Category Nonprofit status

Your state wants your nonprofit to register

Many homeschool groups breath a sigh of relief when they get 501 tax exempt status from the IRS! But only a few realize that their government paperwork is not over! 41 states require nonprofits to register with their state when…

Financial Symposium (online) for Homeschool Leaders

Virtual Symposium for Homeschool Leaders with Carol Topp, CPA on Friday July 15, 2022 at 12 noon EDT Three online workshops on important financial and management issues for leaders of groups of any size. Creating and Running a Nonprofit Financial…

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…

Non-profit or for-profit for a homeschool co-op?

I am planning to start a homeschool nature-based co-op, where the parents will stay on-site, and we will meet 1-2 days per week. I believe we would be a for-profit organization. Is there some reason to choose non-profit status versus…