What does it mean to start a Non Profit?

Description

Starting a Non Profit

Starting a nonprofit 501(c)(3) public charity is not a decision to be taken lightly. Public charities are subject to federal and state rules and regulations that are not imposed on “for-profit” small businesses, including how they will generate

income. The purpose of this workshop is to help newly established and potential nonprofit founders gather information needed to make an informed decision on

how to move their charitable missions forward.

What you’ll learn:

• The differences between a nonprofit, social enterprise, and forprofit business.

• The differences between a public charity and a private foundation.

• The 7 steps needed to form a 501(c)(3) anywhere in the U.S.

• How to determine which IRS 1023 application to use.

• Key activities to position your public charity for income and

sustainability.

• Activities that may risk your 501(c)(3) tax-exempt status.

• Nonprofit resources and support.