Lost your tax exempt status?
If your organization has not filed any of the 990/990EZ/990N forms for three years, it is likely your tax exempt status was revoked.
Category Nonprofit status
What is an Nonprofit Unincorporated Association?
In consultations with homeschool leaders, I frequently explain the two options for nonprofit homeschool groups: Be a nonprofit corporation Be an unincorporated association (this is the default if you do nothing) I’ve written articles, blog posts and podcasts about what…
Soliciting funds, donations and fund raising
A homeschool leaders wishes to "solicit funds" and asks if she needs 501c3 status first.
Your state wants your nonprofit to register
Many homeschool groups breath a sigh of relief when they get 501 tax exempt status from the IRS! But only a few realize that their government paperwork is not over! 41 states require nonprofits to register with their state when…
Financial Symposium (online) for Homeschool Leaders
Virtual Symposium for Homeschool Leaders with Carol Topp, CPA on Friday July 15, 2022 at 12 noon EDT Three online workshops on important financial and management issues for leaders of groups of any size. Creating and Running a Nonprofit Financial…
Is your homeschool organization a “mutual benefit” organization? Maybe not!
Most homeschool co-ops are public benefit organizations because they serve a public good (i.e. education of children) and are not mutual benefit organizations.
What does it take to be a nonprofit?
For years, I have heard homeschool groups leaders say things like this: “We’re not an official nonprofit.” “We’re not a recognized nonprofit?” “We’re not a registered nonprofit” Or sometimes, the leaders say this: “We’re a nonprofit but we don’t have…
Non-profit or for-profit for a homeschool co-op?
I am planning to start a homeschool nature-based co-op, where the parents will stay on-site, and we will meet 1-2 days per week. I believe we would be a for-profit organization. Is there some reason to choose non-profit status versus…