Questions answered by Gene Takagi

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Can I start a nonprofit business, to bring more income, under the same nonprofit 501c3 organization I currently have?

Gene's answer | Answered on January 02, 2015

Apart from whether an existing nonprofit corporation's articles of incorporation and bylaws would allow for the operation of a store as part of its...

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If a 501(c)3 nonprofit solicits funds on the internet, does it need to be registered in all 50 states?

Gene's answer | Answered on April 02, 2010

This is a complicated question because each state has its own laws regarding registration. You may start by looking at the Uniform Registration...

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Does my nonprofit "have current 501(c)(3) status, as assigned by the IRS", if We meet the requirements and are automatically....

Gene's answer | Answered on April 02, 2010

Some organizations may be exempt under Section 501(c)(3) without filing for recognition of exemption under 501(c)(3). This includes organizations...

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I am hoping to start a nonprofit. Is it hard to attain IRS exempt status as a nonprofit LLC?

Gene's answer | Answered on April 02, 2010

You may find the 2000 and 2001 CPE Texts from the IRS helpful: Limited Liability Companies as Exempt Organizations -...

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Are Nonprofit organizations able to purchase goods from a business that is also owned by the nonprofit organization leader?

Gene's answer | Answered on January 01, 2010

Nobody "owns" a nonprofit, but there may be state law prohibitions against an insider transaction between a nonprofit and one of its...

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How can I incorporated myself to make the work I do in SA a charity foundation?

Gene's answer | Answered on March 13, 2009

Forming a nonprofit and applying for exemption under 501(c)(3) is one possibility, as mentioned by the previous respondent. However, if you decide...

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501c3

Gene's answer | Answered on January 11, 2009

Here's a very partial list of compliance issues for 501(c)(3) organizations: No Private Inurement. No part of the organization's net earnings...

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Not For Profit Organization

Gene's answer | Answered on January 11, 2009

Starting a nonprofit is relatively easy following the mechanical steps. The Citizens Media Law Project provides some references which you may find...

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Non profit organization funds, boy scout troops use of requirement payments and deposit into general fund

Gene's answer | Answered on January 05, 2009

I agree that answers to many questions, including this one, may be contingent on many variables. Generally, if the payments represented a fee to...

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Non profit organization

Gene's answer | Answered on January 05, 2009

Also note that nonprofit does not mean tax-exempt. You may form a nonprofit corporation by incorporating as a nonprofit corporation, but it may be...

Gene Takagi's Answers (12)

Can I start a nonprofit business, to bring more income, under the same nonprofit 501c3 organization I currently have?

If a 501(c)3 nonprofit solicits funds on the internet, does it need to be registered in all 50 states?

Does my nonprofit "have current 501(c)(3) status, as assigned by the IRS", if We meet the requirements and are automatically....

I am hoping to start a nonprofit. Is it hard to attain IRS exempt status as a nonprofit LLC?

Are Nonprofit organizations able to purchase goods from a business that is also owned by the nonprofit organization leader?

How can I incorporated myself to make the work I do in SA a charity foundation?

501c3

Not For Profit Organization

Non profit organization funds, boy scout troops use of requirement payments and deposit into general fund

Non profit organization