Flowchart for Starting a Nonprofit
While helping a homeschool organization in Washington, I found a nice 44 page book from WA state on forming a nonprofit. I really liked the flowchart on page 5. It has steps to take at the State level, the…
Category 501(c)(3) status
Where to get initial funding for a homeschool nonprofit start up?
A homeschool parent is launching a new homeschool program. Like many nonprofits, she needs some money to start up. The main concern for our group at the moment are funds for filing (for nonprofit incorporation and 501c3 tax exempt status).…
DIY 501c3 tax exempt status
In 2019 Carol Topp started an ambitious project. She set out to record 3 webinars to hep homeschool groups form a nonprofit and apply for 501vc3 status. In this podcast she describes these 3 webinars. Create a Nonprofit Organization for…
New homeschool co-op wants simplicity. Any taxes due?
Hi Carol.I started up a group of a few families last year as a homeschool co-op in our community. As we have grown a little more this year, I would like to start up a checking account. My question is,…
Does bank account need to be less than $5,000 to be self declared tax exempt?
We are a small group (43 families) starting a non-profit. We have used several of your free and purchased resources. Thank you for your work in this space. Question…does the opening balance of the bank account need to be less…
What does it cost to get tax exempt status?
It's not as expensive to apply for 501c3 tax exempt status as it used to be
Top 10 Tips for Homeschool Leaders: Bylaws
“Are bylaws and a board really necessary or is that only for homeschool groups that are 501c3 nonprofits?” was a great question asked by a homeschool leader at a workshop given to homeschool leaders in Wichita, Kansas. In this second…
What do you do after your homeschool group has tax exempt status?
Almost every homeschool group will have some reporting with the IRS and their state.