jenesaislaw wrote:Yeah, it helps a ton that I'm a programmer. Without it, it'd be a lot slower I think.
First of all, let me just say LST Score Reports is the best thing since slice bread.
Secondly, if the school funded jobs aren't counted among in the employment score with an asterix, do you generally place it in the under-employment category?
Thanks for creating something cool, much respect.
Thanks, we appreciate it.
There are four kinds of school-funded jobs. (1) Long term, full time; (2) long term, part time; (3) short term, full time; (4) short term, part time.
(2) - (4) count towards the Underemployment Score because they are either part time or short term (or both). (1) does not count towards the underemployment score because we do not know whether it is underemployment -- there are types of long-term, full-time jobs that should count in the Employment Score. And that's why the long-term, full-time jobs don't get deducted from the Employment Score.
somewhatwayward wrote:Do you have your 501(c)(3)? On your website I only see that you are incorporated as a non-profit. Unfortunately, even if you were a 501(c)(3), I am pretty sure people wouldn't be able to deduct $20 they gave you for a shirt (maybe they could deduct $20 - the FMV of the shirt) for the same reason that you don't get to deduct the price of T-shirt you buy at the museum store of a non-profit museum. That's probably why giving people free items upon donation was suggested instead. Also, I think that if you were selling T-shirts, depending on how substantial a part of your activities it was, you could be taxed on it because it would be unrelated business income (if you are a 501(c)(3)).
I realize I should've said earlier that I don't intend to provide legal advice. I have done pro bono transactional work for non-profits. PM me if you would like more info or to get in touch with the people who do this.
You're right that we couldn't charge $20 for the shirts without the sale proceeds being unrelated business income. We'd have to give it away free with a much larger donation, say $75 or $100. Likewise for a water bottle or mug, we'd probably need to be in the $25 or $50 range.
One argument I am curious about is whether it would be related business income if the purpose of the sale is to expand the brand reach of LST. I can't imagine this argument working because any nonprofit could argue that logo'd merchandise serves their mission by doing that.
Anyhow, we actually have pro bono legal services because I did a fellowship with a nonprofit that does transactional work for non-profits -- perhaps you did work for a sister organization of the one I worked for (Pro Bono Partnership of Atlanta). I do appreciate the offer, however.