Non-profit business
After kicking around an idea for a couple of days, I'd like to see if I can get any feedback from people about what's involved in starting a non-profit organization. This is a nascent idea so there are still a lot of missing details that I need to consider.
The questions are:
- what is involved in setting up and running a non-profit compared to a for-profit business entity?
- what kind of governance requirements are there? Can it be a solo operation or does there need to be a board of directors?
- would charging a discounted fee for services, offering a sliding scale, and running a free service component be sufficient to get non-profit status?
Becoming a non-profit is based on the fact that virtually all of the users of the services would be people working for non-profits or local governments. It might also open up possibilities for grants and fundraising.
TIA
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