Nonprofits are organizations formed for charitable, religious, educational, scientific, or other activities that benefit the public. They reinvest any surplus into their mission rather than distributing profits to owners or shareholders.

After forming your Nonprofit at the state level, you must apply to the IRS using Form 1023 or 1023-EZ, depending on your organization’s size. We can guide you through the application process to ensure it meets federal requirements.

Yes. Most Nonprofits must file an annual information return with the IRS (Form 990, 990-EZ, or 990-N) and may have additional state-level filings. We provide ongoing compliance support to keep you in good standing.

Absolutely. Nonprofits can hire staff, and compensation must be reasonable and in line with the organization’s charitable mission. Board members can also receive reimbursement for expenses but must adhere to strict governance rules.

Nonprofits gain eligibility for grants, tax-exempt status (once approved), and donor tax deductions. This structure can also increase credibility and public trust, as it demonstrates a commitment to charitable or public-service goals.

State-level formation often takes a few days. The IRS approval for 501(c)(3) can take anywhere from a few weeks to several months. We streamline your paperwork to expedite the process as much as possible.

Yes. We provide customized bylaws templates, help you draft a conflict of interest policy, and guide you in forming a board of directors that aligns with both state and federal regulations.

It’s possible but can be complex. Conversions require dissolving the for-profit entity or restructuring it to comply with federal and state Nonprofit regulations. We’ll help you navigate the correct legal steps to maintain compliance.