Wednesday, August 8, 2012

To become a non profit entity or not.

Establishing ourselves as a registered and recognized 501(c)(3) in the United States, can be a pain, and require filing yearly reports. On the other hand, the incorporated status protects the participants and provides a level of review so we don’t wander of the path.  Finally, that status would remove a barrier for contributors. I saw one published cost at $500 dollars.  I propose we investigate with a goal of achieving non profit status for under $200, and that we hire a person in Haiti to monitor the filings.
 
 
 

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