501C3EZ Blogs

The consulting role is crucial to your organization's efforts toward inclusiveness. In its primary responsibilities, the consulting role plays a crucial role in your inclusivity efforts. While consultants are still integral to the organization, they can also take on additional roles, such as educators, catalysts for deeper changes, or resources. Leading the process of greater inclusion within the organization is the responsibility of the Inclusiveness Committee, staff, board members, and executive director.  If you require assistance with one or more of the following tasks, 501c3 consultants or a team of consultants may be able to help you:  1. Details of the guidelines:  Facilitating meetings and processes with the Inclusivity Committee during the planning and execution phases is part of her role in the inclusiveness initiative.  2. Information gathering:  During the phase of collecting information, the consultant designs and compiles data. 501c3 consu...

The process of starting a nonprofit organization requires several steps, such as research, planning, fundraising, etc. As well as overcoming technical, accounting, and legal obstacles. A nonprofit formation plan is one of the steps we take, which constitutes a significant portion of what we do. There are several reasons why organizations choose to apply for the 501(c)(3) setup . Step 1. Organize a nonprofit corporation on 501(c)(3) setup Forming a nonprofit corporation requires the submission of Articles of Incorporation, state documents. An organization's directors, officers, and key personnel are generally protected from liability by forming a corporation. A corporation is formed by obtaining a federal tax identification number (FEIN) from the IRS and creating bylaws that outline the rules to be followed by its board. Step 2. Register with the Internal Revenue Service to become a 501(c)(3) after 501(c)(3) setup Starting a business is more difficult than incorporating....

Section 501(c)(3) of the Internal Revenue Code gives nonprofit organizations the benefit of federal tax exemptions. This applies to organizations that are public charities, private foundations, or private operating foundations. The Internal Revenue Service oversees and administers it as a part of the US Department of Treasury. Other 501(c) organizations fall into the categories listed in 501(c)(1) to 501(c)(29). This discussion will focus on 501(c)(3) organizations with 501C3 information . States tend to have other unique provisions. Most states, like the federal government, allow deductions for state income tax purposes. Many states also exempt 501(c)(3) organizations from paying sales tax on purchases as well as from paying property taxes. To qualify nonprofit organizations with 501C3 information , the Post Office offers bulk rate discounts on postage. What is the purpose of a 501c3? Nonprofit organizations may engage in charitable, religious, educational, scientific, literary, or...