So our gym is doing a Flip-A-Thon to celebrate National Gymnastics Day. The girls will collect pledges for how many "flips" they can do it 2 minutes
For those that have done this type of fundraiser before, did the funds go directly back to the gymnast? Do they have to pay personal taxes on that as income?
We do have a parent association, but they are not a 501c3 yet. All the other fundraisers were things like open gym and haven't done any selling kind of things
For those that have done this type of fundraiser before, did the funds go directly back to the gymnast? Do they have to pay personal taxes on that as income?
We do have a parent association, but they are not a 501c3 yet. All the other fundraisers were things like open gym and haven't done any selling kind of things