specifics would prefer government funded...for troubled teens in my community and AIDS
2006-07-05 00:47:48 · 7 answers · asked by stag4_2000 1 in Business & Finance ➔ Small Business
http://www.irs.gov/pub/irs-pdf/p557.pdf
http://www.irs.gov/charities/index.html
According to the National Center for Charitable Statistics, there are nearly 1.4 million nonprofit organizations in the U.S.
They range from tiny, single purpose organizations, to huge, complex institutions such as universities, foundations, and social service entities.
If you have an idea or feel called to serve the greater good of your community or even the world, start by putting your mission on paper, recruiting a group of knowledgeable advisors, and conducting extensive research.
You need to discover if there really is a need for your service and if there are comparable, already-existing organizations.
If, after doing your homework, you think that there is a place for your dream organization, begin the hard work of starting a nonprofit organization.
What Is a Nonprofit Organization and How Does It Differ From a Business?
When you start a business, it is for the financial benefit of its owners and/or shareholders.
Profit is the goal and the business pays taxes on that profit.
A nonprofit entity has a mission that benefits the "greater good" of the community, society, or the world. It does not pay taxes, but it also cannot use its funds for anything other than the mission for which it was formed.
Nonprofit organizations can and do make a profit, but it must be used solely for the operation of the organization or, in the case of a foundation, granted to other nonprofit organizations.
Do not confuse an IRS registered, tax-exempt nonprofit with a non-exempt "charitable" organization. Many groups serve the public but are not registered with the IRS as a nonprofit.
Some "charitable" organizations do register with the state in which they reside and incorporate in that state as nonprofit corporations.
However, many small "charitable" organizations never seek recognition as a nonprofit from their state or the federal government. The disadvantage to not becoming a registered nonprofit is that donors cannot take a tax deduction on their donations, and you cannot receive grants from foundations or corporations.
To become a tax-exempt, IRS registered nonprofit, you must first incorporate (usually in your state) as a nonprofit corporation. Only nonprofit corporations can apply for federal tax-exempt status.
Think Twice Before Deciding to Start a Nonprofit Organization
2006-07-05 01:58:55 · answer #1 · answered by jogia j 1 · 2⤊ 2⤋
The best routes to take are to research the process of starting a business as well as the industry you're interested in.
I recommend checking out the SBA, Entrepreneur, The Start Up Journal & Nolo. All 4 are great informational resources for the new/small business owner. I posted links for you in the source box.
Research, research, research – this cannot be stressed enough. Read as much as you can. Here are some book titles that are relevant:
* Starting and Running a Non-Profit Made Easy by Entrepreneur Press, David H. Bangs
* Starting and Running a Nonprofit Organization by Joan M. Hummel
* The Nonprofit Handbook: Everything You Need to Know to Start and Run Your Nonprofit Organization by Gary M. Grobman
* Starting & Building A Nonprofit: A Practical Guide by Peri Pakroo
There are plenty of free informational resources out there. Check the source box for links to articles.
Hope that helps! I wish you much success & happiness in all your ventures!
2006-07-05 09:42:49 · answer #2 · answered by TM Express™ 7 · 0⤊ 0⤋
start by googling the following words in CAPS - "START a NON-PROFIT ORGANIZATION? specifics would prefer GOVERNMENT FUNDED...for troubled teens in my community and aids"
2006-07-05 07:56:54 · answer #3 · answered by Matthew F 2 · 0⤊ 0⤋
Resources for Nonprofit Managers
http://www.guidestar.org/
http://www.idealist.org/
http://www.fdncenter.org/
2006-07-05 08:21:24 · answer #4 · answered by jd 6 · 0⤊ 0⤋
or find your local government website...there should be info there... another option which im sure you did... is to search yahoo for:starting a non-profit organization...
and your bank will also tell you... as well as city hall.
2006-07-05 07:55:48 · answer #5 · answered by curseo 1 · 0⤊ 0⤋
Go to the chamber of commerce and ask there.
2006-07-05 07:51:09 · answer #6 · answered by veronica 4 · 0⤊ 0⤋
hmm well go to the government with your proposal
2006-07-05 08:37:27 · answer #7 · answered by Anonymous · 0⤊ 0⤋