Fact Sheet: The Steps to Establishing 501(c)(3) Non-Profit Status
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1) Formulate a mission statement. |
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2) Form a Board of Directors. |
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File articles of incorporation. |
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Draft by-laws. |
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Develop a strategic plan. |
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Develop a business plan. |
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7) Develop a budget. |
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8) Develop a record keeping system. |
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9) Develop an accounting system. |
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10) File for 501(c)(3) status. |
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11) File for state tax exemption. |
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12) File for local tax exemption. |
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13) Fulfill charitable solicitation law requirements. |
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