starting a Non profit 501(c)(3) In Florida

Non Profit - starting a Non profit 501(c)(3) In Florida

Good afternoon. Today, I discovered Non Profit - starting a Non profit 501(c)(3) In Florida. Which may be very helpful if you ask me and you. starting a Non profit 501(c)(3) In Florida

Are you reasoning about starting a non profit charity, but are not sure where to start or how to go about it? Have you heard of the term "501(c)(3)" but are not exactly sure what that term means or what importance is attached to it? You are probably not alone. This narrative hopes to shed light on some of the issues complicated in creating and setting up a non profit charitable society in Florida. The narrative also attempts to quote the basic steps one must take in going about setting up a charity without getting into too much confusing detail. If you are finding to set up a non profit in Florida, the basic steps to be taken are as follows:

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• Once you have your proposed charitable mission in mind, you should incorporate. To integrate a non profit, you must put in order and file articles of incorporation with the Florida department of Corporations. The articles of incorporation is the document which "creates" your non profit under state law. The articles contains, among other provisions, the name of the legal entity, address of the corporation, and name and address of the registered agent. Additionally, the articles must state the definite purpose for which the corporation is organized. The articles must also include determined provisions which are required by the Irs. In order to file the articles of incorporation (and generate your non profit), you must submit the document to the Florida department of Corporations along with the state filing fee of .00. The filing fee must be made payable to the "Florida department of State." You must send the articles to the department of Corporations, whose address is P.O. Box 6327, Tallahassee, Florida 32314.

• After incorporation, you should secure an Employment Identification amount ("Ein") for your non profit. To secure an Ein, you can apply for it with the Irs online, via fax, or over the phone. You can reach the Irs by visiting their website at http://www.irs.gov.

• To found an Irs-recognized charity, the next major step is to apply for 501(c)(3) tax exemption status with the Irs. This step involves filling out a relatively detailed application known as Form 1023, Application for Recognition of Exemption. The purpose of completing this form is so that the Irs will recognize your society as a tax exempt charity. Moreover, once you have obtained such exemption status, donors who conduce to your charity will be able to make donations that are tax deductible, to the extent permitted by law. In order to secure such tax exemption status, you must faultless Form 1023 and submit the completed application to the Irs along with the applicable Irs application fee. To secure a copy of the application, you can feel the Irs at 1-800-829-1040.

After the form is submitted to the Irs, within about 3 to 5 months thereafter, the Irs will sass by sending to you a estimation Letter which formally recognizes your entity as a 501(c)(3). If your application is incomplete or a question arises, the Irs will post you of this, which may ensue in delay of the successful processing of your application.

• Once you have received the estimation Letter from the Irs, you should post the Florida department of earnings of your charity's tax exemption status by sending a copy of your Irs estimation Letter to that Department. The Florida department of earnings can be reached at 1-800-352-3671.

• another issue to think is the solicitation of donations. If you plan to solicit donations from the normal public to withhold your charity's mission, then you must register your charity with the State of Florida. The registration process is administered through the Florida department of Agriculture and consumer Services. In order to register to solicit donations in Florida, you must secure a copy of the registration application from the Florida department of Agriculture and consumer Services, fill it out, and then submit the completed application to that department along with the applicable registration fee. You can secure the registration application by contacting the department of Agriculture and consumer Services at 1-850-488-3022.

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