Ep 24 - Nonprofits, Podcasts, and Partnership

NonProfit Counsel Podcast

Welcome to The Nonprofit Counsel podcast, hosted by May Harris, Esq.. In today's episode, we are honored to feature Traci DeForge, the founder of Produce Your Podcast and Co-Founder of The Podcast Professionals Association. Traci shares the mission of Produce Your Podcast, the producer of The Nonprofit Counsel podcast, and discusses the inspiration behind co-founding The Podcast Professionals Association. The conversation delves into the importance of hiring a professional to guide you through the steps of starting a nonprofit correctly, explores the differences between a 501(c)(3) and a 501(c)(6), and provides insights on compensating founders. This episode is packed with valuable information for anyone looking to start a nonprofit or those working in the nonprofit sector with questions.

IN THIS EPISODE:

• [1:16] Traci discusses the goals of Produce Your Podcast, starting the nonprofit Podcast Professionals Association and discussion of the launch of May’s book last August, How To Start A Nonprofit That Will Change The World

• [8:41] Discussion of the differences between 501C3 and 501C6

• [15:40] Traci shares her business journeys and being intimidated by the various regulations of starting a nonprofit, and May shares that respect for the rules is required

• [21:04] Traci discusses how May assisted her in setting up the Podcast Professionals Association nonprofit and discussion the compensation founders

• [30:04] Details of determining compensation for co-founders

• [36:36] Discussion of who will benefit from May’s book and the audio version coming out in August, and Traci highly recommends listeners purchase May’s book from Amazon and download the audio version

KEY TAKEAWAYS:

• If you want to start a non-profit, contact a professional who can help you navigate the steps to avoid future penalties.

• Most people are only aware of the designation of a 501C3. However, there are other designations a nonprofit can take. A professional can help you make those decisions.

• To begin a nonprofit, one must have a healthy respect for the regulations and the IRS. This isn’t a fear; it’s learning and respecting the rules.

RESOURCES:

For Profit Law Group - Website

Nonprofit Counsel - Website

Nonprofit Counsel - Instagram

Nonprofit Counsel - Linkedin

Traci DeForge - Produce Your Podcast - LinkedIn

Produce Your Podcast - Website

How To Start A Nonprofit That Will Change The World Book

BIOGRAPHIES:

May Harris has been a pioneer of nonprofit law practice for over a decade, having founded For Purpose Law Group in April 2012. She serves the nation's nonprofit sector with unparalleled expertise, prioritizing her client's missions, visions, and values. She specializes in nonprofit & tax-exempt organizations, social enterprise & business law, and estate planning & charitable giving.

GUEST BIOGRAPHY:

Traci is recognized as an international podcast expert, sought-after speaker, and media contributor featured on ABC, CBS, NBC, CNN, CTV, Fortune.com, and American Express Open. She co-hosts Ask Brien Radio Show on KHTS AM & FM, Los Angeles, CA. Produce Your Podcast was named by Media & Entertainment Business Review as a Top 10 Podcasting Services Provider 2024. Her 30-year professional career reflects a unique combination of Award Winning Mixed Media Production, Business Consulting, and Broadcast Radio Expertise. This powerful combination led to the founding of Produce Your Podcast, a premier podcast consulting & production agency providing a comprehensive, full-service, high-quality solution to incorporating podcasting into B2B and B2C clients' overall digital marketing strategy. She is the creator of PodHive, an online community for business growth-focused podcasters, The Podcast Management Academy, the industry's only certification program for Podcast Managers & Co-Founder of The Podcast Professionals Association.