In this video, Toby Mathis, Esq. and Karim Hanafy, Esq. will go over ten mistakes people make when setting up a nonprofit and why you MUST avoid them.
Nonprofit organizations are some of the most essential organizations in our society. They are responsible for many vital services, such as feeding people experiencing poverty and helping people with physical and mental disabilities.
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Setting up a nonprofit organization can be an exciting but stressful experience if you need to know what you're doing.
A nonprofit organization is complex and time-consuming; avoiding common mistakes is essential. These mistakes can lead to disaster for your nonprofit, so be sure to learn what they are and avoid them!
"Always tell a story." 7:05
Nonprofit organizations are a great way to make a difference in the community. However, setting up and running a nonprofit can be very challenging.
By the end of this video, you'll better understand the critical mistakes to avoid when setting up and running your nonprofit!
You'll have everything you need to start and run a successful nonprofit!
Thank you for watching! If you enjoy this video, leave it a thumbs up and a comment, and be on the lookout for more videos from my channel!
Show Notes:
0:00 Intro
0:38 Guest Background
1:50 #1 Improper Structure
3:18 #2 Articles of Incorporation
6:17 #3 Describing Activities
8:42 #4 Terminology
12:26 #5 Classification
16:42 #6 Compensation
18:54 #7 Filing Taxes
20:52 #8 Consultations on Donations
24:07 #9 Donor Letters
28:53 #10 Asset Protection
31:17 Overview
35:59 Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.
#nonprofit #nonprofitorganization #501c3
15 авг 2024
