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STARTING A NOTFORPROFIT ORGANIZATIONBooklet 1STARTING A NOTFORPROFIT ORGANIZATIONINSTRUCTION BOOKLETByFrank Public Accounting & ConsultingGEDC Business Center www.gedc.caUpdated July 2020Starting
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How to fill out starting a not-for-profit organization
01
Step 1: Research and gather information about starting a not-for-profit organization
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Step 2: Choose a name for your organization and check its availability
03
Step 3: Define your organization's mission and objectives
04
Step 4: Create a board of directors and recruit members
05
Step 5: Develop a detailed business plan that outlines your organization's goals, activities, and financial projections
06
Step 6: Register your organization with the appropriate government authorities
07
Step 7: Obtain necessary licenses and permits
08
Step 8: Set up a legal structure for your organization, such as a non-profit corporation or a trust
09
Step 9: Establish a bank account for your organization
10
Step 10: Develop fundraising strategies and seek funding sources
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Step 11: Create a marketing and outreach plan to raise awareness about your organization
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Step 12: Start implementing your programs and activities
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Step 13: Monitor and evaluate the success of your organization
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Step 14: Maintain proper financial records and comply with reporting requirements
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Step 15: Continuously update and improve your organization's operations and programs
Who needs starting a not-for-profit organization?
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Individuals who are passionate about a cause and want to make a positive impact in their community
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Anyone who believes in the power of collective action and wants to create positive change
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What is starting a not-for-profit organization?
Starting a not-for-profit organization involves creating an entity that operates for charitable, educational, religious, or other public purposes and does not distribute profits to shareholders.
Who is required to file starting a not-for-profit organization?
Individuals or groups aiming to establish a not-for-profit organization are required to file the necessary paperwork with state and federal authorities.
How to fill out starting a not-for-profit organization?
To fill out the forms for starting a not-for-profit organization, one typically needs to complete articles of incorporation, a nonprofit bylaws document, and apply for tax-exempt status with the IRS.
What is the purpose of starting a not-for-profit organization?
The purpose of starting a not-for-profit organization is to serve a public or community benefit, addressing issues such as poverty, education, health, and cultural enrichment.
What information must be reported on starting a not-for-profit organization?
Information required includes the organization's name, purpose, structure, board of directors, registered agent, and financial details to support tax-exempt status.
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