A Not-For-Profit Typically Has Gross Receipts of $4,500 or Less

question 21

True/False

A not-for-profit typically has gross receipts of $4,500 or less each year. According to the IRS it would not have to file with the IRS to be considered tax-exempt under Sec. 501(c)(3).

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Definitions:

Target Group

identifies the specific segment of the population at which a particular service, product, or message is aimed.

Ethnic Group

A community or population made up of people who share a common cultural background or descent.

Multiracial Feminist Theory

A framework in feminist analysis that emphasizes the intersection of race, class, and gender, highlighting the experiences of women of multiple racial identities.

Authoritarian Personality Theory

Asserts that extreme prejudice is a personality trait of people who strongly believe in following cultural norms, traditions, and values.