Q: Am I a Nonprofit if I just get Incorporated?

Articles of IncorporationIf you have ever tried to fill out all those IRS 1023 32 page application form and attempted to deal with the mounds of confusing paperwork -- then you know how difficult and time consuming obtaining your non-profit status can be  - which is why most people hope that just by filing their “Nonprofit Incorporation” or “Nonprofit Charter” – that means they’re tax-exempt and can immediately start getting grants.
THIS IS SIMPLY NOT TRUE! You MUST obtain tax-exempt status from the IRS!
This requires you to fill out the dreaded 32-page plus 1023 Application, feared by just about anyone who’s ever attempted to read through it, let alone complete it.
You most likely know that as a tax-exempt corporation, you’ll be eligible to obtain private and public grants. Not just that, but you’ll also be able to solicit and accept tax-deductible donations from corporate donors, public entities, and private citizens – all of which are critical to not just your fundraising efforts, but the success of your organization.
The good news is that tax-exempt 501(c)(3) status tells your potential donors that you are a legitimate and well-organized entity.  It is for all those reasons we recommend you move forward with obtaining your tax-exempt status, and make sure you don’t just stop at your obtaining your articles of incorporation.

Have a question or need help setting up your tax-exempt, 501(c)(3), nonprofit organization? Call us at 1.865.408.8833, Comment below, or email us directly, and we'll get back with you ASAP! Just click This email address is being protected from spambots. You need JavaScript enabled to view it. to send an email!