The IRS has revised Form 1023 and its instructions to incorporate new user fee amounts. Form 1023 – Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code Instructions for Form 1023 Document describing the changes.
STARTING A NONPROFIT
Although the vast majority of individuals who set out to start a nonprofit do so with the best of intentions, starting a nonprofit requires much more than just good intentions.
Founders should invest meaningful time and thought in determining whether they can access the human, financial and other resources necessary to create a sustainable organization that will effectively and efficiently bring value to the public. And they should understand the various considerations and issues involved with starting and operating a nonprofit. For a Step-by-Step Guide for Starting a California Nonprofit, check out our article for CalNonprofits here.
Cheat Sheet – Starting a Nonprofit
You can download the first in my series of Cheat Sheets – Starting a Nonprofit: Download cheat_sheet_starting_a_nonprofit_v.2.doc
Formation and Control of a 501(c)(3) Affiliate
A 501(c)(3) organization may under proper circumstances be formed and controlled by a 501(c)(4) organization. In order to receive separate tax treatment, the 501(c)(3) must be formed as a separate entity distinct from the 501(c)(4) organization, with a separate federal employer identification number and separate purposes, governing documents, bank...
Starting a Nonprofit
Attached is a 2-page Cheat Sheet on Starting a California Nonprofit Public Benefit Corporation modified from a handout accompanying my presentation for The Foundation Center earlier this year: Download cheat_sheet_starting_a_nonprofit.doc
Form 1023
Form 1023 (Rev. October 2004) * Effective July 1, 2006, the fee for initial applications for exemption under Section 501 will increase from $150 to $300 for small organizations (annual gross receipts not over $10,000), and from $500 to $750 for larger organizations (annual gross receipts over $10,000). The...
Public Support Tests – Public Charities
You'll find a discussion of the general advantages of classification as a public charity rather than a private foundation in a January 1, 2005 post. This post will discuss how charitable organizations receive recognition as a public charity under IRC Section 509(a)(1). Background: All 501(c)(3) organizations are categorized as...
Registration with the California Registry of Charitable Trusts
The Initial Checklist should be used by charities and other public benefit corporations that must register with the Attorney General’s Registry of Charitable Trusts before engaging in charitable solicitation in California. The Initial Checklist requires among other things a copy of the organization’s articles of incorporation (assuming it is...
Form 3500 – California Exemption Application
Form 3500 (2005) * Application Fee: $25.00 Forms & Instructions 3500 – 2005 Exemption Application Booklet Exempt Organizations – FTB Publication 927 Although most California laws dealing with tax exemption are patterned after the Internal Revenue Code, obtaining state tax exemption is a separate process from obtaining federal exemption. ...
501(c)(3) Organization: Public Charity or Private Foundation
Organizations described in Internal Revenue Code Section* 501(c)(3) fall into two categories: private foundations and public charities. Under Section 509, all organizations, domestic or foreign, described in Section 501(c)(3) are private foundations except the types of organizations described in Sections 509(a)(1), (2), (3) or (4). “Public charities” is the...
Not All Tax-Exempt Organizations Are Entitled to Deductible Gifts
Click here for a discussion of the difference between tax-exempt and tax-deductible on give.org’s website. Section 501(c)(3) vs. Section 170(b)(1)(A): Section 501(c)(3) organizations that are tax-exempt under Section 501(a) are defined as: "Corporations, and any community chest, fund, or foundation, organized and operated exclusively for religious, charitable, scientific, testing...