Start a Nonprofit: Filing for 501c3 Tax Exempt Status

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  • Опубліковано 5 жов 2024

КОМЕНТАРІ • 122

  • @malikr2271
    @malikr2271 4 роки тому

    Probably the best video on this topic due to the visuals. Straight to the point and doesn’t focus on someone speaking waving their hands. Thanks for the upload.

  • @baizafi1
    @baizafi1 8 років тому +3

    I was unsure about going through with my non-profit but this video has clinched it for me! Kicks for Kids here we come!!

  • @TheAfricanGourmet
    @TheAfricanGourmet 9 років тому +1

    Your video was very organized and educational, you are a naturally a good teacher and trainer. Thank you, I am using your website and blogs for information on forming a 501c3.

  • @mommielady525
    @mommielady525 8 років тому +4

    I am embarking on forming a non profit and your video was most helpful! Thank you for sharing

  • @ourpromisetape1-barbaramun285
    @ourpromisetape1-barbaramun285 9 років тому +5

    Stellar presentation! The style of 'less is more'. Direct to the point, great communicator!KUDOS! I liked it a lot! Congrats and I will do my best to donate to your non profit too!
    Best to you, to Alaska and to the 'Nobel paws'! ;-) Thank you for taking the time to put all this together. I have been procastinating in my dream project so you helped me a lot !!!
    Barbara Muniz

  • @costandayisabye4615
    @costandayisabye4615 9 років тому +15

    Hi Steve, this is so helpful. Thank you so much. How did you get that bylaw format/form? Otherwise, the world needs great people like you to share their knowledges.

  • @stephaniebailo11
    @stephaniebailo11 8 років тому +4

    Oh my God!! Thank you for posting this video. Now I can start filing the 501 c.a application.

  • @thelawnmowermen6007
    @thelawnmowermen6007 7 років тому +1

    9:40 awesome zoom! Thanks for all your hard work. Hopefully you'll have another "I did it, thanks!" in a few months

    • @SteveVickAK
      @SteveVickAK 7 років тому

      best of luck on the application. keep me posted.

  • @NikNikam
    @NikNikam 9 років тому +4

    Hi Steve: I watched your video. It is Excellent. You have a gift of widsom by looking at your passion for sharing your knowledge with others. Would it be possible to make a new video on this topic, since this one is two years old.

    • @SteveVickAK
      @SteveVickAK 9 років тому +3

      +Nik Nikam Hi Nik, I don't plan to update this since I won't be able to demo all the paper work since I already filed. But the video is still relevant as the IRS still wants to see all the documents in this video. It's just the application that change... it is shorter now. But you still need to submit your bylaws, articles of inc, etc.
      Thanks for the comment.

  • @sticks-customcabinetryandw7971
    @sticks-customcabinetryandw7971 4 роки тому +1

    Thank you very much sir. I ordered the book from Nolo. You sure make this seem less scary, and daunting. Your channel is nice, and I subscribed. If you're interested, I have a woodworking channel that I am getting going for my existing cabinet shop business. It should be next to my thumbnail here. Have a wonderful weekend!

  • @JohnMarler
    @JohnMarler 10 років тому +5

    This is awesome, thank you so much for posting this!

  • @ShawnaCostonPhD
    @ShawnaCostonPhD 10 років тому +1

    Now this is what I call real service. Even through you get a Tax exempt number You still need to be Exempt from Sales Tax and you a Number as well.

  • @JorgeTorres-zt7vo
    @JorgeTorres-zt7vo 8 років тому

    Hello, Steve. This information was very helpful. Thank you so much for doing this!!!!
    You are amazing we need more people like you, God bless you

  • @MagickalMermaid
    @MagickalMermaid 7 років тому +1

    THANK YOU for this! You made the process less scary 😂😂😂😂

    • @SteveVickAK
      @SteveVickAK 7 років тому

      Great to hear. Thanks for the feedback.

  • @robertcampbell6576
    @robertcampbell6576 5 років тому

    Job well done. Thanks for the step by step and small pointers. I appreciate all the info that was presented.

  • @ellash6415
    @ellash6415 8 років тому +1

    Hi Steve! I am so glad I found your site, and your videos have been very helpful. I am trying to set up a non-profit in Hawai'i. I have never filed for 501(c)(3) before, so your channel has been extremely helpful to me. Thank you. I have many questions, but for now, I have one. When looking for Board Members, would it be a conflict of interest to ask people you know? My non-profit is going to be providing workshops, resources, and support for women in Hawai'i, (Especially those who have experienced violence and abuse.) and I know many people who are great Board Member candidates. But I want to make sure I am creating a conflict when asking people to join us as Board Members. Thank you for your assistance.

    • @SteveVickAK
      @SteveVickAK 7 років тому

      Boy, I am sorry for the late reply. You can have people you know on the board. That is not a conflict. And many people do this when they start their nonprofit. Eventually you will want a board of skilled/experienced people to help lead and grow your nonprofit. Check out my new site, we have a forum moderated by a lawyer who is available to answer your questions. nonprofitally.com/forums/

  • @Gooodboy282
    @Gooodboy282 5 років тому

    super informative and pretty painless considering the subj matter!

  • @joaniedaniel9889
    @joaniedaniel9889 5 років тому +3

    Thank you for a understandable video. It has a lot of great advice i can use. Thsnks again.

  • @AngieLeeBlog
    @AngieLeeBlog 6 років тому +1

    I just purchase the book & thank you very much for all the help!!

  • @chickjohnson1681
    @chickjohnson1681 8 років тому +1

    Thank you very much!!! Appreciate it.
    I will be on your site more often. So helpful!!!
    Thanks again.

  • @YourBoyTommyboiii
    @YourBoyTommyboiii 10 років тому

    Yup, Thank you Steve! Surely will go through your link.

    • @YourBoyTommyboiii
      @YourBoyTommyboiii 10 років тому

      My org is an urgent one and need the 501 to be active soon. will it be active even if the certificate has not yet arrived? Will it be able to function? Thank you again!

  • @jrc3699
    @jrc3699 9 років тому

    Excellent presentation!!!! Very helpful....Thank you for taking the time to make the video....

  • @patriciareyes2605
    @patriciareyes2605 8 років тому +1

    Thank you so much, such great information!

  •  4 роки тому

    This was very helpful
    Thank you so much!

  • @mskandie1310
    @mskandie1310 7 років тому +3

    Oh, Thanks and much success!!

  • @jennlaskin
    @jennlaskin 4 роки тому

    This is very helpful! Thank you.

  • @acommunityofminorities7126
    @acommunityofminorities7126 8 років тому +1

    The presentation of this information was extremely helpful. I do have just a few questions. Towards Section VI it skips to VIII then XI. Were there any sections in between? Also would a non-profit have to write their own By-Laws or can a standard template be used? In regards to the Articles of Organization does the state have a standard template? And, what type amendments would you advise to include? Lastly, in regards to the financial data, would you recommend seeking help from a CPA or could this be something completed at home using outside resources found online?

    • @SteveVickAK
      @SteveVickAK 7 років тому

      Sorry for the late reply. You can use a template for your Bylaws but I would then customze to your needs. States have an Art of Inc form, but often they don't include all the things you will need to get your 501.c.3. So then you end up have to redo your Art of Inc. Check out my free Start a Nonprofit Course at nonprofitally.com/start-a-nonprofit/

  • @ms.aguero8337
    @ms.aguero8337 2 роки тому +1

    Hello thank you for sharing I started a nonprofit organization since October of 2021 everything came out of my pocket. I am still learning and building the nonprofit. I've been hosting community events supporting troops , homeless and locals. And inorder for me to gain the support I need is to fill out a 501c3 form. That I need help in

    • @npally
      @npally  2 роки тому

      I have a guide on starting a nonprofit. You can find it here - nonprofitally.com/start-a-nonprofit/

  • @Luis-xr6ec
    @Luis-xr6ec 6 років тому

    This is sooo helpful thank you so much! I’ll be using your video as guidance! A+

  • @maryannmesser1453
    @maryannmesser1453 7 років тому

    Thank you Steve very helpful keep up the good work !

  • @alexrivera243
    @alexrivera243 6 років тому +1

    Good job. This was helpful.

  • @csomers58
    @csomers58 10 років тому +1

    This video was extremely helpful. I actually have the NOLO Non Profit book, I received it with my Legal Zoom purchase. Thank you so much I plan to visit your website as well. Cheryl Somers

    • @citizencoy4393
      @citizencoy4393 8 років тому

      Which package did you go with (Legalzoom) were you satisfied?

  • @DeloresMontgomery355
    @DeloresMontgomery355 8 років тому +2

    Hi Steve. So helpful. Really! But I have a question. It is just me. I don't have a board or people to help yet. Could you still have a non profit organization?

    • @SteveVickAK
      @SteveVickAK 7 років тому +2

      You need to incorporate first and that requires founding members. When you go to get your 501.c.3 you will have to have a board of directors. Check out my free "How to Start a Nonprofit" guide at nonprofitally.com/start-a-nonprofit/

  • @brentfisher6478
    @brentfisher6478 9 років тому +2

    this is great! i am starting a non profit for my womens flag football team i really need some help.

  • @JudiJoseph
    @JudiJoseph 5 років тому

    This video is very helpful. Thanks!

  • @emannajee2096
    @emannajee2096 9 років тому

    Great info Steve. I have just Subscribed to your site.

  • @fatimasativa5530
    @fatimasativa5530 8 років тому

    Excellent presentation. All of the tips and tricks, using cover letter, inserting your EIN on each page etc., all very practical and organized. I will be watching more 'how to' video from you. Thank you again, you remind me of Alton Brown. He explains his topic very well and with enthusiasm. Keep it going...

  • @katzeyez70
    @katzeyez70 8 років тому +1

    Great information ...thanks !!!

  • @peterharper9703
    @peterharper9703 4 роки тому

    Great Job thanks!

  • @kimberlybarnett835
    @kimberlybarnett835 4 роки тому

    Very helpful

  • @hg2.
    @hg2. 4 роки тому

    Yes, great video - fantastic intro to getting tax exempt status.
    But - question - why do you end with "writing a grant"? I thought the whole purpose of non-profits were to GET money, not give it away. (Or do I have something mixed-up/backwards about what "writing a grant" means?)

    • @SteveVickAK
      @SteveVickAK 4 роки тому

      Nonprofits have missions that serve as a guiding purpose for their organization. Any money they a nonprofit gets should be used for mission-based purposes. Grants provide funds to help nonprofits fulfill their mission.

    • @hg2.
      @hg2. 4 роки тому

      @@SteveVickAK
      So the NP is Making the grant or Receiving the grant?

    • @SteveVickAK
      @SteveVickAK 4 роки тому

      hg2 typically the NP is applying for a grant that is being offered by a foundation. Though many foundations are nonprofits. So I can be confusing. There are many types of nonprofits. This video is mostly for 501.c.3’s. Thought there are c.4’s and all sort of other types.

  • @mmw9978
    @mmw9978 9 років тому +1

    thank you Steve!!!!

  • @FrantzCDamas
    @FrantzCDamas 9 років тому +1

    Great! Very helpful!

  • @MannyCalderari
    @MannyCalderari 9 років тому +1

    Excellent thank you!

  • @heathdan2643
    @heathdan2643 4 роки тому

    Thank you

  • @victorwilliamvillamar3941
    @victorwilliamvillamar3941 9 років тому +1

    Thank you very much very helpful

  • @americasfunscience
    @americasfunscience 9 років тому +1

    Great Video!

  • @wethepeople9161
    @wethepeople9161 6 років тому

    Thanks a Million Steve!,.. Awesome video!,..can you please tell me where I can get an idea of how much I should/can suggest the yearly salary for my services/time? I run an amateur boxing club. Most my kids are under 18yr old and come from low income families. I want to know How much does a amateur boxing trainer/coach earn a year in wages? Should I suggest an hourly rate of pay... Or should I suggest a salary? I understand that nothing is gonna be ‘for sure’ because this all depends on the donations I get throughout the year. But Im definitely gonna need to know. And yes, I am super excited about finally becoming an organization. For years the gym has operated by the funds from my fathers own pocket and I’m trying hard to do it differently. Better. Thanks again. Please let me know any info will help. Even point me in the right direction. I will definitely check out our site- and refer you.

  • @mohammadmannan9169
    @mohammadmannan9169 5 років тому

    Thank you! This helps alot!

  • @SteveVickAK
    @SteveVickAK 10 років тому +1

    Hey, nyshroud. I don't think you get a refund.

  • @rogatiendonkengnanfack2710
    @rogatiendonkengnanfack2710 4 роки тому

    Thanks so much.

  • @kimrodeffer9225
    @kimrodeffer9225 7 років тому +2

    hi Steve would you be willing to talk with me to help me with this?

  • @MaryApollo
    @MaryApollo 5 років тому +1

    Can you explain about article of organization?

    • @SteveVickAK
      @SteveVickAK 5 років тому

      Check out this article nonprofitally.com/start-a-nonprofit/articles-of-incorporation/

  • @MohamedAliMPH
    @MohamedAliMPH 10 років тому

    it was very helpful for me.

  • @charleslevancannon9610
    @charleslevancannon9610 8 років тому +2

    Hi Steve!
    Great Stuff....
    Question...
    I heard from someone that We can do the EZ form if we make less than 50k in the first 3 years. Is that right?

    • @SteveVickAK
      @SteveVickAK 8 років тому +2

      +C.L. Smooth Yes. Actually, I am pretty sure that is 50K PER YEAR for the first three years.

  • @vargashernandez8570
    @vargashernandez8570 10 років тому

    thank you it was very helpful.......

  • @geraedumedia2766
    @geraedumedia2766 10 років тому +1

    Amazing thanks

  • @missh7558
    @missh7558 8 років тому +1

    Thank you thank you thank you :)

  • @SheilaDanae
    @SheilaDanae 4 роки тому

    Two Thumbs Up!

  • @nicolegagnon4642
    @nicolegagnon4642 9 років тому

    can you file a 501c3 nonprofit organization as a UA-camr if you have a educational channel?

  • @nyshroudcom
    @nyshroudcom 10 років тому

    If your application is rejected, does the IRS refund your $850 filing fee?

  • @sonnythirteen
    @sonnythirteen 8 років тому

    Thank you!

  • @74Dric
    @74Dric 6 років тому

    If you have an established 501c3 I'd like to make a donation. Thanks for the info

  • @weatherlye71
    @weatherlye71 6 років тому

    Thank you for your information. I'll check your website next. Since NonProfits need to keep the minutes to meetings can we, the public, ask to see those minutes? There is an organization here is Reno called Sierra Nevada Teen Ranch that should probably be questioned and investigated. Can I do that?

    • @SteveVickAK
      @SteveVickAK 6 років тому

      So, some states require open meetings and thus the minutes must be open to the public. Others do not, or just don't say either way. You may find info in the orgs bylaws about the availability of minutes. Here are two good articles, www.forakergroup.org/index.php/resources/presidents-letter/confidentiality-and-transparency/, thenonprofitlink.org/PubApps/nonprofitfaq.php?i=25&c=9

    • @weatherlye71
      @weatherlye71 6 років тому

      Thank you, Steve. Very good information. Transparency is quite the issue these days, isn't it? I believe that one of these days everything will come to light. That will be a very interesting - and intense - day, and I am actually looking forward to it. In the meantime, here on this earth, I will be more careful in giving away my time, money, energy, affections and allegiance. I've been robbed too many times to just give blindly - assuming the non-profit is really for the intention of helping the helpless. My advice to others is to do the same. Check it out first!

  • @alexalexander936
    @alexalexander936 10 років тому

    nice video!

  • @jensaffer6213
    @jensaffer6213 9 років тому

    I have an individual willing to donate me start up money for a non profit organization that I am in the process of getting up off the ground but I do not have a 501-c-3 as of yet and do not know what to do to proof he is helping me with the finances to get up and going? How would you handle this legally?

  • @vsubhuti
    @vsubhuti 6 років тому

    10 000 dollars the lawyers charge for forming 501c3.

    • @SteveVickAK
      @SteveVickAK 6 років тому

      Yes. That is not unheard of. Some go as low as $2K. Others much more.

  • @SamuelIBrugger
    @SamuelIBrugger Рік тому

    Good morning folks
    This 1023EZ looks quite well but can you get it when you are outside the States? Actually the sane question I have about the 501.c.3 status which I am learning that it would not harm me but boost the ecological projects my fiance and I started in 2012 before the car crash that took the life (or live, I do not remember if its with an f or an v). Maybe I should be thinking of a joint venture with an NGO in the US or something similar. Any tipps are welcome =)

  • @cmonn0w
    @cmonn0w 6 років тому

    wow... thank you

  • @mskandie1310
    @mskandie1310 7 років тому

    Steve, one other question, I am starting a Church and need another question answered. Do I need to be Incorporated before applying for an EIN? Or go about it in the same manner of the way I founded my Organization, mentioned in my first question. I applied for Incorporation after the EIN.

    • @SteveVickAK
      @SteveVickAK 6 років тому

      Typically you need to be incorporated before getting your EIN. Check out this podcast, nonprofitally.com/how-to-start-a-religious-based-nonprofit/

  • @mskandie1310
    @mskandie1310 7 років тому

    Hello Steve, thank you for the information, it helped me a bit. But I would like to ask a question. Earlier you stated that your Articles must be sent in to the state. I am lost, my Articles have been completed long ago well a couple of years. I live in Texas, can you give me a bit more information on the steps to doing this. I am also Incorporated.
    The name of my Org,, is Community Crisis of Hope Foundation, Inc. and of course I have an EIN. So I guess I am just needing clarification, on the fee if any and where exactly would I send those Articles in.
    I have done everything alone, without any help... so I apologize if it seems that I am all over the place.
    Maybe I am confused or misunderstood you.
    Thank you again

    • @SteveVickAK
      @SteveVickAK 6 років тому

      Sorry for the late response. You can check out my guide at, nonprofitally.com/start-a-nonprofit/. It has all the steps laid out.

  • @ihastoomuchstuff2
    @ihastoomuchstuff2 5 років тому

    Hello Steve. Thank you for posting this very informative video. I am new at this, so please forgive me. I am a landlord and I own a 6-unit apartment building which I pay very high property taxes to my county each year. To avoid paying property taxes on this building in the future, I have often thought about turning my apartment building exclusively into what is commonly referred to as a "safe house" for the sole purpose of housing people who successfully graduate from some of the 30-day alcohol and drug addiction recovery centers in my area. Steve, do you happen to know if I will still be required to pay property taxes to my county on my apartment building if I were to incorporate and set it up as a 501.c.3 Nonprofit safe house for the sole purpose of housing people in recovery?" Thank you for sharing all your knowledge with those of us here who have so much to learn. Appreciate your effort and time. Sincerely, Dave

    • @npally
      @npally  5 років тому

      From what I understand, you'd have to go to your local Government to get property tax removed. I used to serve on a city council and remember granting tax exempt property taxes to nonprofits.

  • @ChavoMysterio
    @ChavoMysterio 6 років тому

    Can open air street preaching communities qualify and legally get 501c3 tax exemption?

  • @sabrinachambers8353
    @sabrinachambers8353 5 років тому

    Can I file this out for a non-profit that is international, or is there a different type of paper work considering mine will be international ?
    Thank you in advance if anyone is able to answer my question.

  • @CambellPrince
    @CambellPrince 4 роки тому

    Hi. The website nonprofitally.com seems to have a problem right now. Fatal error: Cannot redeclare add_option_whitelist()

    • @npally
      @npally  4 роки тому

      Thank you so much for letting me know. I just got it fixed. It was a WordPress error. All should be good now.

  • @PhotohackLovers
    @PhotohackLovers 5 років тому

    but is there a way to file without paying the fee?

    • @SteveVickAK
      @SteveVickAK 5 років тому

      the fee is mandatory and nonrefundable. Even if you get turned down.

  • @chrisspreacherman7400
    @chrisspreacherman7400 5 років тому +1

    Thanks. Do I need a building(no home ot apt.) to have for my Ein? For to file for it?

    • @npally
      @npally  5 років тому +1

      Any address will do. If you have an office or business address then use that. If not, a home address works.

    • @barbaragrant1210
      @barbaragrant1210 4 роки тому

      @@npally how do I hey the forms

    • @npally
      @npally  4 роки тому

      @@barbaragrant1210 ​ Barbara Grant I think you mean "get" the forms. Go to IRS site and search for 1023ez or 1023. The EZ form is if expect your revenue to be below a certain amount each year for the first three years. I think it is $50K. If you expect a higher revenue then you need to fill out the full 1023. You may want to use my free online guide at nonprofitally.com/start-a-nonprofit/

  • @garththompson7190
    @garththompson7190 6 років тому

    So which for is short form 479?
    And Application for non profit organization?

    • @SteveVickAK
      @SteveVickAK 6 років тому

      I have not heard of form 479. Google says it has to do something with libraries. The 501c3 short form is FORM 1023EZ.

  • @jaymoore6636
    @jaymoore6636 7 років тому +1

    hi i want to know does this apply for all states?

    • @SteveVickAK
      @SteveVickAK 7 років тому +1

      This video is for getting your federal 501.c.3 status. So all would-be nonprofits have to do this.
      But first you get incorporated in your own state. Each state is different. I have a guide you can follow at: nonprofitally.com/start-a-nonprofit/

  • @mclovin1033
    @mclovin1033 6 років тому

    Is there any way around that gigantic fee? Like a waiver?

    • @SteveVickAK
      @SteveVickAK 6 років тому

      There is no waiver. But the 1023EZ is half the cost and many new nonprofits qualify for it. Learn more at: nonprofitally.com/get-your-501c3-fast-tax-exempt-in-weeks/

  • @sadaqah220
    @sadaqah220 2 роки тому

    Can you help me

  • @simplysunshine30215
    @simplysunshine30215 4 роки тому

    What are bylaws?

  • @UniversalMysticsOfChrist
    @UniversalMysticsOfChrist 4 роки тому

    This is energy zapping. I'm willing to pay for an affordable price.

  • @ShellConsultingGroupINCOcala
    @ShellConsultingGroupINCOcala 6 років тому

    DILLY DILLY!!

  • @Saidoromo2024
    @Saidoromo2024 7 років тому

    somewhat informative 🤔

  • @valwhit1971
    @valwhit1971 7 років тому +1

    You do not need to be under a 501C3 to be tax exempt. You are signing up for rules and restrictions, with no benefit to you.
    By being a Church you are exempt already.stay away from this status. They inhibit speaking against abortion, limit political speech, and limit content regarding Preaching the Bible. Please seek the Lord before signing up for this.

    • @SteveVickAK
      @SteveVickAK 7 років тому +2

      Hi Valerie, Churches are tax exempt by default. But donations to the church can not be written off unless the church is a 501.c.3. There are many of churches that are 501.c.3 nonprofits.

  • @tswrobel
    @tswrobel 10 років тому +1

    Great background about the process Steve. If someone needs assistance, we at www.nonprofitlegalcenter.com can provide legal representation for more complicated nonprofit start-ups and compliance issues.

  • @Saidoromo2024
    @Saidoromo2024 7 років тому

    somewhat informative 🤔