Uber says it's profitable in the US - here's how much it makes per ride

NATHAN MCALONE | April 14, 2016

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Uber has been pushing to reach profitability in the US and Canada by the second quarter of 2016, and the company now says it's made that goal, according to a new report by Bloomberg's Eric Newcomer.

Spotlight

Neighborhood Centers Inc.

Neighborhood Centers Inc. has a rich history in building communities that work since its early days when it was part of the Settlement House movement in the early 1900′s. When Alice Graham Baker founded the agency in 1907, the main intention behind it all was to help every resident of Houston have an opportunity for an education, for health, for work, and to become an informed participant in democracy.

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Everything You Need To Know About 501(c) Categories Before Starting A Nonprofit

Article | February 18, 2020

Are you thinking about starting a nonprofit? There’s so much to think about and consider! If you're located in the United States, one of the most important early decisions you’ll have to make is what type of the Internal Revenue Service's (IRS) 501(c) categorization will best suit your nonprofit. There are actually 27 different types of nonprofit organizations that cover everything from cemetery companies to benefit trusts and everything in between! Most charitable organizations fit into one of three 501(c) categories. Each type has its own rules for tax-deductible contributions, lobbying, eligibility, and other things.

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Communicating Carefully with Donors During the Coronavirus

Article | February 18, 2020

The COVID-19 pandemic transformed life as usual, practically overnight. If you’re a development professional or nonprofit fundraiser, you’re probably inundated with content urging you to contact your donors ASAP. Since none of us has communicated with donors during a global pandemic, what are the new "best practices" that we should be following? Our community doesn’t have all the answers yet, but we do have early information that will help you create a plan to communicate with your donors and supporters in the coming weeks and months. We’ve also identified the categories of donors you should prioritize contacting. The more proactive you are, the better off your nonprofit will be in the long run.

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The Wayfair Ruling: What this Sales Tax Case Means for Nonprofits

Article | February 18, 2020

A landmark ruling by the U.S. Supreme Court in 2018 dramatically expanded the ability of states to impose sales tax collection obligations on out-of-state organizations that sell goods and services within their boundaries. Since then, state legislatures and municipalities have scrambled to pass laws targeting organizations that lack a physical presence in their jurisdictions. Some of these laws could ensnare nonprofits that make taxable sales to those states — even if similar sales aren’t taxable in their home states. Ticket sales, online auctions, cloud-based transactions (for example, webinars, telemedicine and app sales) all might fall within another state’s definition of taxable sales, as well as more obvious sales such as those of CDs and hard-copy publications.

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FUNDRAISING

The Money Redirect That’s Coming for Donor Wallets

Article | February 18, 2020

I speak to countless people in the nonprofit sector during the year, including many wealthy major gift donors. Throughout my time working with nonprofits, I often get asked and tell others what I see on the horizon. Recently, I wrote about a nonprofit crash that’s on the way. What's next? I see a big governmental money redirect. It’s no secret that zombie philanthropy took root in the sector. According to the National Philanthropic Trust’s "2020 Donor-Advised Fund Report," these funds, also known as DAFs, have approximately $140 billion under management by money managers at institutions such as Fidelity Charitable Trust, Schwab Charitable and Vanguard Charitable. Because these organizations are set up as 501(c)(3) organizations, donors receive immediate tax deductions.

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Spotlight

Neighborhood Centers Inc.

Neighborhood Centers Inc. has a rich history in building communities that work since its early days when it was part of the Settlement House movement in the early 1900′s. When Alice Graham Baker founded the agency in 1907, the main intention behind it all was to help every resident of Houston have an opportunity for an education, for health, for work, and to become an informed participant in democracy.

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