The Truth About Nonprofits

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Title	:	The Truth About Nonprofits
Lasting	:	9.06
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If it is a for profit how will the services be able to be provided for free?
Comment from : Mbooks

The 'founders' of non-profit make $$$ in form of bonuses & salaries for themselves
Comment from : Antonio B

The CEO of the ASPCA, Mathew Bershadker, earns more than $800,000 annually His base salary is $750,000, and he also receives bonuses and benefits1 His compensation is much higher than the average non-profit CEO The estimated total pay for a President and Chief Executive Officer at Goodwill is $231,354 per year According to the Red Cross, Gail McGovern, the current CEO and president of the American Red Cross, was paid a base salary of $550,000 in 2023 1 This is a significant decrease from her total compensation of $694,000 in 2018 I used to give to these organizations These are just a few more of the non profits not mentioned
Comment from : Keywest Puma

The whole idea is even if Ace O took 99 of the profits Of his company And use it to help remove homelessness or something like that Good is good Unfortunately its Problematic to expect people to be that Generous
Comment from : Brian McLain

I wish you would have gone into the actual risks/benefits of each choice and help us understand what each means a bit more Instead of talking abt friends and chiding the caller for having the question
Comment from : R B

“Nonprofit itsn’t in the Bible” “Thinking non-profit is more holy is inaccurate biblically” What about the scene in the Bible where Jesus gets mad because commerce is going on in the church so he starts flipping over tables and throwing the cash on the floor?
Comment from : Niko Tinbergen

I’m understanding everything you’re saying my question is How much in taxes am I going to be paying if I say raise $100,000 and take 35,000 for myself?
Comment from : Home of the Meek🙏

Ramsey, how many people have you scammed?
Comment from : ProfSolzhenitsyn

Holy? And “screwed” Like with a p-en-is? Nice Dave I’ve never listened to this guy, but I don’t like him already
Comment from : Alan Soltys

Non-profits executives' salary average 200,000 the ceo cfo coo etc make bank on the poor and tax payers a complete scam for the satanic worshippers
Comment from : BVDWB

Question? Can you take donations from people or companies as a for profit company?
Comment from : Applying Purpose

Creating a non profit ensures that your company will never be corrupted into a for profit, destroying everything you built it to represent brbrIt also sends a clear message that you are there to help people, not exploit them
Comment from : Logan S

Pointing out that it’s possible to have good companies under capitalism is irrelevant when you factor in the numerous bad ones brbrHuman nature is flawed, as such a system that encourages you to exploit others, such as capitalism, will be used extensively by the greedy and heartless brbrWhere as socialism keeps the money in the working class, literally giving power to the people directly, little to no chance for exploitation
Comment from : Logan S

If I wanted to teach drums to young kids Should I go non profit
Comment from : seth bogart

6:30 ooops, once again Dave goes off the rails to cry about Socialism 😂😂
Comment from : Plen122

Dave if you listen to your voice you will hear I really good attitude toward money, capitalism, nonprofits and Ministry Thank you for exhibiting this type of approach!
Comment from : Jonathan Kauffman

I’m stating my own non profit, but this just got me confused 😕 I did not understand anything …
Comment from : Luis d Barber

I wasn't sure anyone knew what criminals charities are
Comment from : djb570

All none profit organizations are money laundering
Comment from : MEXICAN BOXING KARTEL

i love these very capitalist "christians" acting like their greed and money lust isn't preventing them from getting into heaven
Comment from : gerp

Why would someone donate to a for profit company and not receive a tax donation
Comment from : Abel Zoni

It’s sad that when someone asks about a 501c3…the main focus is greed why can’t people actually be good instead of posing as it
Comment from : Azjah Green

Thank you, this of great food for thought
Comment from : Foundation Bible Studies

Love it!!! Thanks for your help with information I was looking for and I never heard of you or your show … god thing ❤
Comment from : becky schoenig

We are wanting to build tiny homes in our property for homeless and low income We were going to do a non profit house n order to get donations to build the tiny homes and charge nothing for non income people and 10 of those drawing a check If we go for profit why would companies or organizations donate?
Comment from : GraceAndMercy Leslie

Bringing up your belief that there are communist professors discrediting for-profits instantly made you lose credibility in my eyes I was agreeing up until that point
Comment from : Vee

I have a nonprofit and I like what I do
Comment from : Garth Thompson

this was in no way informative
Comment from : Active Is Fit Info page

Tax exemption for churches is both unbiblical and unconstitutional
Comment from : Paul Trosclair

What if it’s actual labor like repairing homes for low income
Comment from : J Urbano

EXELLENT BREAKDOWN ON VALUE AND ALMIGHTY GOD's PURPOSE FOR MINISTRY
Comment from : Lynda Valero

Lol Completely free and donated Does it have ads? The 'expert' isn't well-versed
Comment from : Travis Ryan

Thanks for sharing Kinda helpful & very 😴 💤 zzzzzz
Comment from : Create A Googleaccount

5:17 0oooy! Scratch my balls & I'll scratch yours
Comment from : Create A Googleaccount

3:40 : Answer, No the term is "Icky"
Comment from : Create A Googleaccount

Sorry, I just don't like Dave RanseybrHe doesn't know what he's talking about half the time , he's overrated😐
Comment from : Pete

I’ve found that most people behind nonprofits are toxic narcissist at least amongst black communities The red flags there! 🚩
Comment from : Fiddle Stix & More

I work in a long term care facility that is non profit It is extremely short staffed in all areas of actually taking care of the patient And they do not care brFamilies see & feel the short staff but don’t question because it’s a non profit brUnbelievable brIt’s seriously a shame the workload, and so obvious they do not care about the patient brSo many chiefs to complain about you, so very, very, few Indians to do the work brIt’s heartbreaking, back breaking, and risky professionally
Comment from : chilloften

how do you call it a non profit when they are making profit?
Comment from : brady sward

"we donate lots of money" okay lol let's see some numbers Non-profits are worth it if you can lawyer the rules well enough and have friends that support you
Comment from : Tyler

I would like to understand the definition of profit In short the definition of profit is what is left after production minus expenses It’s funny how tax exempt orgs are called non profit
Comment from : torquemate50

ramsey donates to himself beautiful
Comment from : X3N

I really enjoyed this Thankyou
Comment from : Grace

Can for-profit businesses apply for grants to supply items since there are no sales to produce income?
Comment from : Gypsy Path

"Why does profit scare you?"brbrCorrect answer:brbr"Because I'm a woman"brbrImpostor syndrome
Comment from : L Alexander

⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ ⸻

Why does this guy keep bringing up the bible? I don't care about your biblical teachings
Comment from : ⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻⸻ ⸻

I recommend not-for-profit or social enterprise (small biz) for her as a starter In larger retail stores e,g, Cotton On Foundation, the full-time staff don't get the donations that customers would buy some of items that the beneficiaries* make themselves, so they *make their own money to get education in rural villages in return, they get to be upskilled to make the crafts the store sells at site There's always a give and take in everything and having Christian values system doesn't exempt us from doing what we can with our skills while giving back to the community and those in need If you can price your skill, you can also price your value for what is needed in unfortunate times for certain people/demographics We need to have a business mindset "Tax-free" motives to start non-profit is no way at all to be generous Give skills, take your value, share what you can with the charities and communities God placed in your heart for If anything, this is what Daniel is meant to have a spirit of excellence in all we do Integrity is important 🧡 Shalom 🕊
Comment from : Desheny Christel Asher

Ty
Comment from : Alan R

if you are starting a non-profit for personal gain you should not be doing so in the first place
Comment from : john doe

They’re more trouble than they’re worth 🤯 👌
Comment from : Anna

There is no such thing as "non-profit"
Comment from : SadBoy Saints

“Better than I deserve” 😂😂
Comment from : Adrian velazquez

Non profits steal more than they raise If the wealthy would just pay their taxes, the middle class wouldn't have to shoulder the tax burden for everyone
Comment from : Bilbo Baggins

They are robbing everybody blind They are tax dodgers and thieves Do not give to any of them Ramsey probably has some charitable trusts set up in a fake account somewhere too The Pandora papers revealed all about how they steal money and avoid paying taxes Especially churches
Comment from : Bilbo Baggins

She hasn't applied for grants or anything she is not running a non profit she is volunteering
Comment from : Asahisagoiboi

Great show
Comment from : Jamirgilmore

Minor misquote Dave, non-profit is a state term not an IRS term All tax exempt (IRS classification) organizations must be non-profits (state registration) to get the tax exempt status, but not all non-profits are tax-exempt I'm guessing you paid a lawyer and/or accountant for setting yours up, so you get a pass on mixing that up
Comment from : Vulcan Tax Guru

One of the biggest reasons I want to start a non-profit is because I don't want to sell bs to customers, competing for their discretionary income, by kissing their behinds I'd rather serve the needy by getting financial help from the well-to-do I wouldn't do it to be more saintly than a for-profit
Comment from : Richard Greene

These days, “Non-Profit” is just a trendy virtue signal label for companies to profit on
Comment from : ИEON

Came here to learn about NGOs, not get preached to Useless information
Comment from : Bonnie Spiders

Really insightful video Thanks But can you explain your reasoning for having a not for profit if, apart from tax benefits, there's no difference Why do you have one and not just make it a charitable for-profit Thanks again Loved the vid
Comment from : T-Rex Ropes

This cartoon from the 90's features scientifically inclined mice
Comment from : Spark Twain

Thiers a reason why hospitals, university's are non profitit's to save and avoid taxes and allowed to qualify for grants and other things Non profit is a money strategy
Comment from : tony cordero

503c ?
Comment from : Delta

There is a difference between taking what is enough for you to go on by your day and needsbrbrand between taking what enough to make you live in luxurybrbrCharity money should go to directly charity work as much as possible while leaving barely enough for salaries and suchbrbrWhat we are seeing is that this money is spent in most organizations on a lot of unnecessary things and cars and over the top salariesbrbr instead of it being spent on the main purpose
Comment from : H

People feel more comfortable giving to a non-profit
Comment from : Lone Starrk

omg see what im doing waist of time here folks
Comment from : Mr Dev

This just gave me so much clarity in my business plans 🤦🏿‍♂️😁
Comment from : Jasonslim Wiggins

I’ve noticed label of tax code is preferred by the wealthy who avoid tax by using money laundering Thru foundation status
Comment from : Stacy Worth

Is student loan forgiveness as a public servant a good reason to start as a non-profit, rather than for profit?
Comment from : Sul Tasto

Non profits are tax free
Comment from : Beer

It's a great discussionbuy Dave is Not very helpful 🙄 😕 like always My friend works for a Christian non profit and she helps so much! Not just giving food but resources to people who otherwise are forgotten Alsothey need to claim a non profit status to receive grands and donations When I donate I get a tax breakas well
Comment from : Erika RNcorazon

Love It
Comment from : Veada Bassadeaux

Are churches non-profit?
Comment from : Top Oyster

Amen
Comment from : DJJAYLEWTV

Camala Harris used nonprofit churches to campaign for her choice of governor of Virginia By law Nonprofits are supposed to be non political No one enforces the nonprofit laws It’s the Wild West for nonprofits so don’t worry about a thing
Comment from : Nick Christensen

There is a difference in a non-profit and tax exempt I am seeking tax exemption Not all non-profits elect to be exempt from taxes
Comment from : For Liana

This is so helpful, thank you!
Comment from : Rejoice & Do Good | Christian Coffee & Goods

So with that being said, which structure should be best for opening a ministry
Comment from : EmpowerHerDreams🦋

Can a single member have a nonprofit?
Comment from : EmpowerHerDreams🦋

If you're the founder, you can't be paid I believe
Comment from : Michael Porter

Wow This is very helpful!
Comment from : Katherine

Do the naval support nonprofit like supply and intelligent about supply and farming and fertilizer information Nonprofit mean using salary as profit
Comment from : Eric Pham

How do you get OUT of (dissolve) a nonprofit 501c3! brbrTrying to get out of one is like impossible without loosing the building that is paid in full
Comment from : LovestoLaughahaha

People are moving their business of service to tax exempt govt nonprofit providers because the businesses is much more financially lucrative
Comment from : J

Tax exempt nonprofits govt service providers have put many small business providers out of business! Many nonprofits have become a big million $$ money maker and a $ funneling service Nonprofit service providers make millions on donations, taxpayer grant funding, and fees for servicing the clients charged to the govt partnered agency And Are the fees paid to the nonprofit by the govt agency also funded from the same earmarked grant funds in which the nonprofit has already received this grant funding? A money making business that has slipped thru the system Nonprofit does not mean nonprofitable They have become lucrative businesses
Comment from : J

Great explanation! Having profit in the organization doesn't make it all greedy capitalist exploitation It is all about distributing the profits fairly and with the mission in mind You don't have to be a non-profit to be a mission-driven organizationbr"Not for profit is an IRS distinction not a mission declaration"
Comment from : McRyach

Your a bigot Dave Ramsey! Everyday! -2021br🌱🌱🌱⚓
Comment from : Fried Mac

Thank you so much!
Comment from : Patti Elaine

Nonprofit classification is most helpful for donations if you are soliciting donations that people or organizations want to write off (which is do) and you have a ministry Nonprofit is a great way to go
Comment from : JumpStart My Nonprofit

5:59
Comment from : Jairus Lovell

Dave Ramsey I promise you besides God and my husband you are one of the other "smartest men" on this Earth thank you for all your wisdom and your insight I'm truly blessed by it🤗💯♥️
Comment from : Ty H P

But doesn't it have to be non profit to raise funds and get donations? I have been thinking of starting a prolife non profit so this is very interesting 🤔
Comment from : TheUnpolitical Mom