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3Hotdogs

(14,835 posts)
Thu Nov 20, 2025, 08:03 PM Thursday

HELP _ Accountant question - It's a hiking club. Founded 45 years ago. A year or so later, a bank account was opened. [View all]

Bank clerk, one of the top U.S. banks did not ask for tax id --- SS #, or such. '
It is de facto, non profit but not legally registered as such. Money goes in, and it goes out for newsletter, picnic, and such.

It is now taking in over $8k per year. If any is left over, it goes to food bank or environmental causes. Then we send out dues request for the next year. --- rinse and repeat.

Are we in trouble?

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