This is a special video edition of The Nonprofit Ally Podcast. It is an overview of the 501.c.3 nonprofit application process. If you are in the process of forming a nonprofit, this video will give you a good idea of what’s ahead.
To become a tax exempt nonprofit you need to get your 501.c.3 status. To do this you must submit form 1023 to the IRS. You must also include your nonprofit articles of incorporation and your bylaws with this application. So, before you start filling out form 1023, be sure you have:
To get more details on the steps involved in becoming a nonprofit visit the “Start a Nonprofit“ section of this website.
A great book to help with this process is the “Nolo: How to Form a Nonprofit Corporation“. This book includes a CD with sample bylaws and articles of incorporation. Learn more about the book at:
(This is an affiliate link. I only recommend what I use and this book was invaluable. I highly recommend it.)
The IRS also has some great resources for nonprofits, including links to all the forms you’ll need, on their webpage at: “Starting Out – Tax Basics for Exempt Organizations“.
I hope you find this video helpful. Thanks for watching.