The IRS and Cooperative Fundraising
Links to an explanation of the IRS rules regarding fundraising.
Links to an explanation of the IRS rules regarding fundraising.
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.
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…
I’m considering starting a homeschool group. How did you decide on a co-op with all volunteer teachers versus an academy with hired teachers? I think I have some moms who would be interested in participating, but I really don’t know…
US News contributor Andrew Bauld interviewed me about micro school or his article “What is a microschool?” My contribution to the article was to offer my advice as a CPA to approach the endeavor of launching a micro school with…
I hear from a lot of homeschool leaders that they have board members who don’t do much. How frustrating. Don’t ignore the problem. Do something. The problem is likely to get worse and a board member who is not participating…
I have a question about the conflict of interest issue. Three ladies and I would like to incorporate to teach classes together and form a homeschool co-op. If we are the three board members, then does that mean we can…
Are you confused by the jargon used with nonprofits? Many homeschool leaders get confused by these titles and the roles they have in a homeschool nonprofit organizations, so I created a visual way to explain these terms using a Venn…
We are so pleased to announce that HomeschoolCPA.com and HomeschoolLeaders.com have released a set of three videos to train homeschool board members! We really felt the need to train board members since many homeschool leaders have never served on a…
What are the duties of a nonprofit board member?