Can Nonprofit Founders Take a Salary?

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Boss on a Budget - Build a Strong Nonprofit

3 жыл бұрын

Can nonprofit founders take a salary? If you are a nonprofit founder, you may be wondering how you can be compensated for the work you're doing for your nonprofit. If you are starting a nonprofit organization, you may eventually want to get to a point where you can pay yourself or pay other staff members. So watch this video if you want to know how to pay yourself.
In this video, I quickly answer the question: can nonprofits take a salary but I also go into more considerations you need to think of when starting a nonprofit. Some considerations include the difference between board directors and staff, and if you are employing staff vs. independent contractors. The video helps you understand how nonprofit founders get paid.
Watch this video to understand if board members can be paid: • Can Nonprofit Board Me...
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Пікірлер: 27

@ams3666 7 ай бұрын

EXCELLENT info! Thank you!

@BossonaBudget 7 ай бұрын

Very welcome!

@cotepj Жыл бұрын

Wow - brilliant. So many answers in 10 minutes to months and months of questions. Thank you

@BossonaBudget Жыл бұрын

I’m glad it helped, thanks for watching!

@Dredabird504 2 жыл бұрын

This was incredibly informative!!!

@BossonaBudget 2 жыл бұрын

Thanks so much for watching!

@mackaroni7730 3 жыл бұрын

Thank you for all of your video. You represent the DMV well!

@BossonaBudget 3 жыл бұрын

Awww thanks!!

@undiagnosticonotedefine1125 11 ай бұрын

Thanks!!!1 I really appreciate it!

@BossonaBudget 11 ай бұрын

You’re welcome!

@PopStarKilla 2 жыл бұрын

Thank you! 🤯

@BossonaBudget 2 жыл бұрын

You're welcome! Thank you for watching :)

@sacredmorningcoffee141 2 жыл бұрын

Thank you

@AbbyOlurinDames 2 жыл бұрын

This was great! I'm going to go and watch the video for board compensation now. Are you on LinkedIn too?

@BossonaBudget 2 жыл бұрын

I am, but I don't put stuff from Boss on a Budget on there - just my 9 to 5 job :)

@investintheyouthorganizati9732 3 жыл бұрын

Thank you for the video. I would like to transcend into the ED but the funds are not agreeing, we're new as of 5/2020 so still trying to figure the funding a np

@BossonaBudget 3 жыл бұрын

Thank you for watching! It takes time to get there, but it will come.

@fiestadancers 8 ай бұрын

Do I need a board for non-profit startup?

@vrushalilengare9977 Жыл бұрын

In that case it's best if I stay out of the board from the beginning and take a contractor or employee position and get paid right?

@BossonaBudget Жыл бұрын

There’s no one perfect scenario. If that’s your preference it can definitely work.

@ToneRulez Жыл бұрын

I’m a bit confused still. I want to start an adult day program. I would be on the board. First I will have to do work to get it going to eventually I’ll have enough clients and have an income to support staff. From there I wish to transition to full time board and oversee all that operates within this program. I can’t get paid as being on the board?

@BossonaBudget Жыл бұрын

Board and staff are two different positions. Board members oversee the overall organization and staff handle day-to-day. You can’t oversee yourself as the Exec Director if that’s what you wish to be.

@sacredmorningcoffee141 2 жыл бұрын

What if you don't want to be on the board from the start of your non-profit

@BossonaBudget 2 жыл бұрын

You don't have to be on the board at all if that's not something you want to do. It's an individual decision.

@sacredmorningcoffee141 2 жыл бұрын

@@BossonaBudget thank you