New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

POL 361 Non Profits Week One

by: Alexandra Wolfe

POL 361 Non Profits Week One POL 361

Marketplace > Miami University > Political Science > POL 361 > POL 361 Non Profits Week One
Alexandra Wolfe
View Full Document for 0 Karma

View Full Document


Unlock These Notes for FREE

Enter your email below and we will instantly email you these Notes for ` Nonprofits: Politics & Policy

(Limited time offer)

Unlock Notes

Already have a StudySoup account? Login here

Unlock FREE Class Notes

Enter your email below to receive ` Nonprofits: Politics & Policy notes

Everyone needs better class notes. Enter your email and we will send you notes for this class for free.

Unlock FREE notes

About this Document

Discusses what a non profit is, their impact on society, and the pros and cons of joining a non profit. Also covers a few specific kinds of non profits.
` Nonprofits: Politics & Policy
Amber R. Overholser
Class Notes
political science, Nonprofit




Popular in ` Nonprofits: Politics & Policy

Popular in Political Science

This 2 page Class Notes was uploaded by Alexandra Wolfe on Saturday September 3, 2016. The Class Notes belongs to POL 361 at Miami University taught by Amber R. Overholser in Fall 2016. Since its upload, it has received 6 views. For similar materials see ` Nonprofits: Politics & Policy in Political Science at Miami University.


Reviews for POL 361 Non Profits Week One


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 09/03/16
POL 361:Non Profits | Week One Notes Overview of the Sector What does it mean to be a nonprofit? -Provide service/ support to a specific group or community. (ex. Women, GLBTQ+, Homeless, ect.) -May bring in money, but the surplus is funneled back into the organization. There is no distribution to the owners -May be a local or global organization -Personal Passion/ voluntary action for the public good -Mission driven ALWAYS CHECK THE MISSION STATEMENT Why be a nonprofit? -Exempt from federal income taxes and some state taxes -Donors can receive a tax deduction -Can be a “neutral” party/ not allowed to lobby -Non-distributing -Vital part of the economic, social, and political scene. -Approx. 1.41 mil nonprofits registered in 2013 -Contributed and estimated 905.9 billion to the US economy. This is 5.4% of the countries GDP. -Private donations totaled 358.38 billion in 2014 -Approx. 25.3% of US adults volunteered their time resulting in and estimated 8.7 billion hours. Revenue Sources -Fees for service (ex. Tuition/ hospital bills) -Government contracts -Private charitable giving. (Anytime you or I donate money to an org) -Investment income Types of Non-Profits -501c1: Federal Credit Unions -501c2: Holding Corps for exempt orgs -501(c)(7): Social Recreation Clubs -501c3: Non distribution orgs (There will be a focus on these, as they are the most common) -Charitable, religious, educational, scientific, ect. -Private independent foundation -Usually funded from a single source -Two different types -Operating: use their funds to complete their own work on behalf of their goals. -Non Operating: typically provide grant funding for other organizations -501c4: These orgs can lobby for legislative change, but cannot lobby for certain candidates, -In order to lobby it must be part of the organizations mission. -If it is not a part of the organizations mission they could face serious trouble -Some Organizations have 501c3 and 501c4 status. -(Ex. AARP and American Lands Council) How to create a Non Profit? (501c3) -Organize -Must have people, documentation, and services all lined up and figured out -Apply -Apply to the IRS -Pass organizational, political, and asset tests -File -Yearly with the IRS -990 or 990ez- These are just forms in which need to be filled out for the IRS -Monitor -Donations, internal activities, and external events *What you should take out of this is that it is super easy to become a nonprofit Why work in the sector? -Professional and personal growth opportunities -Constantly helping change your communities for the better -Long term effects on people -New experience, intangible benefits Why not work in the sector? -Constant fundraising -Clear success is often difficult to determine. (You may have fed a kid for five years but now hes 18 and you can’t help him anymore. Is that a success because you were able to feed him? Or was it a failure because you can no longer help and he is still struggling?) -This ambiguity causes high burnout rates. - Highly Competitive


Buy Material

Are you sure you want to buy this material for

0 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Bentley McCaw University of Florida

"I was shooting for a perfect 4.0 GPA this semester. Having StudySoup as a study aid was critical to helping me achieve my goal...and I nailed it!"

Anthony Lee UC Santa Barbara

"I bought an awesome study guide, which helped me get an A in my Math 34B class this quarter!"

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Parker Thompson 500 Startups

"It's a great way for students to improve their educational experience and it seemed like a product that everybody wants, so all the people participating are winning."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.