NonProfit Hub
OCTOBER 19, 2018
In an IRS study of “nonfilers,” around 16 percent of nonprofits that filed their 990s from 2000 to 2005 did not re-file in 2005. This indicates they either fell under the $25,000 filing threshold or ceased operations altogether. A 2016 study showed that Washington D.C. percent of all nonprofits.
NonProfit Hub
JUNE 1, 2017
So you want to start an organization that benefits a specific cause. Or is something that benefits both the owners and the cause more up your alley? An L3C, though, is a hybrid of an LLC and nonprofit business model, which is where an organization operates to benefit the general public without shareholders and without a profit motive.
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