In deciding whether to recognize the tax-exempt status of a new nonprofit, should the Internal Revenue Service

Question:

In deciding whether to recognize the tax-exempt status of a new nonprofit, should the Internal Revenue Service consider whether or not it will duplicate the services of other, existing organizations in its community? Why or why not?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Nonprofit Management Principles and Practice

ISBN: 978-1483375991

4th edition

Authors: Michael J. Worth

See More Books

Question Posted: Mar 09, 2018 02:29 AM

See More Questions

In deciding whether to replace an existing machine with a newer, more cost effective machine, the original cost of the existing machine should be compared to the cost of the new machine. Do you...
You are auditing the financial statements for your new client, Paper Pack-aging Corporation, a manufacturer of paper containers, for the year ended March 31, 2014. Paper Packagings previous auditors...
In deciding whether to manufacture a part or to buy it from an outside supplier, name a cost that would not be relevant to that short-run decision.
Sandra, a sole proprietor, is an interior designer and has thefollowing account balances on December 31, 20X0: Cash $2,500,Inventory $9,000, Equipment $25,000, Accumulated depreciation$5,000, Liabi 2...
A heat transfer requires a temperature difference, see chapter 4, to push the Q. What implications do that have for a real heat engine? A refrigerator?
Create an instance of the class Square and reference it with the name MySquare. Class Square Declare Protected Side, Area As Float Public Square() Set Side 1.0 %3! Set Area = 1.0 End Constructor...
A factory producing an article A also produces a by-product B, which is further processed into finished product. The joint cost of manufacture is given as follows: Material 50,000 Labour 30,000...
Shafer Office Supplies has four distribution centers located in Atlanta, Cincinnati, Chicago, and Salt Lake City, and ships to 12 retail stores located in Portland, San Jose, Las Vegas, Tucson,...
B. 23, Corporate governance can be defined as: a. The shareholders, through the annual shareholders meeting, who vote their shares. 7 b. The way a corporation is governed through proper...
Zippy Cola is studying the effect of its last advertising campaign. People chosen at random were called and asked how many cans of zippy cola they hand bought and advertisements they had either read...
Read The Impact of Capacity-Building Programs on Nonprofits: A Random Assignment Evaluation. What were the results of the Impact Evaluation performed by the authors to assess capacity?
If you were a nonprofit CEO and were approached by another nonprofit CEO about the possibility of collaborating, what are some of the first questions you might have?
The present value of the following cash flow stream is $6,200 when discounted at 9 percent annually. What is the value of the missing cash flow? Year.........................................Cash Flow...
How do emergent properties within teams, such as synergy and collective intelligence, manifest and influence team performance, and what factors contribute to their development and sustenance?
Think about your workplace, organization, or industry; if you are not currently working, think about previous employment or a job that you are aiming for. The broader your perspective, the more...
Choose any global organization that successfully undertook a strategic transformation to adapt to changing market dynamics and sustain its competitive advantage. Examine the company's challenges,...
In examining C&C Sports through the lens of a SWOT analysis, several key factors come to light. The strengths of the company are evident in its established brand reputation and a loyal customer base...
A perfectly insulated container initially contains 0.2 kg of ice at -15 C. Now we add water at 30 C, but only the minimum amount needed to barely melt all the ice. Find the net entropy change of the...
Each column in the matrix describes a point on the letter. The order of the columns shows the direction in which a pencil must move to draw the letter. The L is completed by connecting the last point...
What do you think?
Explain what market segmentation is.
List the types of potential segmenting dimensions, and explain which you would try to apply first, second, and third in a particular situation. If the nature of the situation would affect your...
Explain why segmentation efforts based on attempts to divide the mass market using a few demographic dimensions may be very disappointing.
Famas Llamas has a weighted average cost of capital of 8.8 percent. The companys cost of equity is 12 percent, and its pretax cost of debt is 6.8 percent. The tax rate is 22 percent. What is the...
The common stock of a company paid 1.32 in dividens last year. Dividens are expected to gros at an 8 percent annual rate for an indefinite number of years. A) If the company's current market price is...
(1 point) Bill makes annual deposits of $1900 to an an IRA earning 5% compounded annually for 14 years. At the end of the 14 years Bil retires. a) What was the value of his IRA at the end of 14...

In deciding whether to recognize the tax-exempt status of a new nonprofit, should the Internal Revenue Service

Question:

Step by Step Answer:

In my opinion the IRS should not consider if their approval of an applica...View the full answer

Nonprofit Management Principles and Practice

Students also viewed these Business questions