Sunday, July 20, 2014

Do I need a 501c3 non profit organization to have a mentoring program for youth or can i just use a dba?

Question

Do I need a 501c3 non profit organization to have a mentoring program for youth or can i just use a dba?



Answer

It depends on whether you need tax exempt status or not. If you need to be exempt from Federal taxes, you need a 501(c)3.



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