Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Other Business & Careers (https://www.askmehelpdesk.com/forumdisplay.php?f=231)
-   -   NON Profit Organization. (https://www.askmehelpdesk.com/showthread.php?t=117858)

  • Aug 8, 2007, 06:19 PM
    bankans
    NON Profit Organization.
    Hello I have a website and a forum under it. We are planning to create a NPO. Can we use our forum part only as NPO and keep the rest of the site profitable?

    Please help.
  • Aug 8, 2007, 06:28 PM
    Fr_Chuck
    A NPO can have a part that makes a profit, as long as it pays taxes on that money. For example a church may own a apartment building, while its donations are not taxable, its other income can be taxable.

    If you are creating a NPO, even have a business you need to sit down with a good CPA and have all sorts of plans made.

    The dividing of income for a NPO can be touchy.

  • All times are GMT -7. The time now is 10:41 AM.