Your Qna     New Questions     About Qna
EQNA is a growing interactive people-knowledge network with more than 120,000 questions and 450,000 answers from over 55,000 members worldwide. With all friendly functions, EQNA will be a fun place to join, share and discover knowledge, an open net space allowing you to connect with other people having specialized knowledge or ones with same interests to yours. EQNA login features secured logins using Twitter and Facebook enable you to place questions without sharing your personal information to us. Lets get out and join our community today!
Ask a Question
Rick

We are changing our company to a non profit 501 c3, I've never had a non profit, are there anythings

I should know, good or bad?
Russ:

http://www.fourmilab.ch/uscode/26usc/www/t26-A-1-F-I-501.html

I suggest you read the Code carefully before you make any attempt to convert any entity from "profit" to "non-profit" status.

Rick:

My law firm is of the belief that it is perfect for us. We buy blocks of distressed homes to rehab for low income folks. We finance them ourselves, No down and 3.25 interest, 30 year.

Russ:

From an accounting point of view, it may be the best.

Rick:

Is there a down side?

Russ:

Sure, always. Watch the percent of "for profit" parts of your operation. There are limits to those. read the section.

Rick:

thanks, russ will do.

Robert:

the private alternative school I lived at was one, but they WERE totally non profit, staff was paid 10.00 a week

Rick:

did they operate on govt grants?

Robert:

Hell no

Answer:
Text ColorBackground Color
BoldItalicUnderline
LeftCenterRightJustify
Ordered ListBulleted List
IndentOutdent
Horizontal Rule
SubscriptSuperscript
HyperlinkImage
Design ModeDesign
Html ModeHtml
 

Top Question And Answer

  • Need domain advice on 2 sites. Somebody plz help cause I don't want to go thru changing the name.
  • How many people know what a non profit company is? We are changing to one and the employees don't
  • Is there a corporate office for Rapid Lube oil changing businesses and if so how can I get in touch?
  • Any interesting sites about career changing, upgrading your qualifications, jobs opportunities?
  • How do you turn off the maintence required light on a Toyota Matrix after changing the oil
  • can a company refuse to cash out your 401k if the plan says you can cash out
  • I think I want to get into OTR truck driving. What is a good company to start with?
  • When a publicly traded company has layoffs, is that considered good news or bad news for the stock?
  • If you are taking meds from ETHEX company?You need 2 call your pharmacy,because your meds.might have
  • Would a refurbished laptop (from a company like Dell) be OK and reliable?
  • IF THE OIL COMPANIES MAD 39 BILLION DOLLARS PROFIT LAST YEAR WHY CANT THEY LOWER GAS PRICES
  • Is not Christianity a dictatorship, in most cases used to manipulate others, for profit?
  • What kind of website should I build in order to get the most profit from advertising next 12 months?
  • what is the ideal profit margin percentage for a business that is competitive but good for growth?
  • should business maintance expenses be taken from profit or added to estimates as an misc. expense?
  • In the business sense what does "NPOI" stand for? presumably Net Profit something Interest ? Thanks.
  • Trying to start a sole Sole Proprietorship would it be registered under domestic profit corp.?
  • i want to manufacture Bio-Diesel Fuel For Profit,How do i engineer a buisness plan for this?
  • Is there a download of the Intent to Produce a Profit form for a home based business
  • looking for Arizona State certificate of incorporation for non profit faternal organization
  • I want to buy a bag,what is the baghttp:www.goyardreplicasale.com/Grade-Quality-Goyard-Saigon-Tote-Bag-PM-8941-Black/196/index.html
  • How is it:www.topreplicagears.com
  • Www.mokahandbags .com
  • Facebook new account opening form
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • Hom bhr0165301533Www.facebook.new account
  • Hom bhr0165301533
  • how do I get mms message fro. mmsweb.iwireless.com
  • Find out how many cars of my model are registered
  • What would happen if a letter opens in the mail
  • Facebook new account open
  • Facebook New Account Creation
  • Facebook new account creation
  • locating a business that closed