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What’s the Risk of Starting a Nonprofit?

NonProfit Hub

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. This includes the subcategories of employment, housing, public safety, etc.

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A Jargon-Free Guide to Low-Profit Limited Liability Companies (L3C)

NonProfit Hub

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. With that being said, it is an option to file as an L3C in one of the above locations then qualify it as a foreign entity for your desired state.

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How Well Do You Know Your Neighbors?

Connection Cafe

Reviewing how much a donor has given you, time of last gift, and how many times they have donated – also known as RFM history – is probably the first stop for any fundraiser to help decide which prospects to contact, with what message, and with which ask amount. This review ranks her as a “very good” prospect across all age groups.