Nonprofits 7 for 777
SKU:
$1,300.00
$797.00
$797.00
per item
All local, State, County, Federal, and Licensure fees are separate and aren’t included in our coaching package plans. All customers are required to pay these fees as we begin to provide coaching sessions. The Secretary of State fee depends on what state you want to incorporate in. Customers are responsible for making these payments to entities that require licensure. All fees are subject to change.
Step 1: Name Your Nonprofit - complete a name and trademark search.
Step 2: Choose Your Statutory Agent
A statutory agent (commonly called a registered agent) is an individual or business entity responsible for receiving important legal documents on behalf of your business. Think of your statutory agent as your business' point of contact with the state.
Who can be a Statutory Agent? A statutory agent must be a resident of Ohio or a corporation, such as a registered agent service, authorized to transact business in Ohio. You may elect an individual within the company including yourself.
Step 3: Select 3 Board Members & Officers
The directors of an organization come together to form a board of directors. This board of directors is responsible for overseeing the operations of the nonprofit.
The president, secretary, and other members of nonprofits who have individual responsibilities and authorities are known as officers.
The organization structure of your nonprofit in Ohio MUST include:
At least 3 directors are not related to each other
A president
A secretary
A treasurer
NOTE: The president and secretary positions cannot be held by the same person.
Step 4: Adopt Bylaws & Conflict of Interest Policy
To be eligible to apply for 501(c)(3) status, your nonprofit is required to have the following two documents:
Bylaws
Conflict of interest policy.
What are Bylaws? Bylaws are the rules outlining the operating procedures of the nonprofit.
What is a Conflict of Interest Policy? A Conflict of Interest Policy is the collection of rules put in place to ensure that any decisions made by the board of directors or the officers benefit the nonprofit and not individual members.
NOTE: The bylaws and conflict of interest policy must be adopted by the nonprofit during its first organizational meeting where the directors and officers are officially appointed.
Step 5: File the Articles of Incorporation
Purpose:
In order to qualify for 501(c)(3) status, the organization’s purpose must explicitly be limited to one or more of the following:
Charitable, Religious, Scientific, Educational, Literary, Fostering national/international amateur sports competition, Preventing cruelty to animals/children, Testing for public safety
Step 6: Get an EIN
What is an EIN? The Employer Identification Number (EIN), or Federal Tax Identification Number, is used to identify a business entity such as your nonprofit corporation. It is essentially a social security number for your organization.
Why do I need an EIN? An EIN is required for the following:
To open a business bank account for the company
For Federal and State tax purposes
To hire employees for the company
How do I get an EIN? An EIN is obtained from the IRS (free of charge) by the business owner after forming the company. This can be done online or by mail. Check out our EIN Lookup guide for more information.
Step 7: Apply for 501(c)(3)
Before a nonprofit can apply for 501(c)(3) status it must,
Elect at least 3 directors not related to each other
File the Articles of Incorporation with the required provisions (As covered in Step 5)
Adopt the bylaws and conflict of interest policy
Have an EIN number
Once these four conditions have been met your nonprofit can apply for 501(c)(3) tax-exempt status by filing Form-1023 online.
If your application is approved, the IRS will send you a determination letter stating that your organization is exempt from federal taxes under section 501(c)(3).
Note:
Form 1023 EZ must be filed within 27 months from the end of the first month your organization was created.
- 7 hourly coaching sessions via Zoom, Google meet, or in-person
- A 50% down payment is required
- Business Formation Filling & EIN #
- Pay the Secretary of State's filing fee.
- After pay https://checkout.square.site/buy/JAPEZWV5UDQPM7IKNSO2XS62/checkout
- Bylaws and Constitution
- Conflict of Interest policy
- DUNS # Obtainment
- Robers Rules of Order Guide
- Robert Rules of Order training
- Facebook Support Group.
- Starting a business, HR, Nonprofit, & Marketing Guides.
- Formalized Financial Cashflow, Income statement, Inventory, & Balance sheet docs.
- Personal Online Portal.
- Need 3 board members to be in compliance ( President, Treasurer, and Secretary )
- No Refunds.
- This will be the last thing you do: Pay IRS $275 for the 1023 EZ Form 501 (c) (3) tax-exempt filing. The business advisor fee is $250 he/she will help walk you through the application. Here is the link to book https://calendly.com/sign123easynotary?fbclid=IwAR2FZ1POAVHXpc4ClKgDxwVwyGVFfFNoNyotUGAz9M2DL8gUo24EvGFRFk4
Step 1: Name Your Nonprofit - complete a name and trademark search.
Step 2: Choose Your Statutory Agent
A statutory agent (commonly called a registered agent) is an individual or business entity responsible for receiving important legal documents on behalf of your business. Think of your statutory agent as your business' point of contact with the state.
Who can be a Statutory Agent? A statutory agent must be a resident of Ohio or a corporation, such as a registered agent service, authorized to transact business in Ohio. You may elect an individual within the company including yourself.
Step 3: Select 3 Board Members & Officers
The directors of an organization come together to form a board of directors. This board of directors is responsible for overseeing the operations of the nonprofit.
The president, secretary, and other members of nonprofits who have individual responsibilities and authorities are known as officers.
The organization structure of your nonprofit in Ohio MUST include:
At least 3 directors are not related to each other
A president
A secretary
A treasurer
NOTE: The president and secretary positions cannot be held by the same person.
Step 4: Adopt Bylaws & Conflict of Interest Policy
To be eligible to apply for 501(c)(3) status, your nonprofit is required to have the following two documents:
Bylaws
Conflict of interest policy.
What are Bylaws? Bylaws are the rules outlining the operating procedures of the nonprofit.
What is a Conflict of Interest Policy? A Conflict of Interest Policy is the collection of rules put in place to ensure that any decisions made by the board of directors or the officers benefit the nonprofit and not individual members.
NOTE: The bylaws and conflict of interest policy must be adopted by the nonprofit during its first organizational meeting where the directors and officers are officially appointed.
Step 5: File the Articles of Incorporation
Purpose:
In order to qualify for 501(c)(3) status, the organization’s purpose must explicitly be limited to one or more of the following:
Charitable, Religious, Scientific, Educational, Literary, Fostering national/international amateur sports competition, Preventing cruelty to animals/children, Testing for public safety
Step 6: Get an EIN
What is an EIN? The Employer Identification Number (EIN), or Federal Tax Identification Number, is used to identify a business entity such as your nonprofit corporation. It is essentially a social security number for your organization.
Why do I need an EIN? An EIN is required for the following:
To open a business bank account for the company
For Federal and State tax purposes
To hire employees for the company
How do I get an EIN? An EIN is obtained from the IRS (free of charge) by the business owner after forming the company. This can be done online or by mail. Check out our EIN Lookup guide for more information.
Step 7: Apply for 501(c)(3)
Before a nonprofit can apply for 501(c)(3) status it must,
Elect at least 3 directors not related to each other
File the Articles of Incorporation with the required provisions (As covered in Step 5)
Adopt the bylaws and conflict of interest policy
Have an EIN number
Once these four conditions have been met your nonprofit can apply for 501(c)(3) tax-exempt status by filing Form-1023 online.
If your application is approved, the IRS will send you a determination letter stating that your organization is exempt from federal taxes under section 501(c)(3).
Note:
Form 1023 EZ must be filed within 27 months from the end of the first month your organization was created.
