The decision to start any type of business should not be taken lightly.  We understand the completeness and complexity of having success with your State and the IRS.  Instead of just providing bits and pieces of nonprofit formation services that only solve one part of the startup path and often leave you more frustrated and overwhelmed about "what happens next", we offer a "complete path" service system that will take you from defining your vision to nonprofit management and compliance to launching your nonprofit beyond formation. We are nonprofit strategists and consultants. This means we are not a "non-involved documentation service" company.  We provide expert advice professionally and know what's needed to operate beyond the documentation. 

The $49 investment is an invaluable service and saves you time and effort before you try to put everything into the process.  This way you are confident when you move forward.  Book your Nonprofit Startup Assessment & Consult now.

Yes, we do.  Each package has a 3 payment option. Please Note: The 3-pay option is perfect for those on a budget, but we do need to collect all fees before filing with the IRS - therefore, most of our customers choose to pay in full - so we can get it done as quickly as possible! Plus, you save on the package investment.

Nonprofit tax-exempt status offers several benefits to organizations that qualify. Here are some of the key advantages:

1. Tax Exemption: Nonprofit organizations with tax-exempt status are generally exempt from paying federal income taxes on their qualifying activities. This can significantly reduce the financial burden on the organization, allowing more resources to be allocated toward the organization's mission.

2. Eligibility for Public and Private Grants: Many foundations, corporations, and government agencies provide grants exclusively to tax-exempt nonprofit organizations. Having tax-exempt status makes your organization eligible for a broader range of funding opportunities, increasing the chances of receiving grants and donations.

3. Tax-Deductible Donations: Nonprofits with tax-exempt status can offer donors the ability to deduct their contributions from their taxable income, which serves as an incentive for individuals and businesses to donate. This can encourage more substantial and frequent donations, helping nonprofits raise funds to support their programs and initiatives.

4. Eligibility for Public and Private Support: Tax-exempt status enhances credibility and trust among potential supporters, including individual donors, foundations, and businesses. Many people prefer to contribute to organizations with tax-exempt status because it assures them that their donations are being used for charitable purposes.

5. Sales and Property Tax Exemptions: In some jurisdictions, nonprofits may be eligible for exemptions from sales tax or property tax. This can reduce costs for purchasing goods and services and lower the expenses associated with owning or renting property, freeing up resources to be used for the organization's mission.

6. Access to Postal and Bulk Mailing Discounts: Nonprofits can access reduced postal rates for sending mailings, which can be especially beneficial for fundraising campaigns and communication efforts. This discount allows organizations to reach a wider audience at a lower cost, facilitating effective outreach and engagement.

7. Limited Liability Protection: Nonprofits are often structured as corporations or other legal entities, providing limited liability protection to their board members, officers, and volunteers. This means that individuals involved in the organization generally have personal liability protection against legal claims arising from the organization's activities.

It's important to note that the specific benefits and requirements of nonprofit tax-exempt status may vary by country and jurisdiction. Therefore, it is advisable to consult with local tax and legal professionals or relevant government agencies for accurate and up-to-date information.

The difference between Form 1023-EZ and Form 1023 (the long form) lies in their complexity and the eligibility criteria for each form. These forms are used by organizations in the United States to apply for tax-exempt status under Section 501(c)(3) of the Internal Revenue Code.

See the additional information in the following questions for more details.

Form 1023 (Long Form): 

1. Comprehensive Information: The long form requires more detailed information about the organization's structure, activities, governance, financials, and planned programs. It involves providing a narrative description of the organization's mission, activities, and how it operates.
2. Eligibility Criteria: There are no specific eligibility criteria related to gross receipts or assets for using the long form. All organizations seeking 501(c)(3) status can use this form, regardless of size.
3. Detailed Financial Statements: The long form requires the submission of more comprehensive financial statements, including past years' income and expense data, balance sheets, and revenue projections.
4. Longer Processing Time: Due to the greater complexity and detailed information required, the processing time for Form 1023 (long form) is generally longer compared to the 1023-EZ. It can take several months for the IRS to review and make a determination.

It's worth noting that the availability of Form 1023-EZ is subject to certain limitations and restrictions, and the IRS may periodically update the criteria and requirements for both forms. It is advisable to review the most current guidelines and consult with tax professionals or legal experts to determine the appropriate form for your organization's situation.

Form 1023-EZ:

1. Simplicity: The 1023-EZ is a simplified version of the application, intended for smaller nonprofit organizations with fewer assets and activities. It consists of a shorter and less complex set of questions compared to the long form.
2. Eligibility Criteria: To qualify for Form 1023-EZ, an organization must have projected annual gross receipts of $50,000 or less for the next three years and total assets of $250,000 or less. Additionally, certain types of organizations, such as churches, schools, and hospitals, are not eligible to use this form.
3. Expedited Processing: The 1023-EZ generally has a faster processing time compared to the long form, with the IRS aiming to process these applications within a few weeks.