2007-04-23 15:35:27 · 4 answers · asked by the hansens 2 in Business & Finance ➔ Small Business
In response to your question ...
You have to start a corporation first and know what type of non-profit code is best for the organization you are creating. Many organizations obtain a 501c3, which is a private foundation. This is approved by IRS. There are lawyers that can file the necessay forms, as well as organizations.
However, you have alot of researching to do. You should not do this on your own or by someone who's inexperienced. There are questions you must address, as well as documents being developed. For instance, a business plan, bylaws, purpose, board of directors, if applicable. These are just a few. There's more to be done, of course.
Your greatest asset starting out will be to consult with a non-profit attorney and a CPA that handles non-profit organizations.
Take Care!
2007-04-23 17:30:12 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The first step is to create a way to PROFIT from starting a NON-PROFIT organization....Even "non-profit" orgs get money (via salaries, expenses, etc...)....
2007-04-23 22:45:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Talking to a lawyer.
2007-04-23 22:43:18 · answer #3 · answered by John S 1 · 0⤊ 0⤋
And, it usually doesn't happen overnight. The process can be quite lengthy.
2007-04-24 09:10:07 · answer #4 · answered by jdkilp 7 · 0⤊ 0⤋