Why start a Nonprofit?
Personal Protection
Founders are kept separate from the organization
Grants
Are eligible for government and private sector grants and can receive contribution from individual donors.
Save on Taxes
Potential Tax-Exempt status.
Frequently asked questions.
Do I need a Nonprofit?
Although it's not essential, starting a nonprofit can allow you to utilize your business talent, education, and experience for the good of humanity or the environment. If you are purpose-driven, you can find intangible rewards that may outweigh any amount of wealth.
How do I form a Nonprofit?
Complete our Nonprofit registration form and we will finalize all details with the state.
What is the processing time
for a Nonprofit?
Every state processing time is different. However, once we receive your information we will begin processing immediately.
What is the difference between
a Nonprofit and other entities?
Starting a nonprofit can be less risky than opening a small business as a sole proprietor or partner. Many states across the nation are enacting legislation that allows the formation of limited liability nonprofits. Limited liability offers business owners legal protection from the company's lenders and other stakeholders.
How is a
Nonprofit taxed?
Nonprofits can qualify for a tax-exempt status which gives nonprofits a significant advantage in retaining funds and budgeting for programs and services. Nonprofits can file for tax-exemption under a number of legal statutes, including Section 501(c)(3) of the Tax Code.
What are some drawbacks of
forming a Nonprofit?
Fund development and fund-raising can be a nonprofit organization's greatest challenge, particularly during an economic downturn and when unemployment rates are high. Nonprofits must often hire exceptional grant writers to obtain funding to sustain and it can get very costly.
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$295
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Operating Agreement
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