Start Your Nonprofit. Your Path to 501(c)(3) Success
Our Services Include:
- Nonprofit Formation: We assist with the entire process of establishing your nonprofit, including filing Articles of Incorporation, EIN, Recruiting board members, Creating bylaws, and Conflict of interest policy.
- 501(c)(3) Application: Our experts guide you through completing IRS Form 1023 or Form 1023-EZ, ensuring your application meets all federal requirements for tax-exempt status.
- State Compliance: We help you register for state tax-exempt status, file annual reports, and obtain necessary licenses and permits to operate legally in your state.
- Ongoing Coaching: Our nonprofit coaching services provide continuous support, including governance advice, fundraising strategies, and compliance assistance to help your organization grow and thrive.
- Renewal Services: We assist with renewing filings and maintaining compliance with state and federal requirements, ensuring your nonprofit remains in good standing.
- Funding Guidance: Our experts help you develop effective fundraising strategies to secure the resources needed to support your mission and create lasting impact.
For all our business services, we recommend obtaining a virtual office address. While some Secretary of State offices protect business registrations and keep documents private, others do not. Due to the varying regulations and frequent changes, a virtual office address provides an extra layer of privacy and security. We offer virtual addresses for $50 a month. Alternatively, if you already have a commercial address, you can use that. Ensure your address is up to date with all the entities you do business with.
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1. Coaching Sessions: The package includes seven hourly coaching sessions. These sessions can be conducted through Zoom, Google Meet, or in-person, providing flexibility in communication.
2. 50% Down Payment: A 50% down payment is required to initiate the coaching package, which likely covers some upfront costs and secures the services.
3. Business Formation Filing & EIN #**: Assistance with the process of business formation, which may include registering the business entity and obtaining an Employer Identification Number (EIN) from the IRS.
4. Pay the Secretary of State's Filing Fee: The package may cover the cost of filing necessary documents with the Secretary of State, which is typically required when forming a legal business entity. The fee is $99.
5. Bylaws and Constitution: Assistance in creating and formalizing the bylaws and constitution for your organization. These documents outline the structure, rules, and governance of your business or nonprofit.
6. Conflict of Interest Policy: Development of a conflict of interest policy to ensure that decision-making within the organization is impartial and in the best interests of the entity.
7. DUNS # Obtainment: Help with obtaining a Data Universal Numbering System (DUNS) number, which is often required for government contracts and grants.
8.Roberts Rules of Order Guide: Guidance on the use of Robert's Rules of Order, a standard set of parliamentary procedures for conducting meetings and making decisions within organizations.
9. Robert Rules of Order Training: Training sessions on how to effectively use Robert's Rules of Order in your organization's meetings and decision-making processes.
10. Facebook Support Group: Access to a dedicated Facebook support group where you can connect with others who are going through similar business or nonprofit startup processes.
11. Guides: Guides and resources on various topics, including starting a business, human resources (HR), nonprofit management, and marketing. These guides can provide valuable insights and information.
12. Financial Documents: Assistance with creating formalized financial documents, including cash flow statements, income statements, inventory tracking, and balance sheets. These documents are crucial for financial planning and reporting.
13.Personal Online Portal: Access to a personalized online portal where you can access coaching materials, documents, and resources related to your business or nonprofit venture.
Fees related to government filings and licensure are not included in the coaching package and are the responsibility of the customers. Additionally, fees may vary depending on the state and the specific requirements for business incorporation.
Here's a breakdown of the key steps:
1. Name Your Nonprofit: Complete a name and trademark search to ensure your chosen name is available and not trademarked by another entity.Register your business with the secretary of state.
2. Choose Your Statutory Agent: A statutory agent, also known as a registered agent, is responsible for receiving important legal documents on behalf of your nonprofit. For example in Ohio the agent must be a resident of Ohio or a corporation authorized to do business in Ohio.
3. Select 3 Board Members & Officers: Form a board of directors with at least three members who are not related to each other. Your organization must have a president, secretary, and treasurer. The president and secretary positions cannot be held by the same person.
4. Adopt Bylaws & Conflict of Interest Policy: Your nonprofit must create and adopt bylaws, which are the rules governing its operations, and a conflict of interest policy to ensure decisions benefit the nonprofit rather than individual members.
5. **Purpose**: Your nonprofit's purpose must align with one or more of the following categories: charitable, religious, scientific, educational, literary, fostering national/international amateur sports competition, preventing cruelty to animals/children, or testing for public safety.
6. Obtain an EIN (Employer Identification Number)**: An EIN, similar to a social security number for your organization, is necessary for various purposes, including opening a bank account, tax reporting, and hiring employees. You can obtain an EIN from the IRS for free.
7. Apply for 501(c)(3) Tax-Exempt Status: To apply for 501(c)(3) tax-exempt status, your nonprofit must meet specific conditions, including having at least three unrelated directors, filing Articles of Incorporation, adopting bylaws and a conflict of interest policy, and obtaining an EIN. Once these conditions are met, you can file Form 1023 online with the IRS.
8. Pay IRS Fees: There is a fee associated with filing Form 1023 for tax-exempt status. As of your provided information, it mentions paying the IRS $275 for the 1023 EZ Form 501(c)(3) tax-exempt filing.
9. Additional Fees: It's important to note that there may be various other fees associated with the process, such as state, county, and federal fees, as well as fees related to business formation and licensing. These fees are separate from any coaching package and are the responsibility of the nonprofit organization.