Start a Nonprofit: Filing for 501c3 Tax Exempt Status

Start a Nonprofit: Filing for 501c3 Tax Exempt Status

SPECIAL NOTE (Sept. 1, 2014): There is now a form 1023EZ. It is shorter than this form (in video), cost less and you get your 501.c.3 quicker. Though you will still need to have all the documents I listed below. Learn more about the 1023EZ at: http://nonprofitally.com/get-your-501c3-fast-tax-exempt-in-weeks This video is an overview of the 501c3 nonprofit 1023 application process. To become a tax deductible nonprofit you need to get 501.c.3 status. To do this you must submit a form 1023 to the IRS. You must also include your nonprofit articles of incorporation and your bylaws. Here are some other important details you should be aware as you start the 501.c.3. process: BEFORE YOU START filling out form 1023, be sure you have: Filed your Articles of Incorporation: http://nonprofitally.com/articles Prepared your Bylaws: http://nonprofitally.com/bylaws Held your First Nonprofit Meeting: http://nonprofitally.com/meeting The IRS is going to ask for some specific details to be documented in you application. So be prepared to spend a few days filling out this form and gathering your resources. YOUR ARTICLES OF INCORPORATION and/or your bylaws should include: A statement of your exempt purpose(s), (such as charitable, religious, educational, and/or scientific purposes) A dissolution clause A conflict of interest clause ALSO, BE PREPARED TO give detailed answers about your*: Compensation of officers, directors, trustees, employees, and independent contractors Past, present, and planned activities Financial revenues and expenses *You may not know all of this information if you are a new nonprofit. An informed best guess is suitable, just be sure to state this in your documentation. OTHER RESOURCES A great book to help with this process is the "Nolo: How to Form a Nonprofit Corporation". This book includes a CD with sample bylaws and articles of incorporation. Learn more about the book at: http://nonprofitally.com/nolo (This is an affiliate link. I only recommend what I use and this book was invaluable. I highly recommend it.) The Nonprofit Ally website has a FREE "How to Start a Nonprofit" section at: http://nonprofitally.com/start-a-nonprofit Good luck. I hope this was helpful.

How to Write your Nonprofit Bylaws

How to Write your Nonprofit Bylaws

Writing your Nonprofit Bylaws may seem like a daunting task. But once you know what to include, how to include it and where to include it... well, then it gets much easier. Get the complete guide at: https://nonprofitally.com/bylawsebook This video and its accompanying article (https://nonprofitally.com/what-to-include-in-nonprofit-bylaws) will give you an overview of the Nonprofit Bylaw Writing process. It covers the different "Articles" you will want to include in your bylaws as well as what the IRS is going to want to see in your Bylaws. Here are some useful links: You can read the full article that accompanies this video at: https://nonprofitally.com/what-to-include-in-nonprofit-bylaws EVEN BETTER - You can also read my detailed article about "How to Write your Nonprofit Bylaws", INCLUDING DOWNLOADABLE SAMPLE BYLAWS, at: https://nonprofitally.com/bylaws I hope you found this video helpful and thanks for watching.

How to Run a Board Meeting

How to Run a Board Meeting

Do your board meetings take two hours? Do you feel like nothing is ever accomplished? Are you finding that you are not even sure what to talk about at your meetings? If this is you, you ain't alone. So in this video I go over the structure of a basic meeting agenda. This will help guide you through your meeting and lead to more efficiency and accomplishment. Get your free board meeting agenda at: http://nonprofitally.com/how-to-run-a-board-meeting.

How to Start a Nonprofit

How to Start a Nonprofit

This video is an overview of the steps you need to take to "start your own nonprofit". You can learn more at: http://nonprofitally.com/ Here are some links to help you get started. Step One: Choose a Name for your Nonprofit http://nonprofitally.com/start-a-nonprofit/choose-a-name Step Two: File Articles of Incorporation http://nonprofitally.com/start-a-nonprofit/articles-of-incorporation Step Three: Prepare Your Bylaws http://nonprofitally.com/start-a-nonprofit/nonprofit-bylaws Step Four: Hold Your First Nonprofit Meeting http://nonprofitally.com/start-a-nonprofit/first-nonprofit-meeting Step Five: Create Your Corporate Binder http://nonprofitally.com/start-a-nonprofit/nonprofit-corporate-binder Step Six: Federal Tax Exemption http://nonprofitally.com/start-a-nonprofit/become-a-501c3 If you liked this video, please give a a "thumbs up" and feel free to leave a comment. I hope this was helpful.

Free Accounting Software for Nonprofits

Free Accounting Software for Nonprofits

This is a quick overview of WaveApps Accounting software. It is great for nonprofits who may not have the bucks to purchase something like quickbooks. WaveApps is easy to use and offers many free features for nonprofit accounting. Have a look at: https://www.waveapps.com/ Visit Nonprofit Ally: http://nonprofitally.com/

How to Get a Grant

How to Get a Grant

With thousands of new nonprofit organizations springing up each year, the competition for grant funding has become increasingly stiff. In order to successfully obtain grant funding, you need to write a professional yet compelling application that will stand out from the crowd—an endeavor which cannot simply be “thrown together”. Writing a grant proposal is a process which takes planning, research, review, and commitment, Read the entire blog post at: http://nonprofitally.com/its-time-to-get-the-grant-heres-how I hope this was helpful.

How to Name your Nonprofit or Business

How to Name your Nonprofit or Business

In this video I go over a step-by-step process for coming up with a quality name for your organization. There are five criteria you should aim for when naming your organization. It should: 1. Be unique and memorable 2. Be easy to spell and pronounce 3. Be simple and short 4. Communicate something about your organization 5. Evoke emotion Note: it is not necessary to meet all five criteria but try to shoot for accomplishing three of them. Using the above criteria, it is now time to start brainstorming your new name. In this video I go over multiple ways to do this. And then, once you have narrowed it down to your final 2-3 name options, it is time to test it. Again, this is discussed in the video. If you want to learn more about "Naming your Nonprofit" just visit the blog post I wrote about this at: http://nonprofitally.com/start-a-nonprofit/choose-a-name Thanks for watching this video. I hope it was helpful.

How to Start a Crowdfunding Campaign

How to Start a Crowdfunding Campaign

Learn how to set up a successful "Crowdfunding" campaign. FREE CROWDFUNDING EBOOK: https://nonprofitally.com/crowdfunding-a-z/ There is more to crowdfunding than finding the right platform to use. Just watch this video to learn the steps you need to take to prepare for a successful crowdfunding experience. Take the Complete Crowdfunding Course and get a start-to-finish implementation plan for your crowdfunding campaign. https://nonprofitally.com/ccc

Raise Money with Crowdfunding - A Strategic Fundraising Plan

Raise Money with Crowdfunding - A Strategic Fundraising Plan

Learn how to use crowdfunding to raise money for your project or organization. This crowdfunding how-to video will help you with your Kickstarter, Fundly, Indiegogo, GoFundMe or any other crowdfunding campaign you want to start. FREE CROWDFUNDING EBOOK: https://nonprofitally.com/crowdfunding-a-z/ Presented by Steve Vick from http://nonprofitally.com/. A successful crowdfunding campaign begins with planning. This planning stage should begin months before you actually plan to start your fundraising campaign. During this phase you will want to pick the crowdfunding platform you plan to use. Here are some of the more popular ones: http://www.gofundme.com/ https://www.kickstarter.com/ https://www.indiegogo.com/ https://fundly.com/ http://www.youcaring.com/ After you make your plan you are ready to start preparing to launch your crowdfunding campaign. Again this ideally happens well in advance of your campaign kickoff date. This phase includes creating much of the content you plan to use, including: thank you letters, donation request emails, intro video(s), photos of your project, etc. Take the Complete Crowdfunding Course and get a start-to-finish implementation plan for your crowdfunding campaign. https://nonprofitally.com/ccc Once you have made all the preparations for your crowdfunding campaign you are ready to launch your fundraiser. Launching includes getting the word out to as many people in your inner circle as quickly as you can. (This video presentation explains how and why.) Crowdfunding can help your organization raise a lot of money. By having a strategic plan you will increase the likelihood that you will reach your goals. If you would like to learn more about nonprofit fundraising, social media marketing or content creation just visit: http://nonprofitally.com/ I hope this video was helpful, Steve

WordPress for Nonprofit Websites - Lesson One: Set up Hosting, Buy a Domain and Install WordPress

WordPress for Nonprofit Websites - Lesson One: Set up Hosting, Buy a Domain and Install WordPress

http://nonprofitally.com/ - You are going to build a website for your nonprofit using WordPress. This site will include a DONATION PAGE (see lesson seven)! But first you need to get your domain name and hosting (a place to store your site online) and install WordPress. This first lesson will walk you through all three steps: • Buy your Domain • Get Hosting* • Install WordPress I recommend using HostGator for your hosting and domain purchase. If you follow my link below, you will get 25% off your hosting just by using the special purchase code - nonprofitally. Get hosting at: http://nonprofitally.com/hostgator *Get 25% off - use promo code: nonprofitally You can take the entire “How to Build your Nonprofit Website Course” at: http://nonprofitally.com/make-a-nonprofit-website Or follow the course on YouTube: Lesson One – Hosting, Domain and Wordpress Install https://youtu.be/djlPRGedGyI Lesson Two – Configuring WordPress https://youtu.be/Elu2QRmwVC4 Lesson Three – Install your Theme https://youtu.be/wvNlia7_Tp0 Lesson Four – Customize your Theme https://youtu.be/syft77JrLMc Lesson Five – Configure your Widgets https://youtu.be/VsOsD05ivVs Lesson Six – Set up your Latest News Page https://youtu.be/1h24hqplT6c Lesson Seven – Make your Donation Page! https://youtu.be/Nbj4oma8bZc Lesson Eight – Adding Pages to the Menu https://youtu.be/d_-yjNTlC0Q Lesson Nine – Using Widgets in the Sidebar https://youtu.be/h5qHdpXjOmY Lesson Ten – Final Tweaks and Tuning https://youtu.be/_krQeiCDuhs The example site I am making for this lesson can be viewed at http://thenonprofitwebsite.com/

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