Recorded January 22, 2015
Social entrepreneurs and other individuals often ask for help in starting a nonprofit organization. This webinar discusses many of the most important questions one should ask before proceeding and provide a checklist of legal and practical requirements for getting the organization up and running.
Some of the initial questions are: What do you really want to do? Why nonprofit? Are there alternatives to a separate entity? If you want a separate entity, what is the most appropriate type of entity? Whose organization is it? How do you write governing documents for the most effective organization? Who will participate in directing and running the organization?
The checklist will include discussion of policies critical for the operation of the organization. Application for federal tax-exempt status, with emphasis on Form 1023 and Form 1023-EZ applications for charitable exemption. Strategic and fundraising plans. Charitable solicitation registration. Application for state tax exemption. Legal and practical requirements for insurance. On-going requirements for federal tax and state reporting.
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