Setting up a non-profit (1 viewing) (1) Guest
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TOPIC: Setting up a non-profit
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Tomas (User)
Senior Boarder
Posts: 69
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Setting up a non-profit 6 Months, 2 Weeks ago
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Karma: 3
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Anyone familiar with setting up a non-profit? I get requests to set them up and people want to know if they set up the non-profit if they can be put on salary? What type of reporting requirements are there and what type of scrutiny is associated with filing a non-profit.
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Brian (User)
Senior Boarder
Posts: 65
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Re:Setting up a non-profit 6 Months, 2 Weeks ago
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Karma: 1
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There has to be a legitimate non-profit purpose in order to get IRS approval from the entity.
Creating a charitable entity just to put yourself on payroll is not a legtimate purpose. What is your client's intended purpose? What activities will it be conducting?
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