Wednesday, August 24, 2011

Basic Steps for a Non-Profit.

So I am helping start a Non-Profit for a College ministry that I have been a part of for the last 4 years. I figured that as long as I am figuring out the process of how to create a non-profit I should write it down, so that anyone else who wants to start a non-profit can more easily.

So for my first blog I will list the 4 forms that are required to completely get your non-profit status. Note: that I am doing this in California, so the first three forms may be a little different in other states, but it shouldn't be that much different.

Ok, so to start a non-profit you need to fill out 4 forms. The first three of the forms are done with the state that you are in. The last form is filed with the government and is the actual Tax Exempt application.

The forms are:

1. Fill out the Name Reservation Form (1-2 page form), Cost: $10
2. File the Articles of Incorporation (1 page form), Cost: $30
3. Create a ByLaws for your organization (5-8 Pages), No Cost (But Nolo's book includes a CD with a ByLaws that is easily filled out).
4. Fill out the Tax-Exempt Application (28 Pages), Cost: $400-800 (may be reduced to $200 soon).

So these four steps are all that is required to form your non-profit. The total cost is either $440, or $840, depending on how much you think you will make your first year.

During the next few months, as I go through the process of starting a non-profit, I will be posting step-by-step blogs that should help you create a non-profit easily and effectivily.

-- Matthew

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