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Usa 501(c)3 Charity For Sale
Location: United States -> Florida -> Palm Bay
Industry: Professional Services > Other Professional Services




Business Summary

USA Charity with 501(c)3 status is for sale (with a website) - with a DUNS Number - 501(c) is a provision of the United States Internal Revenue Code (26 U.S.C. § 501(c)), listing 26 types of non-profit organizations exempt from some federal income taxes. Charity can be converted into a Foundation and you can then even open your own bank. Since the USA passed the Patriot Act it is almost impossible to open a new Charity. 501c status allows the Charity to apply for federal grant funding. The 2 directors have other business interests and find that they do not have the time to commit to projecting the charity onto the global stage. This is a unique opportunity for a business or philanthropist to obtain a functioning Charity. Directors will sell retaining 20% of stocks.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2007
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Reason For Selling:  Directors have other business interests.




Click on the "Contact Seller" button for more information on this Professional Services > Other Professional Services business for sale.
Print Listing Id: 700114018
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