Adding a football program under your homeschool group
A homeschool treasurer has several questions about tax exempt status and financial oversight of adding a football program.
Is your homeschool organization a “mutual benefit” organization? Maybe not!
Most homeschool co-ops are public benefit organizations because they serve a public good (i.e. education of children) and are not mutual benefit organizations.
Employee compensation in a homeschool group
Becky Abrams is a homeschool consultant and Executive Director of Arrows Christian Academy, a homeschool hybrid in Oregon explains her employee’s wages in a blog post titled “Paying Workers: Employee Compensation.” I think it will be helpful for those of…
Is my homeschool group required to have a 501(c)3 tax exempt status?
The homeschool co-op that I am building cannot qualify for 501(c)(7) social club because we offer classes, therefore we have an educational purpose. But are we required to have a 501(c)(3) status? We are not interested in the benefits of…
Do you have what it takes to start a homeschool hybrid?
Rebecca Foley operates a homeschool hybrid program in New York. She launched a website StartaHybridSchool.com to help share her knowledge and experience. Her blog post titled, “Do you have what it takes?” Rebecca knows that a vision to start a…
How start up homeschool groups pay people from the very beginning?
I think I have a better understanding about the logistics of starting a homeschool group after reading your books and watching your webinars, but where I am getting stuck is the development of a board. It is just me and…
Can excess supply fees be used to pay other expenses?
Our homeschool co-op charges families a registration fee to cover administrative costs and a per-class supply fees to cover supplies/materials for individual classes. This past year we have a pretty good surplus on supply fee income. Teachers ended up not…
The IRS and Cooperative Fundraising
Links to an explanation of the IRS rules regarding fundraising.
Are fundraisers harming your chances for tax exempt status?
Many homeschool organizations depend on fund raisers to help run their homeschool co-ops and support groups. These fund raisers could actually harm a group's chances of obtaining tax exempt status.
What does it take to be a nonprofit?
For years, I have heard homeschool groups leaders say things like this: “We’re not an official nonprofit.” “We’re not a recognized nonprofit?” “We’re not a registered nonprofit” Or sometimes, the leaders say this: “We’re a nonprofit but we don’t have…