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Infographic: How Not-for-Profits Can Manage Taxable Revenue

Even though not-for-profit organizations exist to fulfill a specific, government-approved purpose, that doesn’t prohibit them from also turning a profit. Depending on how the money is earned, however, it may be taxable. Here are some ways to determine whether your organization needs to pay taxes on profits earned.

Infographic: How Not-for-Profits Can Manage Taxable Revenue
 

Tax issues can be complicated—and costly. Contact a tax professional to discuss how to handle your group's taxable revenue challenges. For general help with cash management, financing and other day-to-day needs, get in touch with your SunTrust banker.

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