non-profit-filing.com

A non-profit organization is a group organized for reasons other than generating profit. Unlike a profit-making business, no part of the organization's income can be distributed to its members, directors, or officers. Churches, Little League baseball teams, schools and charitable programs are organized as non-profit organizations under the 501c3 provision.

Many, but not all, non-profit corporations, depending upon their purposes, can qualify for exemption from federal corporate income taxes. The U.S. Internal Revenue Code contains more than 25 different classifications of tax-exempt groups, including professional associations, charitable organizations, civic leagues, labor unions, fraternal organizations, and social clubs, to name just a few. All these organizations have tax exempt status.

Depending on the category of the exemption, such groups are entitled to certain privileges and subject to certain reporting and disclosure requirements. There may also be limitations on their activities. There are also a number of 501c3 organization reporting requirements that must be followed after your organization is up and running.

Incorporation as a non-profit organization:
Incorporation is a good idea if the group plans to be in existence for several years and has the need to raise money through grants and donations that require tax-exempt status. Almost all charitable foundations and non profit organizations depend on grants, so incorporating is essential.

Some things to be aware of when preparing to incorporate and apply for tax exempt status:

• Incorporation and the process of seeking tax-exempt status can be costly and time-consuming for 501c3 organizations.
• Liability of leaders and members of the corporation is limited.
• There is a tax advantage for the financial donor if money is given to a tax-exempt corporation.
• Government agencies and foundations will not fund groups that do not have final approval of their tax-exempt application from IRS. They use the IRS due diligence to validate your status.
• Incorporation requires careful minutes of official organizational meetings and good financial record keeping.
• If the group's budget is more than $25,000 per year, a tax return needs to be filed.
• Incorporation usually takes between 4 and 8 weeks to complete.

Non-Profit-Filing.com Guides You Through the Incorporation Process

• We help you develop clear and detailed By-laws and Articles of Incorporation.
• We show you how to incorporate as a not-for-profit corporation in your state. Filing with your state will require names and addresses of your first board of directors, and other details.

You can expect the normal reasonable costs to incorporate and file for recognition as tax-exempt 501c3 status with the IRS to cost more than $3,850

Non-Profit Filing.com is organized to provide personalized, professional service to the nonprofit, charitable and church/mission community.

Our staff is devoted to providing you with service that surpasses all your expectations.  We give you the technical expertise that frees you to concentrate on what you do best...fulfilling your vision.

From our offices in Utah and New Hampshire, we work with organizations from coast to coast, Alaska to Hawaii and California to Maine.

We look forward to serving you and your incorporating needs. Email with any questions you may have. You can look forward to a prompt reply.   We are ready to serve you personally and promptly.We look forward to serving you and your incorporating needs. Email with any questions you may have. You can look forward to a prompt reply.   We are ready to serve you personally and promptly.