3 Steps To Setting Up a Nonprofit Organization (Starting and Running Nonprofit)

Тәжірибелік нұсқаулар және стиль

Here are 3 easy steps to setting up a Nonprofit Organization, also known as charitable organizations, and some ideas on the tax benefits of starting and running your own nonprofit.
Connect With Our Team To Get Your Nonprofit Started 👇
Email: nonprofits@andersonadvisors.com
Specifically, you'll discover how to take your own 501c3 and set it up for charitable, religious, or educational purposes.
There are a few other things like amateur sports and things like that, but the big ones are charitable, educational, and religious. If you're doing something that's benefiting society, chances are, it's going to fit underneath a 501c3 nonprofit charity or charitable organization.
This is probably one of the most underutilized entities that exist that can have a positive impact on society as well as HUGE FINANCIAL and tax benefits to you, or the person, operating the non-profit.
The three steps that you must take are broken down in easy to follow and understand language.
You absolutely can do amazingly great things if you start and run your own nonprofit organization or charity possibly even create a legacy for you and your family.
LEARN MORE about the steps to starting a nonprofit business or organization in this short video. I guarantee it's an eye-opener and quick learn!
*~ Claim Your FREE 45 min Strategy Session NOW! 👉 aba.link/d27ee4
---------------------------------------------------------------------------------------------------------
SUBSCRIBE
aba.link/subscribe
~~~~
FREE TAX & ASSET PROTECTION WORKSHOP
Learn about Real Estate & Asset Protection from Clint Coons, Esq, and Toby Mathis, Esq. at our next all-day free Livestream from 9 am to 4 pm PT. on Saturdays. Our attorneys and specialists will answer ALL questions: Save Your Seat: aba.link/41f9ea
TAX TUESDAY LIVE
Toby Mathis, Esq. and Jeff Webb, CPA will answer ALL your questions LIVE on Tax Tuesdays every other Tues 👉 aba.link/e6cd24
OTHER ANDERSON ADVISOR EVENTS
Learn a rich selection of subjects like tax and asset protection, business, investing, and much more. Our partners, attorneys, and other skilled experts will help you learn what you need to know in order to better your chances of success in your professional life.
aba.link/tobyevents
~~~~
FINANCIAL PLANNING & TAX RESOURCES
📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 aba.link/IIWbook
Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 aba.link/tobyshop
Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 aba.link/tobyaba
~~~~
FOLLOW US:
Instagram: aba.link/instagram
Facebook: aba.link/facebook
Twitter: aba.link/twitter
LinkedIn: aba.link/linkedin
TikTok: / tobymathisesq
~~~~
CONTACT US
Phone: 800.706.4741
Email: info@andersonadvisors.com
Fax: 702.664.0545
ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
---------------------------------------------------------------------------------------------------------
The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. of the information contained herein without seeking professional legal advice.

Пікірлер: 267

  • @TobyMathis
    @TobyMathisАй бұрын

    Have questions about this video? Sign up for a free consultation to get your questions answered by professionals. aba.link/d27ee4

  • @ondreahall1536
    @ondreahall15363 жыл бұрын

    You're the only one who didn't start out taking about the difficulty of this process! Thank you! Great information.

  • @person81045
    @person810455 жыл бұрын

    This was the best explanation for NP. Thank you.

  • @cmos2010
    @cmos20104 жыл бұрын

    Freaking awesome information! Holy moly! 👍🏾👍🏾👍🏾👍🏾

  • @jasonelo4567
    @jasonelo45673 жыл бұрын

    Thank you sir. I really appreciate your videos. You are very smart and straight forward in your approach and delivery. You are a natural teacher in my opinion

  • @bibikarim1506
    @bibikarim15062 жыл бұрын

    Mr. Mathis, this was very good information. I have been for for my years as a volunteer , finally opened my NON profit, then COVID came . I appreciate your scope of knowledge and experience. EXCELLENT VIDEO, KEEP UP THE GOOD WORK .

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    Congratulations on opening your nonprofit! We are glad you found the video helpful!

  • @robsantaanaca6290
    @robsantaanaca62904 жыл бұрын

    Wow I think my ideas, experience, goals, beliefs and skill set have a route to pursue. Thanks

  • @juliehenderson1672
    @juliehenderson1672 Жыл бұрын

    Thank you! Love your series...

  • @Pynkaboutit
    @Pynkaboutit2 жыл бұрын

    wow, thank you, this was so helpful. I started the process but ran into a stop. With your given information it has helped so much Thank you.

  • @ernestrosenbergrosenberg6153
    @ernestrosenbergrosenberg61533 жыл бұрын

    I LOVE THE WAY JE TEACHES, TO THE POINT. I SUBSCRIBED.

  • @senseikee1462
    @senseikee1462 Жыл бұрын

    so clear and concise , THANK YOU 👍🏿

  • @timhousman
    @timhousman4 жыл бұрын

    What a wonderful video, thank you for making it so simple. Maybe needing your help down the road. Looking forward to working with you.

  • @DRKSPAD3
    @DRKSPAD33 жыл бұрын

    This was really good. Thanks for the info

  • @tribelfamilytv1374
    @tribelfamilytv13742 жыл бұрын

    So refreshing... Thank you.

  • @amessenger3208
    @amessenger32084 жыл бұрын

    Thanks and God bless for this useful information.

  • @dheerhold
    @dheerhold3 жыл бұрын

    Great video - Right to the point and informative

  • @aroo4177
    @aroo41774 жыл бұрын

    Thank you for this informative video.

  • @jeffalexander6569
    @jeffalexander65693 жыл бұрын

    ALL MY QUESTIONS ANSWERED SO EASY. KEEP FOCUSED

  • @John-zh6ld
    @John-zh6ld4 жыл бұрын

    Outstanding job!

  • @deboking9
    @deboking92 жыл бұрын

    Very well spoken and educational

  • @cyndibarnett9164
    @cyndibarnett91642 жыл бұрын

    Wow! Thanks for keeping it so simple!!

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    Any time! Thank you for watching the video!

  • @ZZZELCH
    @ZZZELCH Жыл бұрын

    Excellent video. Thank you.

  • @TobyMathis

    @TobyMathis

    Жыл бұрын

    Thank you for watching!

  • @arunasharma9432
    @arunasharma9432 Жыл бұрын

    This is amazing. Thank you so much. I wish I can get your guidance for my non profit work.

  • @andreacarter2108
    @andreacarter21082 жыл бұрын

    Thank you Toby!

  • @EmilAliev7
    @EmilAliev73 жыл бұрын

    How do you set up the board of directos? Can you do a video on this please? This is GREAT and thank you very much for doing this!

  • @TheodisFort
    @TheodisFort3 жыл бұрын

    Great video very helpful!

  • @bonganesithole1976
    @bonganesithole19763 жыл бұрын

    Thank you for this

  • @karriebutler1097
    @karriebutler10972 жыл бұрын

    Love this information.

  • @tamarathompson7983
    @tamarathompson79834 жыл бұрын

    Thank YOU!

  • @doriginall3285
    @doriginall32853 жыл бұрын

    I decided that I will buy a house and start a vegetarian independent and assisted living home. I'm also interested in doing it as a nonprofit. Thank you for sharing this information. 🙏🙏

  • @letstalksuccess580
    @letstalksuccess5802 жыл бұрын

    thank you sooo much .

  • @Byrd_Gaming
    @Byrd_Gaming4 жыл бұрын

    im looking into this. I recently did a fundraiser and a charity stream to raise money to send soldiers deployed carepackges. I shattered the goals i set for 2 weeks in 1 day. I am a combat veteran myself. really interesting

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Thank you for your service!

  • @bustinbinden

    @bustinbinden

    4 жыл бұрын

    awesome work brother!

  • @chainsawmack

    @chainsawmack

    4 жыл бұрын

    Thank you for what you do for us deployed right now! How is your nonprofit business doing?

  • @Byrd_Gaming

    @Byrd_Gaming

    4 жыл бұрын

    @@chainsawmack thanks for the reply, and thanks for the kind words. I actually havent started preforming the proper paper work yet alot of moving parts in my life right now. Crawl, Walk, Run, it will happen just no rush. Thanks again for touching base.

  • @shaunjohn6845

    @shaunjohn6845

    2 жыл бұрын

    Hey man, fellow combat veteran here.A-ATW! I just read your comment and I'm interested in where you are today sir? Hope all is well!

  • @gloriaxie70
    @gloriaxie704 жыл бұрын

    This was very helpful, thank you so much for making this video! I just have a quick question, normally how long does it take for a nonprofit to be formed and running?

  • @irfangill3189
    @irfangill31894 ай бұрын

    Great information sir. God bless you more.

  • @TobyMathis

    @TobyMathis

    4 ай бұрын

    I'm glad you found the information helpful.

  • @buburodriguez3867
    @buburodriguez38674 жыл бұрын

    TM!!!! Thank you for sharing this great information! You will be hearing from me within the month. NP with a veteran owner for a charitable donation business and a church. Bubu Rodriguez

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Thank you! We look forward to hearing from you.

  • @flemingt77
    @flemingt772 жыл бұрын

    Greattt Information!!!

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    Glad you think so!

  • @peacelove983
    @peacelove9833 жыл бұрын

    Awesome explanation 👍

  • @victoriapapesh6892
    @victoriapapesh68924 жыл бұрын

    Thank YOU

  • @crisriddle
    @crisriddle3 жыл бұрын

    thank you!

  • @tyjameson7404
    @tyjameson74043 жыл бұрын

    Great video ❤️👍🏼👏

  • @radiantmiller5682
    @radiantmiller56823 жыл бұрын

    Thank you so very much. I have my business formation done for Radiant's reason, inc. and a couple of other things completed. After this video I should be finished by morning after receiving your info😂 . Thank you

  • @shaebuttababy8511
    @shaebuttababy85115 жыл бұрын

    Very informational! Thank you so much ❤️ I will definitely be contacting you

  • @TobyMathis

    @TobyMathis

    5 жыл бұрын

    Thank you Andrea for your comment and for taking time. Feel free to contact us we’d be happy to set up a 30 min one-on-one consultation. aba.link/FREE30MIN

  • @tonyblair4011

    @tonyblair4011

    4 жыл бұрын

    @@TobyMathis i am impressed too....wish to contact you too if you do not mind.

  • @ao5624

    @ao5624

    4 жыл бұрын

    How much do you charge for the consultation?

  • @rakhshandawelfarefoundatio293

    @rakhshandawelfarefoundatio293

    4 жыл бұрын

    Plz how we develop our foundation

  • @eloaguaorg1648
    @eloaguaorg16483 жыл бұрын

    Many thanks

  • @chainsawmack
    @chainsawmack4 жыл бұрын

    Thank you for your time into putting out this video! What do you think about the timing of starting a nonprofit, here in June 2020 before a possible economic crash?

  • @aniyahdilovelilioness747
    @aniyahdilovelilioness7473 жыл бұрын

    Thank you so much 😍

  • @JonesZen4WholeSumLiving2
    @JonesZen4WholeSumLiving22 жыл бұрын

    Thank you 😊😘

  • @Miahealdd
    @Miahealdd4 жыл бұрын

    Great information

  • @dldfarm
    @dldfarm4 жыл бұрын

    Thanks! Appreciated !! 501c3

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    You are welcome. Don't forget to subscribe to our KZread channel.

  • @improvetheworldnow
    @improvetheworldnow3 жыл бұрын

    I have been looking into nonprofits on and off for a while and I think it is an appropriate way to structure the type of work I am interested in doing, but the hardest part seems to me to be... finding the right people to work with from the beginning. I know the work itself is very important and needed (converting vacant and degraded spaces to publicly exemplify human design that is beneficial to the water cycle and ecosystems, produce diverse high quality food locally for communities, and create free learning opportunities related to this) but it is surprisingly difficult to find people who are passionate about this who would be appropriate to create a nonprofit with, and a lot of the work to restore and improve lands without trying to become owner of them seems like it requires having that legal recognition as a charitable organization to even be taken seriously in the first place..

  • @fredap22

    @fredap22

    2 жыл бұрын

    Alex, am ready to support or partner

  • @BoomlandJenkins
    @BoomlandJenkins Жыл бұрын

    Thanks for the great, "no BS" video!

  • @BlissBlissBliss720
    @BlissBlissBliss7204 жыл бұрын

    Thank you.

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    You are welcome. Don't forget to subscribe to our KZread channel.

  • @thebengalauto
    @thebengalauto4 жыл бұрын

    Great guy

  • @shawngormley
    @shawngormley5 жыл бұрын

    Thanks for the info. How are people getting their 3 people for the Board of Directors? Who are they using and titles?

  • @aphelion7427
    @aphelion74274 жыл бұрын

    Nice video 😀

  • @Reemel86
    @Reemel863 жыл бұрын

    Hi i watch ur video best one I watch so far..good information..do u have one about articles of incorporation..

  • @angelazent1083
    @angelazent10834 ай бұрын

    When I did our 501c3 in Indiana, we needed Bylaws and Articles Incorporation in order to file for the 501c3.

  • @mansoob
    @mansoob22 күн бұрын

    Wonderful, you simplified the explanation of the processes. What is the estimated cost of forming a not for profit corporation till the opening of a bank account. And what is the estimated annual cost including renewals and filing of income tax return?

  • @leonardtribler932
    @leonardtribler9323 жыл бұрын

    I need help setting up mine!

  • @GTTubeMonkey
    @GTTubeMonkey4 жыл бұрын

    Is there a way to do it by starting with one person or do need a team of people?

  • @EngineerDJ_Julius
    @EngineerDJ_JuliusАй бұрын

    great video

  • @TobyMathis

    @TobyMathis

    Ай бұрын

    Thanks!

  • @TobyMathis
    @TobyMathis2 жыл бұрын

    Learn about Real Estate & Asset Protection at our next ALL DAY FREE LIVESTREAM 9 AM to 4 PM PT. Our attorneys and specialists answer ALL questions you bring to us at this event we have two times a month. Save Your Seat: aba.link/41f9ea

  • @Lilspiccey1

    @Lilspiccey1

    Жыл бұрын

    Will you have replay for this

  • @alanajenelle2214

    @alanajenelle2214

    Жыл бұрын

    So how do we reach you to get started

  • @SpringHWhipple
    @SpringHWhipple3 жыл бұрын

    Thank you for this. We started a non profit that went national (Costumers With A Cause) and I'm looking to start a 2nd one that benefits another group of individuals. Can a single person be on the BOD for two non profits?

  • @annacompan7219
    @annacompan72194 жыл бұрын

    Thank you very much. I reside in Australia I've working on my charity that I want to establish in Africa to help vulnerable people while studying social work. I need mentorship. Many thanks

  • @yamad102

    @yamad102

    4 жыл бұрын

    Hi I'm in the U.S., full time student and I'm from Africa. I just help orphan, I am interested working with you. I'm a young female trying to help the poor because I was once like them

  • @walulustanley

    @walulustanley

    4 жыл бұрын

    Which place/country in Africa?

  • @unfilteredalways

    @unfilteredalways

    4 жыл бұрын

    Hello Anna, be very careful. There are alot of fraudster in the name of NGO. They collect money and never implement any project or the funds never get to the beneficiaries. I have been in the NGO industry for 10years so I know what I am saying. You can inbox me if you need help. Thank you for wanting to help Africa. We really need it especially women and children.

  • @deboking9
    @deboking92 жыл бұрын

    You earned yourself a subscriber

  • @TobyMathis

    @TobyMathis

    2 жыл бұрын

    Thank you! We hope that you find the channel informative and helpful!

  • @deboking9

    @deboking9

    2 жыл бұрын

    @@TobyMathis brother, I hope you recognize my organization when it grows. I’m always humble to those who helped me along the way. I promise. THANK YOU SO MUCH.

  • @lovem9234
    @lovem92345 жыл бұрын

    Thanks for the information. I want to start one in TX but it's only me and my spouse. Any advice you have would be appreciated. Youth program...

  • @waynecmontgomery

    @waynecmontgomery

    4 жыл бұрын

    Texas requires 3 directors to form a company even a nonprofit

  • @djm2985
    @djm29853 жыл бұрын

    Thank you very much. What if you do not have members but still want to do charitable non-profit? What do I file under then?

  • @victoriazhang2045
    @victoriazhang20454 жыл бұрын

    Do you need to finish all the registration before you begin to recruit committee members and start fundraising?

  • @kdw8336
    @kdw83363 жыл бұрын

    Hello Toby how do l go about picking board members?

  • @GloomyHouse
    @GloomyHouse4 жыл бұрын

    Hello there. I am a burn survivor who wants to help raise money through fundraisers in several KZread channels. My goals is to help out burn victims meet their financial (medical and educational) goals. Is this the same process I can use to create my own non profit? What are some of the costs associated with this? Thank you so much for the information!

  • @JasmineMershon
    @JasmineMershon4 жыл бұрын

    Thanks! I'm doing it for the homeless!

  • @karaborampheri4256

    @karaborampheri4256

    4 жыл бұрын

    Hey where you live we could help each other i also want to do for the homeless

  • @karaborampheri4256

    @karaborampheri4256

    4 жыл бұрын

    Where you stay? also wanna do the same

  • @patrickbruce2974
    @patrickbruce29744 жыл бұрын

    this was super informative is just what I was looking for in a video it help me understand how to set this thing up but I do believe I do need your help and like you said at the end of the video just get in contact with you I will be in contact with you soon I have a super idea

  • @riverflowwtruckingtv
    @riverflowwtruckingtv3 жыл бұрын

    I'm interested ✅

  • @endtimesnowwithjohnnybargo3028
    @endtimesnowwithjohnnybargo30282 жыл бұрын

    Do you have info on 508c1a?

  • @raedeneackers9276
    @raedeneackers92762 жыл бұрын

    Aloha, im currently going through the process in setting up my non profit. you have been inspirational have zero dollars need to fundraise or something to support my non profit. We are a feeding ministry and want to provide temporary housing in our area. Also took guardianship over children we use to foster and trying to find a way to create a non profit for a boarding home for foster children being that their is a big need for children without parents

  • @aurorahorn1210
    @aurorahorn12103 жыл бұрын

    I'm trying to get a non profit photography business . In which kids who where abused get to direct their own photo shoot to help them feel empowered and in control on the road to recovery.the goal is to make it so they do not have to pay a dime

  • @kendrussperry8827

    @kendrussperry8827

    3 жыл бұрын

    Hello someone reach back out to you. Your idea is great.

  • @dni3541
    @dni35415 жыл бұрын

    thank you for sharing information. What is the different tax form 1023 and 990 ? Does a non profit corporation have to file two tax form on for fed and one for state ?

  • @waynecmontgomery

    @waynecmontgomery

    4 жыл бұрын

    1023 is the application to get NON-profit staus at the federal level. The 990 is a tax form that you report your earnings on to the IRS. And yes you must also do a state tax form and most likely an Annual report as well.

  • @reginaldgillam6847
    @reginaldgillam68474 жыл бұрын

    What if I want to feed people does that fall under the 501c3? Also, thank you. You popped up on my feed never even heard of anything like this but you have me very intrigued now. I have something I want to do and I never thought about it from this side of it, thank you for opening my eyes.

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Thank you for your interest. In order to qualify as a tax-exempt, 501(c)(3) organization, you must define a specific charitable purposes. The Internal Revenue Service Publication 557 (IRS Pub 557) gives us few examples of activities that can be deemed charitable. However, important to note that this list is non exclusive and some other activities not specifically listed on the Publication may still allow to be declared as charitable. Some of the most common categories include: religious, charitable, scientific, public safety, educational, sports, and preventive purposes. So long as you can fit your activity in one of these categories, then you should be able to qualify.

  • @victordanielbaquero83
    @victordanielbaquero833 жыл бұрын

    I just saw this, I want to start a non profit here in Florida but I want to make it global. My goal has been to always help people in anyway I can and I want to set it up. How much would it cost for you guys to help me?

  • @alhajiedicko4383
    @alhajiedicko43834 жыл бұрын

    I really want to know more about this nonprofit because I creat one but I don’t have much ideas on it, I really heed help.

  • @enam6704
    @enam67043 жыл бұрын

    Thanks! I'll call! Are you guys partnered with tax professionals too?

  • @marysevier
    @marysevier5 жыл бұрын

    Thank you for the information. Do I want to be forming an S Corporation or a C Corporation?

  • @TobyMathis

    @TobyMathis

    5 жыл бұрын

    Hi Mary, It is actually a non profit - not and S or C. You apply for the EIN and apply for exempt status (form 1023) and it relates back to the date of filing when approved.

  • @etornamtsyawo6407
    @etornamtsyawo64074 жыл бұрын

    Thanks a lot for this. I'm not in the US, can I still contact you?

  • @kendrussperry8827
    @kendrussperry88273 жыл бұрын

    I am interested ✅

  • @RedskinzFan
    @RedskinzFan4 жыл бұрын

    Sir, I have a plan for a BRILLIANT 501c3 & it will do so much good for our hometown heroes (Vets) I would like to chat with you about getting thus up and running. Please advise on how to reach you. I am a vet myself and my family and fellow vets I know are ready to get this started

  • @brienmacgearailt7801
    @brienmacgearailt78013 жыл бұрын

    How do you ensure you make a good salary in the process?

  • @Reemel86
    @Reemel863 жыл бұрын

    Hi so what are the distribution of assets that I need to put in the box beacuse iam register a nonprofit for church..trying to get the articles of incorporation for the church to open a bank account..from Indiana

  • @963hz
    @963hz2 жыл бұрын

    Hi Toby- we’ve got our purpose, state and Board of Directors. Ball park what’s the inclusive fee for a 501c3 in ID?

  • @SoLNaTaL555
    @SoLNaTaL5552 жыл бұрын

    Does this apply to international NGOs based in the USA?

  • @erikbrown8688
    @erikbrown8688 Жыл бұрын

    We need updated videos

  • @waynecmontgomery
    @waynecmontgomery4 жыл бұрын

    Hey, do you guys do 1024 filings? Our non-profit is looking to set up a title corporation for holding real estate, the TCJA has started a boon in the northeast of people who are looking to donate property but remain in the property under a survivors agreement, its been great cause we have been able to get local tax authorities to give us local re tax exemptions.

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Sounds like you have some good things going. We can be more specific and answer your questions directly regarding your business. If you’d like a 30 min, no-obligation, consultation we’d be happy to do so. 👉 aba.link/FREE30MIN or feel free to call 800.706.4741

  • @r.s.1348
    @r.s.1348 Жыл бұрын

    What about the 508(c)(1)(a)? Any advantages over the 501c3?

  • @tonyblair4011
    @tonyblair40114 жыл бұрын

    is a community based organisation also considered as a nonprofit organization?

  • @mosessam9850
    @mosessam98503 жыл бұрын

    Hi Mr. Anderson. I'm Moses Sam Quie form West Africa and is helping street girls of the street and back to school. I'm trying to get the 30min Strategy session. Is this offer not available to people out of the US?

  • @kcmarie1928
    @kcmarie19284 жыл бұрын

    You also mentioned that you can take a salary from this. Can you elaborate a bit. Is there a certain percentage one can take and is that salary then taxed as income?

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    Yes you can take a salary from a non-profit. The salary must be "reasonable," meaning what a person doing that type of work would normally earn. The salary will be taxed to you as income, unless you choose to contribute to a tax-deferred account.

  • @vanessavillegas4797
    @vanessavillegas47974 жыл бұрын

    I'm in California. To set up a Corporation I will have to pay $800 yearly. Is that the same fee for a non-profit?

  • @janeshedron2204
    @janeshedron22044 жыл бұрын

    We are starting a photography club.We need to be non profit. Dues will be paid annually, that money will be used for educational purposes. 5O1C3 ? Or 5O1C7? Does 1 person have to use their personal SS# when it is a group club/effort?

  • @deenutz3145
    @deenutz31453 жыл бұрын

    How can I get this process started?

  • @kcmarie1928
    @kcmarie19284 жыл бұрын

    Once you put the original funds in to this can you invest some of those funds to grow the charity or is it strictly by donations after that and if so does that mean you have to do some type of fund raising?

  • @TobyMathis

    @TobyMathis

    4 жыл бұрын

    This can be a complicated issue but generally, at least 1/3 of the non-profit's funding must come from outside sources by year five. If you set up a private foundation, all funds come from you personally.

  • @Mental.Hub.
    @Mental.Hub. Жыл бұрын

    What about produce? Is there a non-profit that can be setup for companies that grow produce?

  • @temiymahs_World
    @temiymahs_World4 жыл бұрын

    I would love to get this process started with help. What is the cost to get up and running through you guys? Thank you!

  • @stressfree9780

    @stressfree9780

    3 жыл бұрын

    I think he’s busy

  • @F16spec

    @F16spec

    3 жыл бұрын

    @@stressfree9780 plus it's not hard, doing one right now.

  • @stressfree9780

    @stressfree9780

    3 жыл бұрын

    @@F16spec Have u seen his wife! Shes got - im sure he's pretty busy with her

Келесі