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May 6, 2024 · In this guide, learn if starting a nonprofit is right for you, the types of 501(c) designations that may best fit your nonprofit and the steps to forming your nonprofit.
Jul 11, 2024 · How to Start a Nonprofit Organization [10-Step Guide] While it can be confusing, starting a nonprofit is also incredibly rewarding – and not too complicated with the right steps in mind. Finding the right support to help you walk through the process will ensure your success.
Learn the basics of starting a nonprofit organization, including federal and state requirements, tax-exemption, and fiscal sponsorship. Find resources, guidance, and local expertise to help you serve your community.
- Incorporate your nonprofit. Filing your articles of incorporation allows you to be recognized as a business entity in your state. It does not give you nonprofit status, however.
- Secure an Employer Identification Number (EIN) Every organization must have an employer identification number (EIN), even if it will not have employees.
- Elect a board of directors. You cannot submit your 501(c)(3) application to the IRS for your nonprofit status without listing your board officers with name, title and contact information.
- Create your bylaws. Your 501(c)(3) application to the IRS must include bylaws. Bylaws are the main governing document of your nonprofit and will act as a guide and decision-making tool for the board of directors.
- Research Your Cause Category. The first step to start a nonprofit is to know who, what, or where you’ll serve. Begin by understanding which cause category you’ll join within the larger social sector.
- Incorporate Your Nonprofit Based on Your State. The second step to start a nonprofit is to know your state’s process. This will determine your next steps.
- Apply for a 501(c)(3) Tax-Exempt Status. The third step to start a nonprofit is to file as a 501(c)(3). A 501(c)(3) organization is a corporation, trust, unincorporated association, or another type of organization exempt from federal income tax.
- Develop Your Unique Nonprofit Identity. The fourth step to start a nonprofit is to tell the world now that you know how you serve a need in your community and larger cause sector.
How to Start a Nonprofit in 12 Steps. No matter what type of nonprofit you’re looking to start, this guide will provide you with the common steps that all organizations need to follow. Starting a Nonprofit: Basic FAQs. What is a nonprofit?
Learn how to research the need, competition, costs, and impact of your nonprofit idea before you start. Find out if there are better alternatives to creating a new organization and how to measure your success.