Starting a Non-profit
From a document I found online, the first step when starting a non-profit in Virginia would be determining a name for one's Organization. This seems to be a logical first step. Upon deciding the name, checking for availability is second. There were 2 websites listed to check for names trademarked: http://tmsearch.uspto.gov/bin/gate.exe?f=tess&state=4806:4tp3vy.1.1 & https://sccefile.scc.virginia.gov/NameAvailability
The next step the document list is choosing a Board of Directors; however, I feel before forming a board the mission and vision statement should be completed.
After the Board of Directors are selected, Completing and signing the Articles of Incorporation is priority. Here is a link to Virginia's specific form. There is a fee attached to this step; the filling fees chart can be found here.writing the non-profit's. Drafting the By Laws are next. It is suggested in the publication to seek legal advice during the By Laws and Articles of Incorporation.
The publication next list applying for tax-exempt status as well as paying the fees associated with filling. Once this is approved, apply for sales and use tax exemption.
At some point the non-profit needs to develop a budget, record-keeping system, and account system.
The publication then list obtaining a business license and permits for corporation.
Finally, opening a separate bank account for the non-profit.
These are the steps I found within the publication online, but I also included additional steps found in other locations.
The next step the document list is choosing a Board of Directors; however, I feel before forming a board the mission and vision statement should be completed.
After the Board of Directors are selected, Completing and signing the Articles of Incorporation is priority. Here is a link to Virginia's specific form. There is a fee attached to this step; the filling fees chart can be found here.writing the non-profit's. Drafting the By Laws are next. It is suggested in the publication to seek legal advice during the By Laws and Articles of Incorporation.
The publication next list applying for tax-exempt status as well as paying the fees associated with filling. Once this is approved, apply for sales and use tax exemption.
At some point the non-profit needs to develop a budget, record-keeping system, and account system.
The publication then list obtaining a business license and permits for corporation.
Finally, opening a separate bank account for the non-profit.
These are the steps I found within the publication online, but I also included additional steps found in other locations.
Comments
Post a Comment