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Non-profits - PowerPoint PPT Presentation


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Non-profits What is a non-profit? It is a tax exempt organization that serves the public interest. Purpose of a non-profit must be: Charitable Educational Scientific Religious Literacy Cont. Non-profits do not declare a profit Public may make donations

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PowerPoint Slideshow about 'Non-profits' - albert


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what is a non profit
What is a non-profit?
  • It is a tax exempt organization that serves the public interest.
  • Purpose of a non-profit must be:
    • Charitable
    • Educational
    • Scientific
    • Religious
    • Literacy
slide3
Cont.
  • Non-profits do not declare a profit
  • Public may make donations
  • Uses what revenue it makes for operating expenses.
starting a non profit
Starting a non-profit
  • Organization must file articles of incorporation with the state in which it resides.
  • Non-profit organizations are given tax-exempt status (they do not pay federal corporate income tax)
  • Usually they do not have to pay local and state taxes either.
non profit employees
Non-profit employees
  • Non-profits have both paid and volunteer staff members.
  • Salaries are usually low for non-profit employees.
examples of non profits
Examples of Non-profits
  • American Breast Cancer Foundation
  • American Cancer Society
  • American Red Cross
  • Child Find of America
  • Habitat for Humanity
  • March of Dimes
  • http://www.charitywatch.org/azlist.html