usmcmustang
Regular Member
Just a thought... might want to consider incorporating as a for profit entity and "sell" sponsorships or other "tangibles." Why "involve" the IRS with a non-profit entity where the rules are relatively restrictive as to what can and can't be done... and if the IRS believes you have somehow violated their rules they simply revoke your non profit status. And, just who out there is concerned if their $25, $50, or $100 "donation" is tax deductible? Might just be a better idea to have supporters "sponsor" our cause and not be "shackled" by all the IRS BS. Yes, the corporation would have to pay income tax on any "profit," but so what? The corporation would be "free" to lobby and be involved in most whatever it determines appropriate. I'm not seeing the TRUE benefit of incorporating as a non profit. Anyway... this obviously deserves more discussion. We're at 10 now... still need 1/2 that to get real serious.