Introduction
Business Plan
Business Plan - Needs Analysis
n-2-n Neighbor to Neighbor
Business Plan – Organization Description
Business Plan – Communication and Development
Business Plan – Financials
Business Plan – Appendices
Budget
Account | Startup | Year I | Year II |
---|---|---|---|
Contributions | $1000 | $500 | $500 |
Grants | $1000 | $10,000 | $10,000 |
Membership Dues | . | . | . |
Investment Income | . | . | . |
Govt services w/o charge | . | . | . |
Other Revenue | . | . | . |
Subtotal | $2000 | $10,500 | $10,500 |
Program Service Revenue | $2000 | $15,000 | $30,000 |
Total 8-9 | $4000 | $25,500 | $40,500 |
Capital Gains/Losses | . | . | . |
Assemble Resources
Crowdfunding
Articles of Incorporation | Bylaws | EIN SS-4 | Tax Exemption Form 1023 |
Articles of Incorporation and Bylaws
—-
Bylaws
Tax ID number
Form 1023
Form 1023-EZ
Form 1023-EZ
Application Type | User Fee |
Form 1023 | $600 |
Form 1023-EZ | $275 |
Group exemption letter | $2,000 |
Form 1023-EZ
Reduction in 'Inventory'
990-N | Gross receipts normally ≤ $50,000 (may file 990-EZ or 990) |
990-EZ | Gross receipts < $200,000, and Total assets < $500,000 (may file 990) |
990– | Gross receipts ≥ $200,000, or Total assets ≥ $500,000 |
990-PF | Private foundation - regardless of financial status |
Establish a Conflict of Interest Policy
Nonprofit Ethics
Develop a Corporate Record-keeping System
State and Local Requirements
State charitable solicitation requirements
Apply for a nonprofit mailing permit
Local Regulatory Issues
Employment and Payroll
Intellectual Property
Checklist for Corporate Legal Compliance
Policies and Procedures
Establish Financial Systems
Communications & Development
Find a Site and Plan to Begin Operations
Further Resources
What is a non-profit?
Tax-Exempt Organization Reference Chart
Public Charity
What is a Church Sponsored Organization?
Legal Duties
Articles of Incorporation
Bylaws
Types of Boards
Traditional Nonprofit Organization Structure
Key Board Responsibilities
Board Requirements
Wrongful Action
What is Fiscal Sponsorship?
Two Main Ways to Do It Right
Direct Project, Model A
Direct Project, Model A
Legal Steps
Pre-Approved Grant, Model C
Pre-Approved Grant, Model C
Pre-Approved Grant – 7 Steps
How Could Anything Go Wrong?
Problems Common to Both Models
Pre-Approved Grant Problems
Resources
1. Mission and Purpose
2. Select Executive
3. Financial Oversight
4. Resources
5. Legal and Ethical Integrity
6. Planning
7. Board Development
8. Public Image
9. Programs
10. Support Operations
IRS Priorities
1. Failing to Understand Fiduciary Duties
2. Failing to Provide Effective Oversight
3. Deference to the Executive, Chair or Founder
4. Micro-managing Staff
5. Avoiding The Hard Questions
6. Insufficient Conflict of Interest Management
7. Lack of Awareness of Governing Law
8. Outdated, Inconsistent Governing Documents
9. Airing Disagreements Outside the Boardroom
10. Failure to Cultivate Board Diversity
Risk 1: Financial loss
Risk 2: Social Media
Risk 3: Incivility
Risk 4: Form 990
Risk 5: Copyrights
Risk 6: Contracts
Risk 7: Lack of Consistency
Risk 8: Conflicts of Interest
Risk 9: Fraud
Risk 10: Reputation
Caught in the Act - - - Again