ThingsYou Must do AFTER Incorporating:
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What is a 501c3 non-profit?
Being "501(c)(3)" means that a particular nonprofit organization has been approved by the Internal Revenue Service as a tax-exempt, charitable organization. "Charitable" is broadly defined as being established for purposes that are religious, educational, charitable, scientific, literary, testing for public safety, fostering of national or international amateur sports, or prevention of cruelty to animals and children. NEED A 501c3 PRO? APPLY NOW!
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E Z as 1, 2, 3!
DUMAS MARTIN, JR.
*Reminder: Fees are business expenses and are either refundable or tax-deductible.*
How long does it take for a 1023 EZ Certification to be approved? 2-4 weeks.
On average, the IRS is currently processing Form 1023-EZin 2-4 weeks. If your 501(c)(3) application is approved, you will receive a Determination Letter in the mail as confirmation.
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*A streamlined Form 1023-EZ cost $275 for filing with the IRS. If an organization expected to have no more than $10,000 in gross revenue for the first four years combined, it could pay a reduced filing fee of $400, otherwise the full filing fee is $850.
*$699 ea. for Group Rate!