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#1
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Re: Forming a non-profit
Find yourself a good local CPA that can tell you your incorporation options according to local/state/federal laws, along with tax liabilities for all the options. Trying to set up a non-profit charitable organization has a lot of requirements, including dealing with the IRS . . . no way would I try this alone, or even with web help. Find an expert; might cost you a hundred or two for consulting, but it is money well spent if you are really serious.
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#2
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Re: Forming a non-profit
Sorry about not posting the idea, not a secret.
The idea is this: I want to set up an organization that raises money in order to sponsor a sort of donor travel(ers). Basically I would probably be the first person to do this, but I'm not very qualified so if someone else became a better choice or a lot of money rolled in quickly then there would be other people.. hopefully lots of people. It's very simple.. and it wouldn't necessarily take a non-profit as rich people could do it themselves, the idea is to have the NPO so they could give money and not bother with the travel. The donor-traveler would go to some chosen dismal place, I have in mind rural but this isn't necessary either... and look around, ask the elders what would make things less dismal, or figure out some other way, and then with their sponsorship dig a well or buy sewing machines or a fridge or whatever. Sustainability and self-reliance would be core values. So I would rather see the organization giving tools and teaching things rather than buying a bunch of rice that has only delayed starvation. The long term goal is more to start a trend than a non-profit A hundred or two is no problem. I have no idea how to find a 'good' CPA. and stormstarter, i lol'd.. wrote this post and lol'd again. Edit: I would also like a catchy new noun to label the donor-traveler, I don't know what to call him/her. Also a name for the organization itself. Ideas for either are greatly appreciated |
#3
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Re: Forming a non-profit
I've formed 3 companies on my own (ok, 2 with partners - not CPAs or attys though). It's not hard. Non-profit is a little harder, but not that hard. Check a few books out from the library.
I looked into the inet services that charge a hundred or two and they don't really seem to do anything for you other than give you the forms and tell you where to mail them. A business attorney wanted $1200. I don't know how much a CPA would charge or even if they would do this paperwork for you. I've only used CPAs to do taxes. |
#4
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Re: Forming a non-profit
Hm... a charity whose specific focus is finding people with problems, and paying to fix them. Perhaps you should call it "The Human Fund."
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#5
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Re: Forming a non-profit
[ QUOTE ]
Edit: I would also like a catchy new noun to label the donor-traveler, I don't know what to call him/her. Also a name for the organization itself. Ideas for either are greatly appreciated [/ QUOTE ] I have some ideas. I'll let you use them in return for a cut of the profits. |
#6
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Re: Forming a non-profit
[ QUOTE ]
[ QUOTE ] Edit: I would also like a catchy new noun to label the donor-traveler, I don't know what to call him/her. Also a name for the organization itself. Ideas for either are greatly appreciated [/ QUOTE ] I have some ideas. I'll let you use them in return for a cut of the profits. [/ QUOTE ] How does 50% sound? |
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