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| *Ostroff, Fair and Company>>>Government & Non-Profit |
How do you start a non profit origanzation. what do i have to do regarding the irs and that kind of stuff.? |
How do you start a non profit origanzation. what do i have to do regarding the irs and that kind of stuff.? You must decide on the form. For instance, will it be a nonprofit corporation? If so, then you'll have to sign corp. papers with the Secretary of State's office. They will want to know if you have officers, bylaws, etc. You'll also want to have done a name search, to make sure it doesn't conflict with someone else's. The IRS will want you to give them an approximate idea of how much money you will take in for first year. This will be a guess, however, this is what they will base the amount of money you will send in with your application for nonprofit status. While figuring out how to complete the IRS paperwork, they will issue you, upon request, an Employer Identification Number. This EIN is needed for your application. You'll need a checking account with the name of the person setting up the organization. They'll need your EIN number. Nonprofit doesn't have to mean poor. The NFL is a nonprofit. contact the IRS to find out. http://www.irs.gov/ Go to your downtown and register your name and get the paperwork to become a non profit. You can start a non-profit organization online at www.usa.gov you don't even have to leave home or pay someone to do this for you, they have phone numbers for you if you need help. Good luck on starting your organization!!! |
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