Elements of an N.P.O.

Wednesday, 19 September 2007

There are five components necessary to create and maintain a non-profit organization.  

  1. Articles of Incorporation establishing organization.
  2. IRS form 1023 designating organization as 501c3 non-profit corporation.
  3. Board of Directors including at least 3 officers: President, Secretary, and Treasurer.
  4. By-Laws establishing goals and objectives of organization.
  5. Annual indepedent audit if earnings reach $350,000.

 

Last Updated ( Monday, 19 November 2007 )