Does anyone know anything about starting a non-profit org?

  • avatar

    by: raiderjake
    SaleHoo Master Member
    248 posts

    Does anyone know anything about starting a non-profit org?

    Posted 11 Jan 10 9:45 pm.

    i've been thinking about starting a non-profit organization for sometime now, i wanted to get my online business up & running & profitable 1st but now im thinking i should sell online to fund the non-profit organization. i don't really know anything about non-profits, wondering if anybody here knows much about them.

    can i accept tax deductible donations of merchandise from liquidators & wholesalers? would this be something that they would be inclined to do?

    i know i can take a modest salary for running it. once things were going good i think i would take in about $2500 a month. if i brought in $10,000 in sales a month that would be 25% of the revenue, is that high? would the suppliers want that kind of info before donating?

    thoughts and ideas would be great, thanks!
  • avatar

    by: grace-salehoo
    SaleHoo Master Member
    334 posts

    Re: Does anyone know anything about starting a non-profit org?

    Posted 12 Feb 10 1:13 am.

    Hi raiderjake,

    My partner started a non-profit here in Australia and it wasn't too difficult, but he found talking to an accountant pretty essential!

    I'm not sure what would be involved in the US - I have heard the requirements are tougher there. The information on this site might help:

    link hidden

    All the best.

    Grace

  • avatar

    by: raiderjake
    SaleHoo Master Member
    248 posts

    Re: Does anyone know anything about starting a non-profit org?

    Posted 13 Feb 10 5:54 pm.

    thanx