Getting a nonprofit up and running is no easy feat. There are so many different steps involved in the process, from filling out numerous forms to following procedures, and legal hoops you have to jump through before you can even start doing the work that your organization was created for in the first place.
This blog post will give you a brief overview of how to go about forming a nonprofit organization in the United States.
Name your organization
The name you choose for your organization will set the tone and impact people’s perception about it. It’s important to take into account what your target audience is looking for when choosing a name, as well as any possible negative connotations with the title.
For example, if you are starting a nonprofit that provides clean water to communities around the world, naming it “Aid” might be an appropriate option.
Identify The Focus Of Your Nonprofit
Next step is to figure out what kind of nonprofit organization you want to start. There are many different types of nonprofits that focus on various areas, including:
- Religion or Spirituality
- Medical research and Treatment
- Children & youth organizations
- And more
Apply for an Employer Identification Number (EIN)
In order to start a nonprofit organization, you need an Employer Identification Number (EIN). All organizations are required to have one in order to open a bank account and file taxes. The IRS website has information on how to apply for one. It can take up to 3 weeks for your EIN number to be approved so plan ahead when starting your new nonprofit.
Appoint a Registered Agent
Nonprofit organizations can be set up as a sole proprietorship, partnership, or corporation. When starting a nonprofit organization it is important to appoint a registered agent. A registered agent is an individual who agrees to accept legal papers on behalf of the nonprofit.
If you are starting a nonprofit, it is important to be aware of the legal and administrative requirements needed for your organization.