Non-profit vs For-Profit: What Leaders Must Know

Choosing the right business structure impacts your funding options, taxes, operations, compliance requirements, and long-term growth. In this workshop, you’ll learn the key differences between nonprofits and for-profit businesses in language that actually makes sense. We’ll cover how money flows in each structure, what the IRS expects, the role of boards and owners, how they are run, and the common mistakes leaders make when choosing a structure. Whether you're launching a new organization or considering a transition, this webinar will give you the clarity, confidence, and direction you need.

*Reasonable accommodations for persons with disabilities will be made if requested at least two weeks in advance. Please contact the Tampa Bay Women's Business Centre for more information: tbwbc@thecentre.org.

Presenter:

Rolanda S. McDuffie, CPA
Nonprofit CPA • Advisor • Speaker
Founder, R.S. McDuffie CPA & Associates

Rolanda S. McDuffie, CPA, is a native of Tampa, FL. She graduated from High School, where she was first introduced to the field of accounting. She went on to attend North Carolina Agricultural & Technical University. At NC A&T, she earned a Bachelor’s degree in Accounting. Ms. McDuffie continued her education by obtaining an MBA and a Master’s in Accounting & Finance as well.

Ms. McDuffie manages a successful CPA firm, R.S. McDuffie CPA & Associates, which she started over 12 years ago. Her professional passion is to assist in getting nonprofit organizations and for-profit businesses financially fit through the areas of accounting, taxes, advisory services and board training. We love helping nonprofit organizations grow and sustain themselves so that they have the ability and resources needed to make a greater impact on the communities that they serve. We love to focus on the numbers so that nonprofits can spend more time focusing on their mission. We love Nonprofits and Numbers.

That same passion is what drives her to serve the community in various, related capacities. Her work with nonprofit organizations varies in different roles, ranging from an outsourced CFO to sitting on several boards. Ms. McDuffie is frequently called upon to provide her expertise at workshops, seminars, and conferences.

She is also a published author of the book ‘Creating a Successful Nonprofit by Knowing Your Numbers.’

The Tampa Bay WBC is funded in part by a cooperative agreement with the Small Business Administration. As with all of our programs at our host organization, The Centre for Women, we do not discriminate based on race or gender and our services are available to all

We are pleased to offer this webinar free of charge, but donations are always welcome. To make a donation, please visit the link below:

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