Monday, November 26, 2007

Establishing a Nonprofit Organization

Q: How do I begin to establish my nonprofit organization?
A: There are several steps that will need to be taken before incorporating your nonprofit organization. This process will include creating a name for your nonprofit organization, applying for tax-exempt status with the IRS, considering board members or advisory groups as required by state law, writing a mission statement and articles of incorporation, etc.

You will also need to hire a lawyer to help with tax-exemption application and institution of personnel policies. An accounting system and property, health and life insurance will be required as well. Please be sure to consult your secretary of state’s office for specific requirements.

Here are some useful links to consider for more information:

http://www.wikihow.com/Start-a-501c3-Nonprofit-Organization
http://nonprofit.about.com/od/nonprofitbasics/bb/beforenonprofit.htm
http://fdncenter.org/getstarted/faqs/html/starting_nonprofit.html
http://www.mncn.org/info_start.htm
http://www.boardsource.org/Knowledge.asp?ID=3.367

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