starting a Non behalf 501(c)(3) In Florida

Exemption - starting a Non behalf 501(c)(3) In Florida

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Are you mental about beginning a non profit charity, but are not sure where to start or how to go about it? Have you heard of the term "501(c)(3)" but are not exactly sure what that term means or what importance is attached to it? You are probably not alone. This description hopes to shed light on some of the issues involved in creating and setting up a non profit charitable society in Florida. The description also attempts to divulge the basic steps one must take in going about setting up a charity without getting into too much confusing detail. If you are looking to set up a non profit in Florida, the basic steps to be taken are as follows:

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• Once you have your proposed charitable mission in mind, you should incorporate. To combine a non profit, you must put in order and file articles of incorporation with the Florida group of Corporations. The articles of incorporation is the document which "creates" your non profit under state law. The articles contains, among other provisions, the name of the legal entity, address of the corporation, and name and address of the registered agent. Additionally, the articles must state the definite purpose for which the corporation is organized. The articles must also contain inevitable provisions which are required by the Irs. In order to file the articles of incorporation (and create your non profit), you must submit the document to the Florida group of Corporations along with the state filing fee of .00. The filing fee must be made payable to the "Florida group of State." You must send the articles to the group of Corporations, whose address is P.O. Box 6327, Tallahassee, Florida 32314.

• After incorporation, you should accumulate an Employment Identification number ("Ein") for your non profit. To accumulate an Ein, you can apply for it with the Irs online, via fax, or over the phone. You can reach the Irs by visiting their website at http://www.irs.gov.

• To found an Irs-recognized charity, the next major step is to apply for 501(c)(3) tax exemption status with the Irs. This step involves filling out a relatively detailed application known as Form 1023, Application for Recognition of Exemption. The purpose of completing this form is so that the Irs will identify your society as a tax exempt charity. Moreover, once you have obtained such exemption status, donors who contribute to your charity will be able to make donations that are tax deductible, to the extent permitted by law. In order to accumulate such tax exemption status, you must faultless Form 1023 and submit the completed application to the Irs along with the applicable Irs application fee. To accumulate a copy of the application, you can experience the Irs at 1-800-829-1040.

After the form is submitted to the Irs, within about 3 to 5 months thereafter, the Irs will answer by sending to you a determination Letter which formally recognizes your entity as a 501(c)(3). If your application is incomplete or a problem arises, the Irs will clue you of this, which may succeed in delay of the flourishing processing of your application.

• Once you have received the determination Letter from the Irs, you should clue the Florida group of earnings of your charity's tax exemption status by sending a copy of your Irs determination Letter to that Department. The Florida group of earnings can be reached at 1-800-352-3671.

• someone else issue to consider is the solicitation of donations. If you plan to solicit donations from the normal public to reserve your charity's mission, then you must register your charity with the State of Florida. The registration process is administered straight through the Florida group of Agriculture and buyer Services. In order to register to solicit donations in Florida, you must accumulate a copy of the registration application from the Florida group of Agriculture and buyer Services, fill it out, and then submit the completed application to that group along with the applicable registration fee. You can accumulate the registration application by contacting the group of Agriculture and buyer Services at 1-850-488-3022.

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