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Unread 10-03-2009, 22:16
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Overyourhead Overyourhead is offline
Josh
AKA: Josh
FTC #0154 (Renegade)
Team Role: Mentor
 
Join Date: Apr 2007
Rookie Year: 2006
Location: Rhode Island
Posts: 46
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Non-profits and managing money.

Hey,

I'm a mentor for an FTC team. This year we have separated from the school in the town. In previous years all of our money from sponsors was managed through the school. Now that we are no longer associated with the school we need a way to manage our money. Also, we need to be able to be a non-profit for our sponsors can get their tax cuts.

I was wondering how teams that are not associated with a high school manage their money. Are you considered non-profits or 4-h clubs? If so, how did you go about filing the paper work for it?

Thanks!
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"Like the WWF, but for smart people." -George HW Bush
2008-2009 Team 154 FTC
RI Regional-Winning Alliance/PTC Design Award
18th Place in Atlanta (Franklin Division)
2007-2008 Team 154 FTC
Winning Alliance/Inspire Award -RI Regional
Semi-Finals MA Regional
Atlanta Quarter Finials 12th in division(Franklin Division)
2006-2007 FVC 3707
Winning Alliance/Connect Award-RI Regional
26th Place in Atlanta
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