Application

1023 Questionnaire for Charitable Organization

We are preparing your 1023 form, in which you ask the IRS to recognize your organization as a 501c3 charity.

In order to fill this form, there is some information we need to pull together. It is easiest for you if you speak to me by calling 561-212-1192 and giving us the information. However, there are many people who prefer to answer in writing. Answering in writing actually helps speed up the process.

1) History and Activities:

History and Activities: First…please tell me if you made more than $50,000 in the past 3 years, or if you expect to make up to $50,000 during the upcoming 3 years? If the answer is “no” then stop here and contact me! The IRS considers you a “small corporation” and it only requires you to do a short 1023. You will save yourself a lot of time and money if you do the short form. However, if you reasonably think you will make more than $50,000 dollars, or if you have made more than that in the past, you should do the regular long form. In that case the rest of this questionnaire applies:

Organization Name(Required)

a) How did your organization get started? What is the date of your corporation’s filing with the state? Has your corporation been in existence for over 1 tax year, or less than that?

b) What you have done and what you plan to do in the future?

c) What is the main activity or activities your corporation does?

d) Who conducts the activity?

e) Where is the activity conducted?

f) What percentage of your total time is allocated to the activity?

g) How is the activity funded (for example, donations, fees, etc.)?

h) What percentage of your overall expenses is allocated to this activity?

2) Directors and Special Expenditures:

a) Do you or any other of the directors of officers intend to get paid?

b) What will they be paid for?

c) How much will they be paid?

d) Are you planning to spend money in places outside the United States?

e) If yes, how will you be spending this money?

f) Will you give money to foreign people?

g) Will you buy things from overseas businesses?

h) Will you transfer money to overseas organizations?

i) Please send me the emails of your directors. This will allow us to send out your bylaws and other documents for e-signing.

4) Financial Information:

a) When was your corporation started?

b) For how long has it been receiving and spending money?

c) How much money did it make in the past 5 years and how was the money spent?

d) How much money are you expecting to make in the coming year?

e) How will you make the money? Just donations? Membership fees?

f) Will you be selling anything?

g) How do you expect to spend the money?

Itemize...(For previous years if there are any, or for future years if your corporation is new.)

Salaries for directors or officers,

Other salaries (teachers etc...)

Rent and Utilities

Professional fees (accountants, lawyers, etc)

Food

Office supplies

Printing

Mailings

Transportation

Audio visual equipment

Books

Religious articles

Furnishings

Guest lecturers, singers, musicians etc

If your corporation was in existence in 2022, how much money was in the corporation’s bank account at the end of 2022? Did it own any assets? (Like buildings, vehicles, stocks or other items of value.)