Starting a Nonprofit: How to Pay Yourself

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If you are starting a nonprofit organization, you may be wondering how to pay yourself. You may be confused about how a nonprofit founder can transition into a paid position. In this video, I am sharing four things to do/consider when transitioning to become a staff. Starting a nonprofit is hard enough to do, and you need the funding to pay yourself and staff to make sure the organization will be around for years to come.

Watch the end of the video at 15:55 where I share a few ideas about revenue strategies to cover your salary/to pay yourself.

DISCLAIMER: The information contained on this page and video (the "Service") is for general information purposes only. Tallen Enterprises, LLC DBA Boss on a Budget® assumes no responsibility for errors or omissions in the contents on the Service.
In no event shall this company be liable for any special, direct, indirect, consequential, or incidental damages or any damages whatsoever, whether in an action of contract, negligence or other tort, arising out of or in connection with the use of the Service or the contents of the Service.

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Thank you queen. I'm starting a non profit with every intention to make change at a global scale.

garyholness
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This is phenomenal information, simply broke down. Thank you for your time and energy with this!!!

BCAICulturalArtsHumanities
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Thank you! very valuable information and straight to the point❤️

charminggoddess
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Thank you so much for this valuable info

professorb
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Thank you for this video. Gonna start me a non profit and needed more insight on all aspects and thanks again

dewaynebrooks
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Hello! Thank you for sharing your expertise and experience in this video! So appreciated. ❤❤❤

annettehennekens
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Incredibly helpful.. Thank you so much for all the information. I took notes.

jasminebooth
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So much information I think I’m in wayyyy over my head with my nonprofit

RemyyyyDuhhh
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Really great info thank you very much.

F.X.Techniq
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I'm on my way thanks to you. You have provided me with valuable and thought provoking information.

valerievaultz
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I watched a few of your videos today and I am now a subscriber!!!

You are a blessing!

May you continue to be blessed and successful for giving away such great information for FREE! 🙏🏾🙏🏾

WithFlyingColors
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It's amazing how many people beat-around-the-bush when it comes to this topic. Thank you so much!

ilovemycultureusa
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Ms.Tiffany is so kind. I really enjoyed the work book. I felt so much more confident after talking to her.

mackaroni
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You videos are so great. I just started following you 2 days ago and listening to your videos. I have a question. Do you have to have a certain amount of people on the board?

tihpromotions
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This was great! Thank you! Question.. how much do you put to the side for reserves or savings? For each sale or donation.

ashleynicolemiller
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Does the process also go for nonprofits that are just now being built? When I declare that im on the board will I have to either not be on the board of my own business to make money? I'm not sure how that works because from your example it seems as if you're talking about a non-profit that has already been in business for a while.

kayloveism
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I have wanted to start a non profit for years. I have 2 questions:
1. Why do cpas and others told me that having a for profit business. (I currently have some for profit businesses, looks sketchy to the IRS if you then start a non profit organization? They worry about mis use of money between a for profit and non profit and said it may make me a target for audits. I can't find any information about this.

2. I had a meeting with my new CPA for my business taxes. I asked him about starting a non profit. He told me that I will have a very hard time finding a CPA who will file a non profit and if I do find one they will charge me thousands even if it's a 0.00 tax return. This was discouraging.

HealthandBeautyAP
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Hi 👋 new sub here a question board of directors (are these the ones on the board ?) or the officers? Like u have to have directors and officers?

darkbionic
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Can the whole board transfer over to be employees to get paid if it's a small board? Or is that not allowed

mok
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Wait so if I start this organization imma still have ppl above me? Can I be my own board?

capricemcclinton