Thursday, March 6, 2025
11 AM CT
Speaker: Carol Wilson
Topic: Should Your Farm Be a Non-Profit?
A for-profit business model for your farm is not the only possible business structure. Consider the possibility of running all or part of your farm as a nonprofit organization. In this session, we’ll dive into the benefits and challenges of operating a nonprofit entity. Topics will include eligibility requirements, tax implications, funding opportunities, and operational constraints. We’ll also give real-world examples of nonprofit organizations that help people grow and eat healthy food, provide charitable assistance to people using animals, and provide compassionate care to animals in need.
Is starting a nonprofit the right choice for you? If you’re considering a nonprofit model for mission-driven farming to support education, conservation, food assistance, prevention of cruelty to animals, or other tax-exempt purposes, join this session to learn more!
About Your Speaker
Carol Wilson, CPA, MBA
Carol Wilson, CPA, MBA specializes in helping nonprofit organizations with their accounting. Carol and her business partner, Carrie Schulz, CPA, MBA, started Care Accounting Services in 2009. Shortly after, they also launched Nonprofit Accounting Academy to support online education in nonprofit accounting topics.
Carol taught nonprofit accounting at the Edyth Bush Institute for Philanthropy & Nonprofit Leadership at Rollins College from 2008 – 2020. Carol is also a QuickBooks Advanced Certified Pro Advisor.
Today Carol continues to work with nonprofit organizations on how to use QuickBooks Online to manage their finances. She also develops online courses and teaches online. Carol and Carrie offer a free nonprofit accounting blog at nonprofitaccountingacademy.com and more free resources at smart-nonprofit-money.mn.co.
