Consultation on Public Support Thresholds
Assist a 501(c)(3) public charity (incorporated in DE) working to equitably and inclusively apply emerging technologies by providing a consultation related to public support thresholds.
Referred by:
WeRobotics is a 501(c)(3) public charity (incorporated in DE). Upon recent review, they have discovered that their revenue streams have not met qualifying public support thresholds over the past several years. These income streams are not set to change drastically over the years to come. Additional background, including details about their current percentages and funding/revenue streams can be provided upon request.
Now, the WeRobotics team is seeking a consultation with an attorney to discuss: (i) what options may be available to them to mitigate for not meeting the public-support percentage; (ii) any implications for their public charity status; and (iii) any alternatives that may be available to them (e.g., can they reclassify their organization? What would this entail?).
Ultimately, they would like to better understand how the 10% facts-and-circumstances test applies to their organization and current practices, whether an alternative classification more accurately reflects their mission-related revenue earned, and any long-term implications they should consider.
Down the line, should they need to reclassify the organization/make changes, they would appreciate assistance with the process. However, this is a secondary request.