Once you have a solid foundation for your organization, it is time to begin the process of incorporation. State laws and regulations around forming nonprofit corporations vary from state to state.
Every nonprofit has an initial board of directors to comply with both state law in the state of incorporation and the IRS requirement that tax-exempt nonprofits have three board members.
Before starting a new nonprofit, you will want to identify the clear need for your new organization in your community, the startup costs and business plan, and other important factors.
Some of the questions to ask before starting a nonprofit, filings you’ll need to complete, and the policies and procedures that you may want your new nonprofit to have in place.
