So, You Want to Start a Nonprofit is a four-part series aimed at those interested in establishing a nonprofit organization. Participants will explore the various types of tax exemptions available, including 501(c)(3) and other categories, and learn the detailed steps required to establish a nonprofit organization – from drafting a mission statement and assembling a board to filing the necessary legal paperwork. Additionally, this series covers crucial regulations that nonprofits must adhere to in order to maintain their tax-exempt status. This series is ideal for aspiring social entrepreneurs and community leaders looking to start a nonprofit or learn more about the rules governing nonprofits.

Part Three: Applying for Tax-Exempt Status 

Having a nonprofit corporation is not the same as being tax-exempt. To obtain 501(c) or 501(c)(3) status, newly formed entities must apply to the IRS for a formal determination of exemption. The attitude of the IRS is that requiring applicants to articulate detailed plans is a small price to pay for the significant tax benefits associated with 501(c)(3) status. In this workshop, participants will learn:  

• The importance of the narrative statement. 
•  Why language matters. 
• Ancillary documents often requested by the IRS. 
• Timing. 
• The expedited process. 
• Leveraging interim fundraising. 
• User fees. 

This workshop is presented by Ellis Carter and Ashley Spear of Caritas Law Group, PC.

Registration is required. For more information about StartUpPHX and its resources, please visit https://www.phoenixpubliclibrary.org/startupphx or call (602)262-4636 (TTY 7-1-1).