As I mentioned before, mostbet online gambling casinos are virtual versions of traditional brick-and-mortar casinos and can provide a wide range of games such as slots, blackjack, roulette, baccarat, craps, and others.
One of the main benefits of playing at an online gambling national casino casino is that there is a greater variety of games and betting limits compared to a physical casino. They also often offer bonuses and other promotions, that can help players increase their winnings, and tend to have a higher payout percentage than land-based casinos.
When it comes to online gambling hellspins casino casinos, players have the choice of playing on their desktop computer or mobile device, which allows them to play from anywhere at any time. This can be a great convenience for players who do not live near a physical casino, or for those who prefer the flexibility of playing from home.
However, one important thing to remember when it comes to online betano gambling casinos is to do your research. Not all online gambling casinos are legitimate, it is very important that you only play at reputable and properly licensed and regulated online gambling casinos, to ensure that the games are fair and that the site is operating legally and ethically.
Also, remember that betano gambling can be addictive, and it is important to practice responsible gambling. Be aware of your limits and when to stop playing.
If you're interested in playing at an online pinup casino, the first step is to find a reputable and properly licensed and regulated one. You can do this by checking for licenses and certifications from regulatory bodies like the Malta Gaming Authority or the UK Gambling Commission, and by reading reviews from other players.
Once you've found an online pinup casino that you feel comfortable with, you'll need to create an account. This typically involves providing some personal information and choosing a username and password. You'll also need to choose a payment method to make deposits and withdrawals. Common options include credit cards, e-wallets like PayPal or Skrill, and bank transfers.
Once your account is set up and funded, you'll be able to access the betano casino's selection of games. These can include a wide range of options, from classic slot machines and table games like blackjack and roulette, to live dealer games and specialty games like bingo and keno.
It's important to keep in mind that the rules and regulations for online sol casino casinos can vary depending on the location of the player and the casino. Before you start playing, be sure to familiarize yourself with the casino's terms and conditions and any relevant laws in your country or state.
As I mentioned before, gambling can be addictive and it's important to be aware of the potential risks and practice responsible gambling in 20bet. Setting deposit and loss limits, taking breaks, and knowing when to quit are all important things to consider when playing online casino games.
To play at an online pixbet casino, you will first need to find a reputable online casino that you would like to play at. You can research different online casinos by reading reviews, checking for proper licensing and regulation, and looking at the types of games and bonuses they offer.
Once you've found an online betano casino that you would like to play at, you will need to create an account by providing some personal information, such as your name and email address. The online casino will then send you a confirmation email, which you will need to click on in order to verify your account.
After you've verified your account, you will then need to make a deposit in order to play the games for real money. Most online ice casino casinos accept a variety of payment methods, such as credit cards, e-wallets, and bank transfers. Once you've made a deposit, you can start playing the games for real money.
When playing at an online ice casino casino, you will have a wide variety of games to choose from. These may include slots, blackjack, roulette, baccarat, craps, and more. Some online casinos also offer live dealer games, which allow you to play with a real dealer over a video feed.
It's important to keep in mind that different games have different rules, so be sure to read the rules and instructions for the game you want to play in tortuga casino. Also, it is important to set limits for yourself before starting to play in terms of time and money and also, be aware that gambling can be addictive, so it's important to be aware of the potential risks and to practice responsible gambling.
To understand bittorrent, it's essential to first comprehend the basics of downloading and uploading data on the web. If you've ever used the internet for streaming television series, HD movies or videos at a minimal bandwidth speed then you know how much information is available online - audio files, video clips, pictures and various other document types.
Since non-profits are established with a specific promise to return the profits into the organization and to not pass them along to any officer, director or employee of the organization, some financial transactions are bound to raise a red flag or be a cause for a non-profit to lose access to federal grants, community donations, and tax exemption. These transactions fall into two categories.
Private Benefit/ Inurement
While directors and staff employed by a non-profit have a right to a reasonable salary, anything beyond what is considered reasonable, even if it’s not a monetary compensation, is considered to be an inappropriate and illegal appropriation of non-profit funds. This category includes the crime of embezzlement.
Unrelated Business Income
A non-profit could stand to lose its 501(c)(3) tax-exempt status if it has too much income generated from activities or trade that are regularly carried on and are unrelated to the exempt function of the organization.
If your business plan includes regularly carried on trade or business from which you would like to retain a profit, you can consider structuring your business as a social enterprise rather than a non-profit. California recently introduced two “hybrid” corporate forms for social enterprises: flexible purpose corporations and benefit corporations. The Startup Garage has helped several social enterprises begin their businesses – please look through The Startup Garage’s web site for more information on beginning a social enterprise.
Lobbying is the act of working to influence legislative or administrative decisions. Any activity by a charity relating to proposed or pending legislation or molding public opinion on legislative matters could qualify as lobbying. Lobbying can be done either professionally or on a certain issue by passionate members of the community. There are many organizations that are formed for the purpose of lobbying on behalf of a community or a cause. While this sort of advocacy is often motivated by the same desires to see change that motivate non-profits, the two activities have very little legal overlap. This is because the actions of a non-profit are meant to benefit the public, not just a segment of the public with a particular political view. A non-profit that has qualified for a 501(c)(3) exemption is prohibited from all lobbying efforts except for those that are “insubstantial”. And to be permitted to do so, the 501(c)(3) organization must submit a 501(h) election, available as Form 5768.
However, a 501(c)(3) organization is expressly prohibited from participating or intervening in any political campaign on behalf of, or in opposition to, candidates for public office. If a non-profit wishes to engage in a moderate to extensive amount of lobbying, they can still qualify for tax exemption as a 501(c)(4) action organization. The downside to being a 501(c)(4) is that donations to a 501(c)(4) organization are not tax deductible to the donor. For more information about applying for and your lobbying rights as a 501(c)(4) organization, please see the IRS’s web page about Social Welfare Organizations.
*The information contained in this post is provided for informational purposes only, and should not be construed as legal advice on any subject matter. You should not act or refrain from acting on the basis of any content included in this site without seeking legal or other professional advice. The contents of this post contain general information and may not reflect current legal developments or address your situation. We disclaim all liability for actions you take or fail to take based on any content on this site.
As mentioned in our earlier blog post on State Filing, most states require that you register with the Attorney General for the right to solicit funds within the state, and most states additionally require you to report on your fundraising revenues and expenditures. Fundraising for a non-profit can take many forms, and below we discuss some of the legal issues that come up in the context of non-profit fundraising.
Wills
A possible avenue to secure funds to be available in the future is to get donors to put your non-profit in their will. The donor can use a legal device called a codicil to amend their will to include your non-profit. You can offer to draft the codicil for the interested donor so their only step is to complete the codicil.
Planned Giving
A planned gift is a major contribution that can range in form between a bequest to a trust, and involves financial advisors, tax attorneys and others who assist in the process of putting the planned gift together. The gift can include money, stock, insurance, property or other assets, and can either be paid to the organization at the donor’s death or during their lifetime, depending on how the donor wants to structure the deductions. Setting up a planned giving program is best done under the advice of an attorney.
Telemarketing
Placing a telemarketing call from an automatic dialer to a cell phone is prohibited by the FCC, but calls from political organizations, charities or telephone surveyors that aren’t made to sell goods or services. If you do sell products to raise funds, you may call someone who has made a purchase within the last 18 months, as an “existing business relationship” lasts for 18 months.
Disclosures to Donors
For 501(c)(3) tax-exempt organizations, contributors who gave a “quid pro quo” donation (received something in return) of more than $75 must receive certain disclosure information, and donors contributing more than $250 must receive additional disclosure information. Further information can be found on the IRS’s web site on Substantiating Charitable Contributions.
*The information contained in this post is provided for informational purposes only, and should not be construed as legal advice on any subject matter. You should not act or refrain from acting on the basis of any content included in this site without seeking legal or other professional advice. The contents of this post contain general information and may not reflect current legal developments or address your situation. We disclaim all liability for actions you take or fail to take based on any content on this site.
There are two categories of common legal problems this post will discuss: the problems that arise by virtue of being a business (contract, employment and personal injury issues) and the problems that are common to non-profits (fundraising, lobbying, profit-seeking). Here we will explain the former as they are more simple, and will reserve individual blog posts for the latter.
Contract disputes
Most of your everyday transactions will be based on a contract, either written or oral. Make sure you are meticulous with the details of a written contract before you sign it, and try to avoid oral agreements. A paper trail of your past agreements with their terms enumerated will be invaluable in protecting your non-profit if an issue arises.
Employment claims
Employment lawsuits are one of the biggest category of lawsuits against non-profits. It is important that you are well versed in the relevant employment laws that apply to non-profits. You can begin your research at the Department of Labor’s web site. Some of the categories of employment claims include:
Wrongful termination: At-will employees may not be fired for an illegal reason, and contract employees must be fired with “good cause”.
Sexual harassment: Employers can be responsible for failing to prevent or responding inadequately to an employee’s claim of sexual harassment.
Discrimination: When it comes to hiring, firing, pay, shift assignments, promotions or access to training, you are prohibited from using race, color, gender, national origin, religion, disability, citizenship status or age as a criterion. In California, the additional criteria of ancestry, mental disability, medical condition, marital status, or sexual orientation are also protected.
Retaliation: If an employee has filed an action against your non-profit or has assisted someone else in doing so, you are prohibited from punishing them by denying them something they were otherwise qualified for.
Wage and hour claims: The laws that govern the worker/employer relationship are complex and may necessitate consultation with an attorney.
Defamation: The main context for a defamation claim is over an ex-employee’s reference. Avoid issues by requiring a prospective employer to place a request for a reference in writing.
Personal injury suits
Personal injury claims can include physical injuries, property damage, emotional distress or damage to a person’s reputation. There are many risk management strategies that can be utilized to minimize the risk of personal injury, including purchasing a general liability policy.
*The information contained in this post is provided for informational purposes only, and should not be construed as legal advice on any subject matter. You should not act or refrain from acting on the basis of any content included in this site without seeking legal or other professional advice. The contents of this post contain general information and may not reflect current legal developments or address your situation. We disclaim all liability for actions you take or fail to take based on any content on this site.
Happy Friday entrepreneurs! Please watch this video as Tyler Jensen explains one of the biggest lessons you can learn when starting your business. Enjoy!
If the time comes that your non-profit has accomplished its mission or you need to dissolve the non-profit for other reasons, consult your state’s Attorney General web page for detailed instructions on the steps to follow. If your non-profit is incorporated in California, follow the steps outlined below.
Decision to Dissolve
Can be done by a vote of the board of directors or by a majority of the corporation.
Prepare a Certificate of Election to Wind Up and Dissolve and a Certificate of Dissolution.
File a final state tax return
Inform the state tax board of your status as dissolved.
Obtain Dissolution Waiver from the Attorney General for asset disposition
As the assets of a non-profit are held in public trust, there are specific rules that guide the distribution of the dissolved non-profit’s assets in accordance to the stated purpose.
Submit a Final Notice of Submission to the Secretary of State’s office and the Attorney General’s office
Find the California government’s detailed information page here for the Attorney General’s page or here for Secretary of State’s page.
*The information contained in this post is provided for informational purposes only, and should not be construed as legal advice on any subject matter. You should not act or refrain from acting on the basis of any content included in this site without seeking legal or other professional advice. The contents of this post contain general information and may not reflect current legal developments or address your situation. We disclaim all liability for actions you take or fail to take based on any content on this site.
IRS Form 990, Return of Organizations Exempt from Income Tax, is the most detailed and misunderstood filing for non-profits. It is a complete documentation of an organization’s financial history and is often used to hold the organization accountable for its past actions and future decisions. Recent rulings by the IRS state that nonprofit organizations must make their Form 990 and applications for tax-exempt status widely accessible and available to anyone upon request.
File Periodic Registrations with your state of incorporation
In California, a biennial Statement of Information can be submitted on Form SI-100.
For all other states, search for your state’s Statement of Information form online. The form can also be called the Biennial Statement or the Annual Report.
In California, charitable corporations with gross revenues of over $2 million must prepare annual financial statements and have them audited by an independent certified public accountant (CPA).
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Our Work
Fit4Mom
The Startup Garage dialed in the Fit4Mom accounting team. We set up their inventory management, analyzed their revenue streams and made recommendations to increase their profitability and revenue. We were first hired to build their business plan and financial model, and have continued with them through our CFO services.
TSG created revenue models, supported in their commission structure, developed use of funds, and cap table management. Our team began by developing all of their investor documents and supported them through three rounds of capital raising. We are currently working with them on their fourth round of capital raising.
The Startup Garage was able to narrow down revenue streams for iDONATEpro. We re-organized how they spent their resources so they could focus on becoming profitable as quickly as possible.
We redefined the business concept for a wider, more lucrative target market. We revamped the business model, developed a new brand for the company, and honed the sales and marketing strategy.
The Startup Garage helped Kids Choose Charity get clear on their target market and what their product actually was. We also connected them with community resources. KCC is just one non-profit organisations out of a dozen that TSG has worked with over the years.
The Startup Garage team was able to help MintShow get organized around their vision and educate them on the capital raising process. We also constructed their investor deck. Within the past two years we’ve continued to work with them on a number of their subsidiary companies.
We believe entrepreneurs are changing the world. Our team is dedicated to supporting you with the resources for success.
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Sheila Levison
Controller
Sheila has an extensive background as an accountant, auditor, CPA and controller for a broad range of companies. With over 20 years of experience in the field, she provides expert level accounting services specifically tailored to the individual client’s needs. Sheila helps businesses streamline and run more efficiently by being the gatekeeper for all business activities. She has negotiated with the IRS, handled EDD audits, hired and worked with attorneys and handled public and private audits from beginning to end. Sheila has provided accounting services for a variety of companies ranging from KPMG, independent auditing, Frontier Airlines, marketing/manufacturing, real estate and various fitness companies.
Sheila is a CPA and has a Bachelor of Science degree from UCLA with a focus in the areas of mathematics and applied science (emphasis in operations research). Her specializations also include computer science and business administration.
Michael Russell
Fractional CFO
Michael A. Russell, “Mike,” has over twenty-five years of experience as a CFO – principally with rapidly growing, technology-based, manufacturing and software companies. He has been associated with both private and public companies, gaining experience in nearly every role in a financial department. These responsibilities have included functions in accounting, credit, and collections, treasury, financial planning and budgeting, information systems and human resources over the course of his career.
Mike’s record of equity financing speaks for itself, having participated in rasing over $70 million. As a consultant and advisor to emerging companies, he has significant experience in the development of financial strategy and direction, monitoring and explaining performance versus the agreed-to plan. As a CFO for companies in the startup phase, Mike is able to span the requirements of a financial management position from day-to-day detail to assessing the overall view of the strategic direction of the organization. he has developed and maintained relationships with bankers, investors and shareholders.
Mike attended UCLA, where he received a BSEE and MBA in Finance.
Tyler
Jensen
Founder & CEO
Tyler is a serial entrepreneur, startup coach, early stage PT CFO and trusted advisor to numerous founders. He is passionate about helping entrepreneurs start companies that matter. Tyler has helped launch over 200 companies, non-profits and social enterprises.
The first company he started and sold is VAVi Sport & Social Club which grew to over 25,000 members in six years, and was recognized as San Diego’s 30th & 32nd fastest growing private company in 2006-2007 by the San Diego Business Journal and sold for over 25 times the capital investment.
Prior to launching VAVi, Tyler served as the Deputy Campaign Manager for Tim Kane for Congress, where he crafted and managed all aspects of launching and managing a United States Congressional Campaign. He was responsible for the fundraising plan creation & execution, staff volunteer recruitment & management, as well as marketing plan design & implementation. The design and production of campaign promotional materials and other creative marketing initiatives led to substantially increased name recognition and voter support.
Tyler has served as a trusted advisor on numerous Non-Profit and Corporate Board of Directors. He was born in Virginia and spends his free time stand up paddle boarding and building furniture.
Mario
Domogma
DOMAGMA
Mario is a Business Analyst for The Startup Garage. In addition to his educational background, Mario is also passionate in sustainable energy and renewable transportation, noted by his experience working with Tesla Motors. He brings an entrepreneurial bend to his work and a unique perspective to his clients that is tailored to their market.
Degree/Certifications: MSc in Global Finance (Fordham University, New York, NY). MSc in Finance (Antwerp Management School, Antwerp, Belgium). BBA in Finance (University of San Diego, San Diego, CA).
Hobbies: rock climbing, running, and reading.
Favorite quote: “The best way to predict the future is to create it.” – Abraham Lincoln
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We believe entrepreneurs are changing the world. Our team is dedicated to supporting you with the resources for success.
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Our Work
Augen Optics
The TSG team put together an investor deck and prepared Augen Optics to pitch to a strategic partner. We coached them in generating their pitch. Augen Optics is a spin-off company of the original Augen. We helped them explore whether the opportunity was the right direction for their overall growth.
We believe entrepreneurs are changing the world. Our team is dedicated to supporting you with the resources for success.
Danielle Greenhouse
Community Development Manager
Danielle Greenhouse is the Operations Manager at The Startup Garage. Prior to joining the TSG team, Danielle worked in the financial services industry with a focus on Operations, Community/Business Development and Meeting & Event Planning. Earlier in her career Danielle worked as a trader and Relationship Manager at Fidelity Investments and she also gained administrative and operational experience working in the Hedge Fund industry. Additional experience includes a background in Early Childhood Development.
Danielle now lives in the San Diego, CA area with her husband of 14 years and her two daughters. She is a graduate of the University of Connecticut and enjoys spending time outdoors with her family and 13-year-old Boston Terrier Roxy. Other hobbies include recently learning to ski, attending regular fitness classes and baking.
Danielle also serves as a Parent Volunteer for the North County Consortium for Special Education (NCCSE). NCCSE is a Special Education Local Planning Area (SELPA) whose goal is to ensure that every eligible child receives appropriate special education services within their school district.
Degree/Certifications: B.A., Arts & Science from The University of Connecticut (concentration: English, Women’s Studies). Additional studies: Mira Costa College (concentration: Early Childhood Education).
Mark Meyerdirk
Managing Partner
Early in his career Mark built his own business with over 120 employees; he has also operated a franchise company with 300 offices and 3,000 sales agents. Mark works with venture funds, private equity funds and commercial real estate developers. He serves on numerous boards of directors, has started up dozens of new companies, has worked with investment banks as a FINRA registered representative and has traveled to and worked with companies all over world on complex business projects.
Mark operates his consulting company, Meyerdirk Consulting Group, Inc., which specializes in capital formation strategies for emerging companies, franchising and is the co-founder of the Alternative Investment Forum designed to connect high net worth investors, family offices and private equity firms with early stage companies.
Mark lives in the Kansas City area with his wife of 41 years and has 4 children and 5 grandchildren. He is a graduate of the University of Colorado – Boulder and Washburn University School of Law.
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Lauren
Diaz
PRESIDENT
Lauren M. Diaz, CPA, is the President at The Startup Garage, joining the team in 2016.
Lauren worked as a Director of Finance for CSX, a Fortune 250 Transportation Company, based in Jacksonville, FL. During her six-year career at CSX, Lauren held multiple Finance and Marketing roles, gaining valuable experience in financial modeling, pricing analytics, market valuation and capital strategy. Prior to CSX, Lauren spent two years at a Public Accounting firm in Miami, FL.
Degree/Certifications: CPA (licensed in FL); MBA (University of Florida); M.S. of Accounting (University of Miami); B.B.A of Accounting (University of Miami)
Hobbies: Cycling, Triathlon, Coaching, Traveling, Music
Favorite quote: “To be inspired is great. To inspire is incredible.” -Stacey T. Hunt
Lauren is a passionate cyclist and triathlete and is the CFO and Director of Sponsor Strategy for DelaFina Racing, a not-for-profit women’s cycling team and club. DelaFina Racing seeks to empower women and build confidence through the sport of cycling.
Lacie Ward
Community Operations Manager
Lacie Ward is the Community Operations Manager at The Startup Garage. Prior to joining the TSG team, Lacie worked in the Brand Development industry with a focus on Public Relations, Community/Business Development and Social Media Management. Lacie attended California State University San Marcos where she studied Communications with an emphasis in Mass Media and was involved with the Peer Mentorship Program, Greek Life and was an Orientation Team leader.
Lacie was born and raised in San Diego, CA and doesn’t plan on leaving anytime soon. She enjoys spending time outdoors and is an animal rights activist. Other hobbies include cooking, gardening and spending time at the beach.
Lacie also serves as a volunteer for Kitchens For Good. Kitchens for Good aims to break the cycles of food waste, poverty and hunger through innovative programs in workforce training, healthy food production, and social enterprise.
Victoria Lakers
Fractional CFO
Victoria possesses over fifteen years of experience in finance, capital raising, marketing and sales, and operations development, including experience at a top 10 global private equity firm and in founding and selling her own company. She has participated in raising over $2.5 billion for various alternative investments.
Learn More About High-Performance Startup Financial Services.
Call (858) 876-4597, or fill out the form.
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