Dollars & Sense

Converting a Homeschool Business to a Nonprofit: Nonprofit Incorporation

Listen Later

Sometimes a homeschool group started as a for-profit business desires to convert to a nonprofit organization for its many benefits. Can that be done? How hard is it? How costly is it?

In the next 3 podcast episodes Carol Topp, CPA will explain how to convert a for-profit business into a nonprofit organization. In this second episode Carol discusses bylaws and nonprofit incorporation:

The first episode #168 on forming a nonprofit board aired on April 4, 2019. Find it at HomeschoolCPA.com/Podcast

What makes a nonprofit? How is it different from a for-profit business?

  • A board (not an individual) operates the nonprofit organization.
  • They explain the purpose, membership and design of board. They also describe Board job descriptions and duties. Sample bylaws can be found at HomeschooLCPA.com/Samples.
  • Articles of Incorporation (your founding document) and to be organized and operate as a nonprofit organization. Read some of Carol’s articles on nonprofit incorporation:

    • How do we become a recognized nonprofit?

    Do we need to Incorporate?

    5 Great Reasons to Incorporate

    Featured Product

    In the podcast I mentioned that I’m offering a webinar on Creating a Nonprofit for Your Homeschool Community

    Airing live on Monday April 22, 2019 at 8 pm ET/7 pm CT/6 pm MT/5 pm PT.

    Who should attend?

    • Brand new start up homeschool groups
    • Existing groups that never formed as a nonprofit
    • Homeschool communities run as a business that want to convert to be a nonprofit
    • Leaders that are unsure if their homeschool group is a business or a nonprofit. It can be confusing!

      • Cost is only $10

      For more information visit HomeschoolCPA.com/CreateNP

       

       

      The post Converting a Homeschool Business to a Nonprofit: Nonprofit Incorporation appeared first on Ultimate Homeschool Podcast Network.

      ...more
      View all episodesView all episodes
      Download on the App Store
      Dollars & SenseBy Carol Topp
      • 5
      • 5
      • 5
      • 5
      • 5

      5

      9 ratings

      More shows like Dollars & Sense

      View all
      Making Biblical Family Life Practical by Hal Young and Melanie Young

      Making Biblical Family Life Practical

      101 Listeners

      Vintage Homeschool Moms by Felice Gerwitz

      Vintage Homeschool Moms

      31 Listeners

      Ultimate Homeschool Radio Show by Felice Gerwitz

      Ultimate Homeschool Radio Show

      8 Listeners

      The Homeschool Sanity Show by Melanie Wilson, PhD

      The Homeschool Sanity Show

      109 Listeners

      Homeschooling IRL by Andy and Kendra Fletcher

      Homeschooling IRL

      220 Listeners

      Learning to Speak Life by Michael and Carlie Kercheval

      Learning to Speak Life

      6 Listeners

      College Prep Genius by Jean Burke

      College Prep Genius

      13 Listeners

      Homeopathy for Mommies by Sue Meyer

      Homeopathy for Mommies

      239 Listeners

      Family Renewal by Israel Wayne

      Family Renewal

      45 Listeners

      Mommy Jammies by Felice Gerwitz

      Mommy Jammies

      7 Listeners