I first would like to make clear me researching 501(c) 3 Tax differed non profit organization records, Is to Me more than a hobby! It Is something I have chosen to do as A matter Of Conscience I do It because There are many Less fortunate than Myself who Do not have the opportunity or ability to do so, And they suffer at the hands of Many of these Non-Profit organizations. So know that it is to me more than a hobby. Because I feel it is something that has needed to be done for sometime and, People who think themselves to be doing the right thing by donating time, effort and resources to these organizations refuse to do.
And I feel people should know the truth of these Org’s before giving them their all, they should have too them available the facts too be able to make a conscious decision, as to weather there efforts will be wasted.
I was accused recently in a Ill informed Post By A Mr David Noel AKA @jediladder on twitter as Being a person who does this research Only on Organizations that I hate. when Nothing could be further from the truth, I have also Done it to non-profits that have offered me Help in regaining my life and have Many times refused this help as a matter of principle, There are those critics of mine who would, That I believe Principles would only hold a man Like me back and make it more difficult to get out of homelessness, and they are correct,
It is far more difficult, however My principles unlike some People’s are not something I was willing to sacrifice for the sake of a place to Lay my weary head. And while finding some non-profit actions deplorable and against the very people they lay claim to help, I hate no one!
Here are some fact’s to clarify the impertinent ranting's made in the post By This man.
The accrual accounting method is something difficult to read if you don’t know how it works Is one claim that was made, and I will tell you this it is, Something simple actually because the accrual method is a business method used for outstanding accounts payable simply put and in layman's terms. It gives businesses the ability to function without cash flow or capital. It was devised for businesses doing business on credit purchases.
actual definition: An accounting method that measures the performance and position of a company by recognizing economic events regardless of when cash transactions occur. The general idea is that economic events are recognized by matching revenues to expenses (the matching principle) at the time in which the transaction occurs rather than when payment is made (or received). This method allows the current cash inflows/outflows to be combined with future expected cash inflows/outflows to give a more accurate picture of a company's current financial condition.
It is used by most businesses and non-profits alike and has nothing to do with me claiming non-profits Profit from the homeless in most cases I say most as there are many who are not seeking profit.And May God bless them those who give expecting nothing in return He will repay!
the truth off non-Profits: this is the I.R.S. Rules of Non-profit agencies and the where of their failure,
A section 501(c)(3) organization must not be organized or operated for the benefit of private interests, such as the creator or the creator's family, shareholders of the organization, other designated individuals, or persons controlled directly or indirectly by such private interests. No part of the net earnings of a section 501(c)(3) organization may inure to the benefit of any private shareholder or individual. A private shareholder or individual is a person having a personal and private interest in the activities of the organization. This is also where accountability needs be laid upon the doorsteps of these organizations as they at the top of these organizations profiting are doing so on this end, through no bid building contracts expense account’s for founders and board members and wages and benefit’s for those upper level management employee’s and that is not said to reflect on the volunteer’s or entry level associate of the org’s the people who actually do the work that gets done. the following is the IRS code by which we do not Hold them accountable and By them I mean the ones that do profit from Homelessness.
To be tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual. In addition, it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates.
Organizations described in section 501(c)(3) are commonly referred to as charitable organizations. Organizations described in section 501(c)(3), other than testing for public safety organizations, are eligible to receive tax-deductible contributions in accordance with Code section 170.
The organization must not be organized or operated for the benefit of private interests, and no part of a section 501(c)(3) organization's net earnings may inure to the benefit of any private shareholder or individual. If the organization engages in an excess benefit transaction with a person having substantial influence over the organization, an excise tax may be imposed on the person and any organization managers agreeing to the transaction.
Section 501(c)(3) organizations are restricted in how much political and legislative (lobbying) activities they may conduct. For a detailed discussion, see Political and Lobbying Activities. For more information about lobbying activities by charities, see the article Lobbying Issues; for more information about political activities of charities, see the FY-2002 CPE topic Election Year Issues.
I have over and over Again as of late along with many others been accused of being a Cyberbully, a Hater, and a terrorist. And this by People who are yes in fear! but Not of Me or others Their fear comes from people finding out the truth so I guess Truth is the true Source of their terror But we No longer live in an Era where they kill the messenger, a Good thing for those who point out the abuse The above mentioned Numbskull went as far as to say people are in violation of the Rico amendment RICO as defined by the department of Justice is applicable only to those conspiring to continue a criminal enterprise for profit by fraud threat or deception, hmmm, sounds Like The RICO amendment applies more to the Poverty Pimps Than those That out them!
I was Made aware of this Link By someone who does that, Out’s people, I encourage everyone to Read this as it was Thought out and explains a lot of why the people who are in fear of truth do what they do to silence others.
Thank you for the Link You know who you are.
In the Article written so poorly By David I would be remiss if I did not also Link to It, and Not say I do agree with the beginning of the article He should not use the internet!