tax exemption
As noted in prior steps, the National Council of Nonprofits does not provide legal assistance for organizations seeking assistance with their application for tax-exemption.
Once you have determined the need for a new nonprofit and put core plans in place, you will next need to build the structure for your organization.
Using a fiscal sponsorship arrangement offers a way for a cause to attract donors even when it is not yet recognized as tax-exempt under Internal Revenue Code Section 501(c)(3).
It will likely be a shock and perhaps deeply discouraging to learn that your nonprofit’s tax-exempt status has been revoked.
If your nonprofit fails to file its annual return (Form 990) for three consecutive years, the IRS will...
Disclaimer: The resources on this website do not constitute legal advice and are intended as educational background only.
