NON PROFIT INCORPORATION DEPOSIT
Let Gate To Funding – Get you started today! 1-623-286-4869
For a limited time only, we will set up your 501c3 / organization filing fees are charged separately and vary.
Our out sourced Certified Public Accountants have set up over 3,000 non-profits over the last 5 years with a 100% approval rate (some restrictions may apply).
View Types of Organizations, we have assisted in forming.
View Types of Organizations our CPA has organized
Do you qualify for 501c3 status?
The Process is Simple
1. Call us at 1-623-286-4869 or email: info@gatetofunding.com to schedule a phone appointment and provide us with the information needed to set up your non-profit.
2. During the appointment, we will provide you with all the tax and business guidance to make your non-profit successful.
It’s just that simple. Your nonprofit will then be set up.
Why are our fees lower than all competitors?
The price is for a limited time only.
Our CPA set up many 501(s) and we are able to use that experience to our advantage.
Why use us to Set-up Your Non-Profit?
We are a firm (assisted by a CPA) that specializes in setting up and providing tax services to
501c 3 non-profits.
About our 501c3 Services
We require a very small obligation on your part.
We will prepare all required forms, including Form 1023.
We will respond to IRS inquiries.
Services include obtaining federal ID number, drafting corporate bylaws
Services provided by Gate to Funding
1. You will find that other CPA firms charge as much as $4,500 to $10,000 to setup a non-profit,
2. You will find that the online non-profit services do not provide the individual services as we do. They do not have the tax expertise that we bring to the table.
3. If needed you speak directly with the CPA who has over 20 years of tax and financial experience.
4. We have assisted in setting-up Non-Profits nationwide.
501c 3 Grant Proposal Basics
This article is to provide you with some basic information to get you started in applying for awards for your 501 c 3 organization. We will be providing more information on a frequent basis to guide you toward preparing those winning grant proposals.
Over the past several months, we have studied many foundations, businesses and government agencies that give awards to 501 c 3 organizations. We have found that in general these funders tend not to have an application with a list of questions (though some may).
Instead, these funders tend to ask the applying 501 c 3 to prepare a award proposal. This is really a plus for the 501c3 organizations that are applying for the award as it allows them some flexibility in terms of information to present. This allows the organization to provide information that is most important and that provides the most positive light for the organization.
The most common information required in your award proposals, include:
– A concise description of the organization and its purpose and program.
– Specific amount of money requested.
– Brief description of the purpose for which the award would be used.
– A definite plan and timetable for successful completion of the project.
– Signature of the authorizing officer.
– Contact information including name, phone number, email, etc.
Use the information above to start preparing a basic award proposal document for your organization. Start with this document and build on it. We will be providing more information frequently to guide you toward continuing to build your award proposal document.
If you would like to obtain our services to help you prepare the award proposal, just give us a call 623-286-4869 or email us: info@gatetofunding.com
501c-3 Setup
At Gate To Funding, we make sure that your form 1023 (501c3 application) is submitted to IRS without errors. If the submission contains errors, the IRS will then question the entire submission which will then delay the entire process, costing everyone involved both time and money. Form 1023 has a total of 28 pages and each page has its own set of questions that poses certain issues for the applying nonprofit organization. It is imperative that the language, exhibits and attachments be precise.
The Name of the Organization:
The name of organization must exactly match the legal name of the organization. You should not put an abbreviated name. You should include the correct ending on the name. Ending of the name may be “Inc.”, “Incorporated”, etc. The bottom line is that the name of the organization should exactly match the name on the organization’s article of incorporation.
For Profit Business Applies for 501c3 Status:
Often times an individual will have a for profit business set up. The individual then decides that he or she wants the business to apply for 501c3 status. This is absolutely not allowed. Only a non-profit corporation can apply for 501c3 status.
If a LLC Applies for 501c3 Status:
Technically, an LLC may be eligible to apply for 501c3 status. However, an LLC applying for 501c3 status significantly limits the fundraising abilities of the 501c3. This also means that the LLC owners must also be 501c3 organizations. The suggestion would be to convert the LLC to a Nonprofit Corporation and having the nonprofit corporation apply for 501c3 status.
Employer ID Number:
Often times an individual will have a for profit business set up. The individual then decides that he or she wants the business to apply for 501c3 status. This is absolutely not allowed. Only a non-profit corporation can apply for 501c3 status.
Form 2848, Power of Attorney:
It is not acceptable that an authorized representative OR an officer of the organization sign and date the document. In order for the Power of Attorney to be valid and accepted by the IRS, the document must be signed and date by BOTH the authorized representative (who may be a CPA or Attorney) and by an officer/director of the organization.
Organization’s Website:
When submitting the form 1023 to the IRS, the applicant should only put the website of the nonprofit organization that is applying for the 501c3 status.
Applicant should not put:
– a website that belongs to a related organization
– the website of another company owned by the founding member of the organization
– the website of a partnering organization.
– a website that belongs to a related organization
– the website of another company owned by the founding member of the organization
– the website of a partnering organization.
Articles of Incorporation:
Articles of incorporation must be attached to the form 1023 application. The articles of incorporation must be in compliance with the Section 501c-3 of the IRS tax codes. If the organizing document is not in compliance with the IRS tax code, a revised organizing document will be requested by the IRS.
Bylaws:
The organization must provide a copy of its bylaws, that shows how its officers and directors are elected. The by laws must provide evidence that an independent board of directors makes final decisions with regard to the organization’s operations
Highly Paid Officers and Directors:
Keep in mind that the nonprofit organization is being set up to serve a charitable, educational or religious purpose. Though it is normal and expected that directors and officers may be paid a reasonable salary, a nonprofit cannot be set up specifically to enrich an individual or some small group of individuals.
Keys to raising funds for a startup 501c3
Founding a 501c3 organization presents a chicken-or-egg argument that can overwhelm founders: how much groundwork must be laid before your organization can start fund raising?
Whether your organization is an existent collective of volunteers who have already been fulfilling the organization’s mission and are finally ready to file for a separate tax status or is only a great idea that has not yet been attempted, there are specific keys to building a strong foundation for your nonprofit.
Begin with your Board. Your Board of Trustees is an excellent starting point for fund raising both seed-money and continued funds for your organization. All Trustees are volunteers, but not all volunteers are Trustees; while both parties should be passionate about your mission, your Trustees should contribute specific professional skill sets, such as finance, marketing, or legal guidance, as well as a monetary contribution. Trustees will still be your front-line of fund raising before and long after you’ve hired full-time fund-raising staff.
Define your mission and build your case statement. In order to apply for grants and solicit donors, members, or sponsors, your organization must have a clear mission statement and an explanation of its intended programming. Your Board of Trustees can also be useful for developing these items.
Seek out seed money. It is legal to begin raising funds prior to receiving your nonprofit 501c3 status, and many organizations raise their start-up funds through crowd funding (small amounts from a collective pool of people who want to kick-start an organization) or angel donors (large-scale donors committed to the mission and willing to underwrite operating costs during the transitional period). After your 501c3 status has been approved, pursue seed money from governmental and private granting institutions. These foundations often require a fully developed case statement but are usually understanding towards new and untried programming. Your organization should not neglect these are valuable funds during its first year of operation.
Set up your initial fund-raising programs. Once your 501c3 status has been approved by the IRS, your organization should hit the ground running with its fund-raising efforts. You are now able to solicit awarding institutions directly for operating, capital, and programming funds, as well as make strong cases to individual donors and begin developing corporate sponsorships. Using your case statement as a guide, determine what fund-raising areas best suit your organization and where you should allocate your fund-raising resources accordingly. These areas may include an annual membership donation, awards, annual fund campaigns, special events, and major gifts. While some preferences must be given to specific fund-raising areas based on the needs of your organization, you should also strive to build a good mix of fund-raising activities as soon as possible, such as special events, annual giving campaigns to the general public, and carefully cultivated major gifts and corporate relationships.
Executing these points will create a strong basis for your new 501c 3 organization and increase its chances for a fulfilled mission and future success
Types of 501C Set Up
Our sourced Certified Public Accountants has assisted in successfully setting up over 6,400 501 c organizations.
Types of 501 c 3 Organizations our CPAs has set up:
- Private Foundations
- Animal Shelters
- Foreclosure Assistance
- Recreation
- Amateur Sports Teams and Leagues
- Culture Preservation
- Transition Housing
- Structured Living
- Ministries
- Music and Dance
- Religious
- Financial Assistance
- And Many Others…….
- War Relief
- Scientific Research
- International Support
- Orphanage Support
- Mobile Clinics
- Thrift Store
- Adult Daycare
- Veteran and Soldier Support
- Health Awareness
- Churches
- Community Outreach
- Domestic Violence Shelters
- Schools
- Counseling Centers
- After School Centers
- Youth Tutoring
- Youth Mentoring
- Disaster Relief
- Foreign Assistance