Non-profit FAQ - LegalZoom.com


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	What is a 501(c)(3) public charity?
	How do I form a 501(c)(3) public charity?
	Is my organization tax exempt once I file my Nonprofit articles of incorporation?
	What is the difference between a "private foundation" and a "public charity"?
	Is it difficult to set up a 501(c)(3) public charity, private foundation or other type of tax exempt organization?
	How many board members does my Nonprofit organization need?
	Can the officers of my Nonprofit corporation also serve as directors?
	How many officers do we need?
	Do we need to prepare a mission statement?
	Do we need to prepare a budget for our operations?
	Do I need to file anything at the state or local level to apply for tax exemption?
	How much does it cost to submit my tax exempt status application to the IRS?
	How long will the IRS take to respond to my tax exempt status application?
	Do the directors on my tax exemption application need to match the directors on my Nonprofit's articles of incorporation?
	Can my Nonprofit apply for tax exemption if we are in the planning stages and do not have a budget?
	Can the board of directors be related?
	Does the IRS require salary information for tax exempt status applications?
	Can I still be a Nonprofit if I don't apply for tax exempt status?
	I want to influence legislation, lobby or assist a certain political candidate. Can I be a 501(c)(3) tax exempt organization?
	Can I start a Nonprofit for the benefit of one person?

Nonprofits FAQs