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    bankans's Avatar
    bankans Posts: 2, Reputation: 1
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    #1

    Aug 8, 2007, 06:19 PM
    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.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 8, 2007, 06:28 PM
    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.
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