Incorporate your business with the Secretary of State.
Incorporating establishes your nonprofit organization as a legal corporation in your state. Each state and territory in the United States has a different process and fee structure for incorporating a new organization.
Tip: Incorporating your nonprofit ensures that no other business in the state can use that name.
Register domains and social media accounts.
Create accounts on all major social media platforms (Facebook, Instagram, Twitter, LinkedIn, and TikTok) and register the web domain. Even if you don’t intend to use these accounts in the foreseeable future, securing the accounts and URL will ensure that no one else can take the name or domain. When you are ready to build a website or start posting on social media, you won’t have to worry about the availability of your desired name.
Tip: A registered domain also offers matching email addresses.
Request an EIN from the IRS.
Like every individual has a Social Security Number, every business needs a federal Employer Identification Number or EIN. The EIN identifies your organization on all federal documents. The IRS requires business names to be unique before issuing a new EIN.
Tip: Don’t forget to add the INC at the end of your organization’s name if it’s required in your state.
File for 501c3 tax-exempt status with the IRS.
Tax-exempt status is the most important step in the formation of a nonprofit. There is no name security benefit to filing for tax exemption, but it is an important step for nonprofit organizations.
Tip: It can take months to hear back from the IRS, but you can begin your nonprofit’s operations while waiting.
Need help registering your nonprofit’s name, creating a brand identity, or filing for tax exemption? Contact the nonprofit specialists at BryteBridge today.