The Good, The Bad, and The Ugly About Setting Up A 501c3
The good news is you don't have to struggle with the nonprofit
startup process. You shouldn't have to. You are forming a nonprofit
to better this world, not to spend all your time completing stacks
of paper work.
You are looking for answers and a solution to get your non-profit
set up and running, and that's exactly what we do. Whether we can
provide a few free answers to your questions, or take over the entire
process of incorporation and establishing tax exempt status, we
can make your life a little easier.
I am an attorney who specializes in starting 501c3 non-profit organizations
and counseling ongoing operations. I mention this because it might
be important to you when you make the decision to hire an experienced
consultant and expert, rather than a form processing service, or
someone who is not familiar with the process. We have a 100% success
rate in establishing 501c3 non-profits with tax exempt status before
the Internal Revenue Service. The success rate of nonprofit organizations
attempting to do this on their own is far lower. “501c3
applications filed by lawyers are 10 times more likely to be approved
than those filed by the organizations themselves” according
to an IRS
Agent, at the IRS Processing Center, Covington, KY.
Now, the bad and the ugly. Beware, you get what you pay for. "Incorporation"
or "paralegal form processing" services leave you in legal
limbo by only partially completing the startup process for you,
or failing to get past the IRS review process. Some of these services
don't even prepare the necessary documents for your incorporation,
complete tax exempt status, and compliance with the law. We have
helped countless nonprofit corporations out of this legal limbo,
which I assure results in a much more costly, in time, money, effort,
and lost opportunity. And these paralegal and incorporation services
do not provide ongoing support in the years to come, as we do.
A Turnkey Solution to Receive Tax Deductible Contributions
We provide a straightforward, comprehensive turnkey solution to
startup non-profits for a set fee. When you sign up for our 501c3
startup services, you can rest assured that you will have limited
liability protection, responsible corporate governance, complete
tax exempt status, and lawful compliance for your new nonprofit
corporation.
The package includes securing your corporate name, incorporation,
bylaws, minutes of your organizational board meeting, a conflict
of interest policy, your Federal ID Number (EIN), documents necessary
to open a bank account, and most importantly applications with the
federal and state government for your tax exempt status. You will
be fully compliant for your fist year, and you will receive a corporate
records book, a free guidelines on maintaining your corporate and
tax exempt status in the years to come. And we provide continued
representation for those who sign up for our Ongoing Support program.
Get started today.
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You Can't Legally Fundraise Until The Paper Work Is Done
You probably know that you cannot legally operate or receive grant
funding as a 501c3 until you apply with IRS Form 1023. What you
may not know is that unless you prepare these forms just the way
the IRS wants, it can take well over a year or more to get tax exempt
status on your own. If your 1023 application is rejected, you will
have to fix the problems and submit your response, only to wait
again for another review.
IRS 1023 or 1024 applications for tax exempt status are complex
documents that require a lot of thought, information and time to
complete properly. For example, new organizations must create and
submit financial statements for the current year and proposed budgets
for the next two years, including a detailed breakdown of revenue
and expenses. There are also numerous questions on Form 1023, which
if answered incorrectly, will result in further administrative inquiries
and hurdles by the IRS.
I also know how you can receive funding for your non-profit, even
though you can't legally fundraise as a 501c3 tax exempt organization
until your tax exempt status is established before the IRS. This
one bit of information alone can make the difference in getting
started if you do not already have a big budget for operations.
Your Most Burning 501c3 Formation Question Answered!
You have questions and are looking for answers and solutions. This
is exactly what we provide for our clients. We not only handle the
IRS application and complete incorporation, we will educate you
on exactly what we do to create your nonprofit, what the process
involves, and how long it will take. We want you to understand it,
just not have to do it. That's our job.
So start with your most burning question using our "Ask
an Attorney" service, or call our
toll free number 1-800-928-4161 to set up a time for your
free 20 minute consultation. It's not often you
will get the opportunity to get free time from an expert, so use
this to your advantage.
We look forward to helping you get your nonprofit organization
set up for a fast and easy start.
Sincerely,
Tom Wrobel
Attorney and Non-Profit Consultant
P.S. If you are an already operating nonprofit, call and ask about
our Ongoing Support and Compliance services. Non-profits are under
increased government scrutiny due to changes to Form 1023, 990 fraud,
scandals and new post 9/11 regulations. You may be at risk for stiff
penalties or expensive legal action if your corporate documents
are not in compliance. You may also lose your tax exempt status
or limited liability protection for noncompliance.
Get Your 501c3 Started Today!
 Call
for a Free Consultation at 1-800-928-4161
Use
our "Ask an Attorney"
service
Free
Evaluation when you complete our New
Client Questionnaire
Email
us directly at info@tswrobel-law.com
Learn
how we start your 501c3 nonprofit organization
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