Starting your own nonprofit is exciting, but navigating state and IRS requirements is a significant challenge. Nonprofit founders face a long list of applications and paperwork to properly establish a 501(c)(3) organization. Incorporating, forming a board of directors, creating bylaws, and applying for tax exempt status are just a few of the necessary steps to creating a legitimate nonprofit organization.
Despite these challenges, the journey to creating a 501(c)(3) to serve an unmet need is well worth the investment. Once 501(c)(3) status is achieved, nonprofits are generally able to fundraise, offer tax deductions to their donors, apply for grants, and become exempt from corporate taxes.
Foundation Center and Harbor Compliance have partnered to present a webinar on properly establishing a nonprofit in the United States. If you are a nonprofit founder, board member, or entrepreneur, join us for our webinar, The ABCs of Forming Your 501(c)(3). This webinar will help you gain an understanding of the following:
- What a 501(c)(3) nonprofit is
- Process for establishing a 501(c)(3)
- Paperwork, costs, and timeline
- Ongoing compliance
- Finding professional assistance
Learn what it takes to turn your nonprofit vision into a reality! If you want to learn more, join us for next week’s Foundation Center webinar, “The ABCs of Forming Your 501(c)(3)” on Thursday, October 20, from 2:00-3:00pm ET.
MIKE MONTALI is CEO of Harbor Compliance. Harbor Compliance partners with organizations in every state and over 28 countries abroad to help solve their most challenging compliance problems. Our clients range from the largest organizations in the country to fast-growth startups, and our deep nonprofit expertise allows us to fully manage government licensing compliance. We help founders in every state form their nonprofits with a 100% IRS success rate and guaranteed approval of their 501(c)(c) applications.