How do I start a non profit company?

Question

Please be specific in steps. I am not to quick on the learning end.

Answer 1

I have found a website that compiles various resources on starting a non profit. I especially like the Minnesota Council of NonProfits because the site gives information on governance, developing strategic alliances, fund raising and other ingredients of successfully running a non profit.

http://www.lib.msu.edu/harris23/grants/znpbib.htm

As for funding your non profit, I suggest you check out Foundation Center to help you gain ideas on how to properly establish your organization and get support from private foundations. They have the most extensive database of private donors, and they publish a magazine that can be very helpful to your new non profit.

http://fdncenter.org/getstarted/tutorials/establish/index.html

I was previously involved in the setup of a non profit, and we were able to get a pro-bono lawyer who set up everything for us, including getting the 501c3 tax status. Contact other non profits in your area and check if there are lawyers willing to work for free to get you started.

Non profits are just like any business - you need to get the word out in order to get the needed funding to help support your activities. Here are some tips to help you market your non profit:

1. Determine your your target audiences: who are the groups and audiences that your non profit wants to reach. Remember that one target group may respond differently to a marketing message as another group so make sure that each strategy is tailor made for each audience.

2. Develop a communications strategy, creating timelines for marketing efforts such as newsletters, press releases, special events, and others.

3. Develop a visual image. Prepare your logo and other branding tools - and use them consistently across various mediums. Make sure that you repeat your branding messages, slogans in everything you make from brochures to newsletters.

4. Employ multiple communications tactics: Nonprofit organizations often target several audiences, which may respond to different approaches. Various communications campaigns can help establish and maintain a more widespread positive image.

5. Select and use appropriate media: Plan to use a combination of approaches best suited to reaching your targeted audiences and that make best use of your financial resources. Include a variety of methods including phone calls, letters, e-mail, newsletters, PSAs, press releases, and editorials.

For detailed information on how to start a non profit, I suggest you read the following books:

- Starting and Running a Nonprofit Organization -- by Joan M. Hummel
- Starting and Running a Non-Profit Made Easy by Entrepreneur Press, David H. Bangs
- Starting & Building A Nonprofit: A Practical Guide by Peri Pakroo

Answer 2

Non-profit means the agency is not subject to tax on its income. The employees/manager are taxec like any other company's employees would be. It is important to remember this.
a) Decide on your Mission Statement: What is it you specifically want to do that will qualify you as non-profit? Surviving in business is not an acceptable answer here.
b) Decide on how you will obtain your funds: donor based funding means you need to have a list of people who share your vision. Grant based funding means you need to learn how to write grant applications - usually from the government, but on occasion from business.
c) Decide on a specific project to attract donors/grants.
d) File the appropriate forms with the IRS.
I've consulted on a number of non-profits. Funding is most often their weak spot. I encourage you to be very prepared to supplement any salary you may obtain from your NP for some years.

Answer 3

you could start a non profit company by simply save in the bank millions or thrillions of money sol that you cpould start. hire employees to be paid by your own money as their salaries give them the necessary benefits provided by law get ready for everything like the building or place of work and its facilities and be sure that your money is enoiugh to pay all expenses needed in your supposed company but you want ;a non profit company then b e sure you own the own entire world to shoulder all the expenses and everything

Answer 4

What do you intend to have this company do? What's wrong with creating profit?

Profits can be reinvested in growing the company.

What are your goals?

Once you have answered the Why-questions, you will find the How-questions become easier to answer.

Good Fortune to You!

Answer 5

A non-earnings coverage employer? Hahahahah. it is impossible till you decide on majorly intense rates. rates could be in the thousand dollar stages. you may know how the coverage employer works. whilst rates are amassed they bypass into an account. That account is stuffed with money. because of the fact the money is outfitted up costs of activity help build greater money. whilst claims are available in money decreases. so as a non-earnings you may never have the money for to pay claims. coverage is a product to be offered no longer given out freely. superb concept however.

Answer 6

just start any business, for the first three to five years it WILL be non-profit !!!!!!!!!!!!!