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.

NEO Law Group’s Video on Tips for Starting a Nonprofit – Alternatives to Forming a Nonprofit

Published on: by Michele Berger

  Today, NEO Law Group released a new 3 minute video in its series of videos on tips for nonprofits, available on YouTube.  While incorporating a nonprofit and applying for tax exemption may be the right choice in some instances,  there may often be a better way to achieve your charitable goals.  This video focuses on some possible alternatives to...

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Arts Projects: Charitable or Not?

Published on: by Michele Berger

An organization devoted to the promotion of art may qualify for tax exemption under Section 501(c)(3) of the Internal Revenue Code (the “Code”) by emphasizing its educational exempt purpose and goal of educating the public about the arts. The difficult part of determining whether the organization would be exempt...

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Proposed Form 1023-EZ

Published on: by Michele Berger 2 Comments

The IRS recently proposed Form 1023-EZ, a simplified version of Form 1023 for recognition of federal exemption under 501(c)(3) of the Internal Revenue Code. The new form converts Form 1023’s 25-pages into merely 3, creating a less burdensome exemption process for certain qualifying organizations. The goal of the streamlined...

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