Thank you for taking the beginner’s checklist tour.
Getting down to the act !
A definitive answer to all these questions constitutes the beginner’s checklist for starting a nonprofit organization.
To summarize, before you begin with the process for starting a nonprofit organization , you need to be clear on these 5 issues –
|1) The Purpose – articulated in the form of mission statement.
2) Whether the organization would be a ‘public benefit’, ‘mutual benefit’ or a ‘religious’ organization ?
3) Whether or not tax exemption would be sought ?
4) Whether or not it will be incorporated ?
5) Whether or not the organization will have members and if so, will they have voting rights to elect the board ?
These 5 decisions should not be taken in a hurry ,(not the way we did now) but should be deliberated with the entire group memmbers.
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Thanks for taking the time to equip yourself with the basics.
If you have thought out definitive answers to these 5 questions , its time to move on !