Re: [MACCAWS] Legal Finance Question List - please read and edit

--- Tom Dell'Aringa <[email protected]> wrote:
> 1. We are not set up as any type of
"official"
> organization. We've
> heard that setting up a non-profit org. is
painful
> and the benefits
> don't necessarily outweigh the negatives,
> particularly in our case.
> Plus, any costs associated with this would be
> prohibitive for us
> since we are on basically a zero budget.

We should look into the legal structures of small
organizations and see how they're handling things. For
example, what does a Boy Scout troop do for legal
structure? There's got to be one, and it's got to be
simple, I would assume. How about a local pet rescue
organization? Or a Kiwanis club? Those might be some
fruitful examples to investigate.

> 2. What are the ramifications of accepting
> donations? Both if we are
> a non-profit and if we are not. Also, how could
we
> accept money
> without being a non-profit and not have to worry
> about tax concerns.

...or, as a break-even corp, the tax liability may be
$5.12 or something ludicrously low such that it's
easier to be a regular old c-corp than to deal with
the qualifications for a not-for-profit group.

/rg

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