SCRF Non-profit planning

[x] Quick summary of SCRF and we understand it is non-legal advice.
[x] Questions from the list: Highlighted Yellow
[x] How can Neo help with specifics? - Has a comprehensive plan and can help with discussing, creating and reviewing bylaws, financial plans etc. Can take care of filing needs in full detail.

Meeting notes:

Michele definitely recommends having an Attorney to do 501c3 filing.
Service costs 11-18k and 350$/h for extra work.
IRS is pretty strict and we need to ensure that all our financial planning, employment policies, budgets etc are clear.
Need to breakdown web3 activities in a more understandable way to the IRS.
All crypto holding needs to be shown in dollars.
Works only in California and can give recommendations for registering another state.
Employment and IP law is not advised,
In Cal, more than 49% of directors cannot be compensated
President, secretary and treasurer are 3 must have officers according to Michele.
[ ] Thank you email and followups - Program revenue and OFAC linkS, Comprehensive exhaustive services list.

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