Charity organizations use the money they get from events they organize, sales and raffles to keep going. It’s not like anyone is getting a payment for themselves out of the money. If the organization keeps going so does the charity it makes. I don’t see why you guys are making such a big deal out of it. It’s like like most of them do and makes sense.
NOW, on the credibility issue, it’s imperative that SFJ becomes “legal” as an organization.
EDIT: And I’m still waiting for a size chart so I know if I can order a shirt or not.
I think the difference comes from the fact that Charity organizations’ overheads are the overhead covers both what’s done to raise money and what’s the overhead necessary to directly help people. With an organization that’s only raising money for another charitable org, it becomes awkward for the benefited charitable org to endorse the project because they have no control over how much of each donation is being taken for administrative purposes.
Name: Spenzalii Shirt size: XL American Apparel? Sure One-off color? N/A Number of shirts this type: 1 Tilted or Straight logo vote: Til Country of Destination: USA PayPal Address: spenzalii@att.net
For the US, a Non-profit has to have by end of the year a zero Profit or zero balance.
Funds can be used to fund future events, even pay full time employees.
My Mother is a full time paid employee for a non-profit charity organization so I have and idea what a non-profit functions.
Thus, two options: go the route of taking peoples’ money and promising that it will go to charity, which means that (unless an LLC or something is formed, which is a further expense) the person who takes the money becomes responsible for taxes owed as income (if an LLC or other corporate entity were formed for SFJ, that entity would then have to pay the taxes instead), or have the donations go directly to another, pre-established charitable organization – this means any money that comes in during an event raising money for the charity must go directly to the charity (no passing “Go”, no shaving operational expenses off the top).
In the second case, as the donations would be collected and deposited directly into the charity, they qualify as charitable donations (tax deductible for the donors, a major plus). This, of course, means that SFJ would have to fund raise separately via T-Shirts, Tip Jars, etc., all of which would not be charitable donations. Any leftover money from that fundraising could be appropriated for future SFJ operational costs, or donated to the charity.
I know. You got to keep records of EVERYTHING. Bank Records, recipes, sales, donations ect…
You don’t need a lawyer per se, but you need a qualified book keeper to keep everything in check.
Name: DanAdamKOF Shirt size: XL American Apparel? Yes One-off color? no Number of shirts this type: 1 Tilted or Straight logo vote: Straight
**Country of Destination: **USA PayPal Address: a d a m . k a r o n i k a [at] g m a i l . c o m (written that way to avoid spam, remove spaces and turn [at] into @)
**Name:**Muffman
**Shirt size:**Adult Large
**American Apparel?**Yes
**One-off color?**Red
**Number of shirts this type:**1
**Tilted or Straight logo vote:**Straight
**Country of Destination:**United States
**PayPal Address:**toubabokoomi07:360:yahoo:d: com
Name: Typho Shirt size: L American Apparel? Yes One-off color? purple Number of shirts this type: 1 Tilted or Straight logo vote: Tilt
**Country of Destination: **USA PayPal Address:koachy92@gmail.com
