Non Profit and 501c3
If you are forming an organization for charitable, educational, scientific or religious purposes and you are not doing so in order to make a profit then a Non Profit organization may be right for you. A Non Profit can still have employees and is still run in a similar manner as a regular corporation but they are not in business to make money but to serve some general public purpose, therefore, they are given a tax break.
If you are organized for one of the approved IRS purposes, your organization may qualify for 501c3 status which provides federal tax exemption for the organization, deductible donations for donors to the organization and may allow the organization to apply for grants.
If you have decided to form a Non Profit Organization or a 501c3 Organization you can see what's included in the basic packages by clicking the link below. You can then read over the many other services that are offered by this Firm in the Non Profit Services Page as well. Please read the Services page carefully. It contains very important information regarding other filings that are required as well as information regarding liability protection and taxes.
If you are not sure which entity to form please visit the Which Entity is Right For Me page for valuable information and a comparison of the different entity types.
If you still have questions after reading through the information please feel free to call for a free phone consultation.
Items Included In Every NFP Book