make this donation tax-deductible? Is it a problem that I work for them (and I will have their ...
0
votes
0answers
26 views

What are considerations for an IRC §501(c)(3) donating to an IRC §501(c)(7) Social Club?

What fiscal considerations may there be for a §501(c)(3) that, consistent with promotion of it's mission, wishes to make a donation to a for-profit corporation or a §501(c)(7) social club? Clearly ...
6
votes
1answer
365 views

Is there a way to see a particular organization's 501(c)(3) application?

For example let's say I wanted to see how the Free Software Foundation or the GNOME Foundation applied. Are those records accessible by the public?
10
votes
2answers
406 views

Taxes due for hobbyist Group Buy

I am part of a hobby forum and I am running a non-profit group buy. I'm a little worried how that will influence my taxes. The group buy works as such: One member wants something expensive, so he ...
3
votes
2answers
887 views

Can my HOA get its own credit card (or something equivalent)?

I'm a volunteer member of my condominium's HOA board. As part of my volunteering, I helped the HOA set up a DSL account that is used to remotely monitor the building's solar panel array. This is all ...
9
votes
2answers
1k views

How can a school club collect money using credit cards?

tl;dr- How can we legally accept credit cards (to our club bank account) without being able to become a legal entity? I'm an officer an officially-recognized student-run club at my university. I'd ...
1
vote
1answer
86 views

501(3)(c) to donators for trophy party

Manager on a little league team asks for donations from businesses to raise money for trophy party. We sell tickets for drawing and give away all donated prizes. Donations are products from the from ...
6
votes
1answer
2k views

How to determine fair market value for a home donated to a fire department for training exercises?

In "Scharf v. Commissioner", the US Tax Court established that donating property for use in firefighting training exercises provides a valuable service to the community. If the receiving fire ...
4
votes
2answers
2k views

Are in-kind donations from my S-Corp tax-deductible in any way?

I have an S Corp that each year, sponsors a film festival by creating their website for free. In return, they print our logo in their program guide. Last year, I gave them 80 hours of work building ...
9
votes
1answer
184 views

What types of nonprofit entities can be formed to raise money for someone's benefit?

Our family, along with some friends, have become acquainted with a family in our neighborhood whose young girl has a life-threatening illness. The required treatment is lengthy and expensive, so we ...
14
votes
6answers
5k views

How can I help others plan their finances, without being a “conventional” financial planner?

I've helped a few people in my family get their finances in order, just with very basic tips and with money-saving tips I've gleaned from personal experience. I think I've made a significant ...