123EZCorp

Nonprofit FAQs

Nonprofit FAQs

You can opt out of a "membership" structure, but, typically, that requires a vote by members, this is very procedural oriented and you don't want…
First, at the very minimum, you must form a nonprofit corporation in your home state. Then, your organization must adopt bylaws and obtain an employer…
It is a 2-Step process: You must INCORPORATE. Preferably, in your home state. Upon incorporating, you must prepare and file the 20-page IRS Form 1023…
We can never guarantee anything because we deal with governmental entities who may not share our opinion on a certain matter even if we are…
That absolutely is part of our process; we bring to the process close to 20 years of experience in understanding the governance issues of a…
No. However, you may find it helpful for your internal operations.
Absolutely. This is necessary and required to be reviewed in advance by the IRS. In applying to the IRS for 501(c)(3) exemption, each organization must…
Yes. Corporate Officers run the day to day operations of the corporation and are elected by the Board of Directors. Generally one person may serve…
Most likely, no. However, if an organization has directors who are unrelated by blood or marriage in the amount of at least three (3), then…
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