How do we file as a non-profit for national fund-raising? Our parent corporation is based in Nevada.

It sounds like you have put a great deal of thought into your purpose, mission, and operational business plan and that you're likely ready to put...

Should the word 'Physical Therapy' part of the company name in CA when you provide other therapies in addition to PT?

Pursuant to the California Business and Professions code, the name of a physical therapy corporation and any name or names under which it may...

Is the creator of a 501 (c) (3) organization prohibited from collecting a salary?

No prohibition - but "reasonable" is the key word for executive compensation in a 501(c)(3) public charity.

501(c)(3) automatic revocation and reinstatement beyond 3 years

My office practices in this area, and like my colleague mentioned there are many issues that arise with auto revocation, including the duty of the...

Can I and should I require my Little League Board members to sign a non-disclosure statement?

My colleagues have offered great advice thus far. I believe a good presentation regarding fiduciary duty would be of great assistance, even if you...

If an individual opens a bank acct in their name with a 501(C)3 as the DBA, would they be shielded from tax liability?

A DBA provides no shield, whatsoever, from general liability. Further, if the bank account is in the name of the individual, and linked to his or...

Selected as the best answer

Within a non-profit organization, are contributions to a DBA restricted to that DBA, or can they be considered general contrib?

You should make this decision based on the intent of the donor at the time of the charitable gift. If they intended to make their donation...

For Single Shareholder Corporation, is compensation required for the CEO?

I have to respectfully disagree with my colleague. In the eyes of the IRS, an officer of a corporation is generally an employee, but an officer who...

I am trying to form a private foundation to donate and get tax write off for 2013. But it takes years now to get IRS approval

You are correct that the IRS is taking an extremely long time to issue determination letters in many cases. In my experience, the more thorough and...

For-profit business selling products for non-profit... Conflict of interest?

Be careful to avoid the appearance of self-dealing by ensuring that any deal entered into by the nonprofit was made in good faith, and was fair and...