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Is it legal for a non-profit organization to ask for money from people?
Wiki User
∙ 14y ago
Its normally referred to a s "NOT for Profit" Organisation. These are usually Charitable organisations. therefore, if they are seeking money they do so under the terms of charitable donation. Depending on where you are in the world will depend on the legal boundaries that such an organisation can work
Wiki User
∙ 14y ago
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How do you use nonprofit in a sentence?
non profit means like its not doing something to make money. like a organization to help africans can be "nonprofit" The commerical said that the organization was a non profit organization and they just wanted to help the sick and needy.
How can you own a nonprofit organization and make some money?
you seem not to understand the idea of 'non-profit'
Which type of formal organization do people typically join in order to make money?
Utilitarian Organization
In nonprofit organizations is the money left over from expenses a sort of profit?
This is a very good question. Yes, this money would technically be considered a profit. However, nonprofit organizations that have been grated 501(c)(3) status with the IRS must have a plan for the money or else they have to distributed it to another nonprofit 501(c)(3) organization. This is not generally an issue for most of these qualifying organzations are funded by community members and grants from larger organizations. The grants are given after a purposal and budget have been approved. These budgets are pretty tight. Most of these types of organizations are running with just enough funds to get by. The tax form that is filed by nonprofits would be Form 990. Good luck!
Was Enron a nonprofit?
Oh heck, no. Enron was a major player in the electricity industry and made vast amounts of money cheating customers.
Can a nonprofit give money to a for profit organization?
Can a nonprofit foundation give money to a for profit organization
What are nonprofit organization?
An organization that was not made to make money.
Is the job of a financial manager in a nonprofit organization different from a financial manager in profit seeking firm?
The job of a financial manager in a nonprofit organization is different from a financial manager with a profit-seeking firm. These people will handle money in different ways.
Is the job of a financial manager in a nonprofit organization different from a financial manager with a profit-seeking firm?
The job of a financial manager in a nonprofit organization is different from a financial manager with a profit-seeking firm. These people will handle money in different ways.
How do you use nonprofit in a sentence?
non profit means like its not doing something to make money. like a organization to help africans can be "nonprofit" The commerical said that the organization was a non profit organization and they just wanted to help the sick and needy.
How do you use the word nonprofit in a sentence?
(as an adjective or noun) I use my nonprofit organization to shield my taxable income from the government. Most charities are classified as nonprofit corporations. A nonprofit exists to serve a purpose rather than to make money.
How can you own a nonprofit organization and make some money?
you seem not to understand the idea of 'non-profit'
Can an indiviual become bonded to handle money for more than one nonprofit organization?
Yes, I would think so, but contact an agent and ask.
What exactly is a nonprofit organization?
A nonprofit organization does not have owners or shareholders so it does not retain profits from one period to the next, other than to smooth out funding for organizational programs. Therefore, all money raised is spent on salaries, the work of the non-profit, and in saving for future programs. Non-profits do not pay dividends.
How much does a nonprofit person make an hour?
Nonprofit means you are making 0 percent of the money so they make none of the money for themselves! (:
What are Gross Receipts for a non profit organization?
Generally, Gross receipts for a non - profit organization can be defined as the amount of money raised from all sources in a fiscal year without being any expenses subtracted.
How can I make money from running a website that doesn't sell things?
You can either sell advertisement space to companies (example: Facebook) or you can commit fraud by posing as a nonprofit organization (Do at your own risk).
