Submitting Form IRS 990-N can fulfill your annual reporting requirements, as can the other IRS 990 filings for nonprofits: Form 990 or Form 990-EZ. Small…
Nonprofits with 501(c)(3) tax exemption status are exempted from paying federal taxes. However, they are still required to file their nonprofit’s IRS Tax Form 990…
IRS Approval Times: The more clear the application and narrative are, the more likely the application will be approved quickly. This is an area where…
To qualify for 501(c)(3) tax exemption you must be organized and operated exclusively for one or more of the following purposes: In addition to your purpose, to…
Reg. l. 501(c)(3)-1(d)(2) provide that the term “charitable” is used in IRS 5Ol(c)(3) in its generally-accepted legal sense and includes relief of the poor and…
For the IRS to approve an organization as a church, they must demonstrate that they have a set of distinct religious beliefs, a place of…
Fostering Amateur Sports- Sports activity is not in and of itself an exempt activity under IRS 5Ol(c)(3). To qualify:
The organizing document for the company; it states the organization’s specific purposes, incorporators, etc. The outline will vary from state to state. Here is a…
Bylaws are the governing document that establishes how a nonprofit organization operates. The IRS has specific requirements that must be included in the Bylaws for…
Conflict of Interest: Nonprofits adopt a conflict of interest policy in order to resolve problems that may occur. A Conflict of Interest policy is required by IRS…
