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ProConNot Surefollowup questionsWho's CommentNotes
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Free and discounted software - Mailchimp, Pantheon, Github, etc.x
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Potentially free or discounted advertising opportunities, including Google Ads
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We could realistically afford to set up a Gsuite organization for DCCOx
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Donations could be classified as charitable donations, allowing donors to write them off.x
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Possibility of better partnerships with local groups (e.g. on-campus departments)x
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Create and maintain a boardxAs a boardmember, you take on fiduciary responsibility, which is why some organizations carry board insurance.We already largely behave this way.
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Already get financial "sponsorship" (aka processing and insurance) through OMF. 10% of what we receive covers accounting and credit card processingxHow does our Stripe setup work with OMF? Are we double charged?
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Need an accountant to help with books and 990 N filingxGet quotes - Matthew mentioned this may be $400-$500 annually
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Fill out our own 990 every yearxIRS estimates 60 hours per year for 990-EZ + any schedules if neededFile990 charges $70.00 to file for you. CPA can file for you as well. Smaller nonprofits with gross receipts of less than $50,000 file Form 990-N (e-Postcard). They take a few minutes to fill out.
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Carry liability insurance three days/yearxGet quotes - Matthew mentioned this might be $120 annually. If we hold local events, like meetups, this will be impacted.
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One-time setup cost of $1200 to do all the paperwork.
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Running a corporation on top of organizing a campxKevin ThullMidCamp
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Recruiting board membersxChris via comments from SuzanneIn an ideal situation, board members would roll in and out. Other camps have experienced burnout and hardship with finding new board members
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Additional time commitment if camp organizers are also serving as board membersxChris via comments from Kevin Thull and Avi
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Need for a lawyer ? xChris
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Need to file ongoing paperwork? xWhat additional paperwork do we have to submit to who and how often once established? Can this be done by a 3rd party? If so, what is the cost? Chris
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Need to keep own booksxxMatthew
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Should ideally do an audit ever 2-3 yearsGreg
Matthew suggests this would be ~$450 every few years.
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Not have to pay the fee to someone else to be our fiscal sponsor
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Has a fiscal sponsor, but you have to be on the sponsor's boardJohn RearickDrupalcorn
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softwareconservancy.org
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opencollective - 10%
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