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Not For Profit Financial Services / 1 posts found

calculator and notepad placed over stack of usa dollars

Alert Non Profit- Not For Profit Financial Services Alert- Non Profit Misconception

by IAF
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In this video I discuss the misconception that goes along with looking for a not for profit financial services. The non profit functions under the 501c banner which is a tax incentive allowing them not to pay taxes. However the not for profit is an illusion as these companies have a financial incentive and have to generate a cash flow. Many times the cash flow is a large amount generating enormous profit with the extra adage of not paying for taxes.