About 501C3

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• About 501C3
• Published by
• https//501c3go.com/what-is-a-501c3/

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• Many make the process of starting a nonprofit and
  filling out the 501C3 application difficult when
  in actuality it is a fairly simple process. Many
  when starting a nonprofit search for the "501C3
  Application," when in reality there are more
  steps than just the application. There are
  countless companies that make their living off of
  charging exorbitant fees to help others who want
  to start nonprofits. It is not necessary to pay
  someone else money to fill out paperwork when
  setting up a nonprofit. Setting up a nonprofit
  can be done quickly and easily. Read on and I
  will explain the process to help anyone get a
  nonprofit created without paying a lot of money
  to do it. Click here start a 501c3
• Many endlessly search the internet looking for
  all the steps to create a nonprofit, while
  simultaneously hoping to find an affordable way.
  There is typically two ways to create a nonprofit
  for doing charitable nonprofit work. First is by
  creating an independent 501C3 nonprofit and the
  second is through Fiscal Sponsorship.

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• Both ways of creating a nonprofit work fine,
  however I believe more people enjoy running the
  Fiscally Sponsored nonprofit. A Fiscally
  Sponsored nonprofit has very little paperwork or
  expense to get started and the ongoing
  administration is minimal. The process to start
  each is explained below.
• Independent 501C3 The steps to create an
  independent 501C3 are not as long as they are
  difficult. Creating an independent nonprofit is
  not inexpensive and can run over 1000 in just
  the fees to file the paperwork with the state in
  which the nonprofit is incorporating and the IRS.
  Unfortunately, there is no way around the
  incorporation fees and the filing fees to the
  IRS. However, you do not necessarily need to pay
  someone to help you to do this. The steps are
• 1. Incorporate a nonprofit corporation in the
  state you reside in
• 2. Create Bylaws in which to govern your
  corporation
• 3. Apply for tax exempt status by filling out and
  filing the IRS Form 1023

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• 4. Apply for an EIN number
• 5. Apply for a business license
• 6. Open a bank account once the nonprofit
  corporation is established
• That is really all there is to it. I will advise
  that the IRS FORM 1023 is very long and somewhat
  difficult to fill out. You may want to consult an
  expert and pay a reasonable fee for help getting
  this form completed. Once the IRS FORM 1023 is
  filed with the IRS it can take many months until
  accepted. Visit this What Is A 501c3 Organization
• However, Fiscal Sponsorship is certainly an
  easier route. Fiscal Sponsorship is a formal
  arrangement in which a 501C3 public charity
  sponsors a project that needs nonprofit status.
  Typically, a nonprofit set up through Fiscal
  Sponsorship takes less than 4 weeks to get
  approved and less that 400 to establish. Through
  Fiscal Sponsorship, the nonprofit should have the
  ability to do anything it could as an independent
  nonprofit.

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• Fiscal Sponsorship is a great way to start a
  nonprofit and allows the organization to do
  nonprofit work with 501C3 status without all the
  hassle or expense of starting an independent
  nonprofit. In addition, most Fiscal Sponsors take
  care of the accounting, banking and
  administrative services as well as providing
  training and 100 support. The steps are
• 1. Find a Fiscal Sponsor that will sponsor the
  nonprofit
• 2. Fill out their application which is usually
  short
• Because the sponsor typically takes care of
  everything else, once the application is filled
  out that is all there is to it. There is usually
  a multitude of amenities the sponsor includes so
  make sure to take advantage of all of them. As
  you can see, starting a nonprofit does not have
  to be difficult to figure out the steps. The
  steps are fairly simple, its compiling the
  information that is the hard part.

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• Above all, find experts and organizations that
  can provide you guidance, information, and
  support for minimal fees. The help in getting a
  nonprofit started should not cost you hundreds
  and should be straight forward. Get more info how
  to start a nonprofit
• Summary
• 501C3GO provides info about how to get a 501C3.
  Over 36 yrs experience forming non profits and
  obtaining 501c3 status. More than 2500 501c3s
  personally processed with 100 success.
• Visit this site to learn more
• https//501c3go.com/how-to-start-a-nonprofit/