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15 years ago
Tuesday, July 27, 2004
NON-PROFIT GROUP
I was wondering, does a family qualify as a non-profit group? Because there is absolutely no profit involved in my family or our income! If you don't believe me just take a peek into my savings account... the balance is .01. Seriously, I have one penny in my savings account. I think the only reason the bank hasn't closed my account is because they've probably never had to deal with a one cent balance before. With my luck they'll assess a service fee and I'll be over drawn. As for being non-profit, I'm not looking for a hand out, just a tax exempt status would be nice.
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3 comments:
Simple...start your own religion. Or create a foundation. All you need is a mission statement. There is a lot of paper work involved tho. LOL -B
Trip out. $0.01...I agree with you...the bank will probably charge some silly service fee & then say you owe them money!!! -=)
The bank did that to me once. We moved from NC to CA and I didn't close my savings account, it had > $5 in it, after 3 months I owed them $. It took some time to close since we were far away. What a PITA!
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