Ten Steps to Starting a Nonprofit

Pull your Heart String Today! Start the Nonprofit of your Dreams with Beacon 4sight Group!

Many people are self-starters desiring to learn as they go. Others will hire an advisors to get something accomplished in the most efficient way possible. At Beacon 4sight Group, we are happy to provide you the steps to starting a nonprofit. We are also happy to provide you value by doing it for you! To start a nonprofit organization in the United States, you need to follow these steps:

1. Choose a cause: Identify the purpose and mission of your nonprofit organization.
2. Conduct a feasibility study: Research and assess the demand for your services and the potential competition.
3. Choose a name: Select a unique name for your organization and check if it is available to use.
4. Obtain tax-exempt status: Apply for tax-exempt status from the IRS by filing Form 1023 (for organizations with annual gross receipts less than $50,000) or Form 1024 (for organizations with annual gross receipts more than $50,000).
5. File articles of incorporation: File articles of incorporation with the state in which your organization will be headquartered.
6. Create bylaws: Develop bylaws that outline the rules and regulations for your organization’s governance.
7. Obtain any necessary licenses and permits: Obtain any necessary licenses and permits required by state and local governments.
8. Apply for nonprofit status: Apply for nonprofit status with your state government.
9. Build a board of directors: Assemble a board of directors to provide oversight and direction for your organization.
10. Secure funding: Develop a funding plan and secure funding through grants, donations, and other sources.

Note: These steps may vary depending on the state you are in.

Do you have questions? Please consider setting up a time to discuss your desire to start a nonprofit with us! Go to Beacon4today.com to check us out or contact us!