Under I.R.C. § 508(c)(1), a charitable organization that is not a private foundation and that has annual gross receipts normally $5,000 or less is not required to file Form 1023 in order to be recognized by the IRS as a 501(c)(3) organization. An organization that falls below the $5,000/year...
Self-DeclaredNonprofitOrganizations.pdf
A founding board is critical to a new organization’s start and implementing an organization’s vision. Many new founders add their friends as board members, which they often regret. Building your board entails recruiting committed and resourceful volunteer board members, organizing the first...
There are many types of tax exemption under IRS codes - this resource page goes over the different kinds of exemptions. #startinganonprofit
MANP has an extensive resource page to help you explore whether starting a nonprofit in Maine is the right path to achieve your goals and how to make it happen. Visit the link for a readiness checklist, answers to frequently asked questions, and more. #startinganonprofit
A website with discussion guides and slide decks to help guide board discussion during critical moments for exploring strategic alliances and restructuring, including executive transitions, financial crisis/closing, scaling, strategic planning, adapting to change, or when first starting out....