What you'll learn
Develop a Project Budget, Apply for a tax Exempt Status online; Register Corporate Name, File for an Articles of Incorporation, Apply for an instant Tax ID online; Apply for Fiscal Sponsorship.
Requirements
Since this is a follow up course from How to Build Your Nonprofit Startup- Part 1, Students should have completed the exercises from that previous course. They will need to have access to their assignment results. Students need to be able to type info in Adobe PDF files in order to complete assignments within the system. They have the option to download and print those documents as well for manual completion. Students should be able to download, save and retrieve downloaded files to successfully complete course assignments.
Description
In this course, aspiring Nonprofit startups will learn to account for the legitimacy of their organizations by gaining the proper documentation in less time and less money than it took prior to 2014. Fortunately today's technology will allow applicants to complete virtually all of their filing online. Students will learn how to complete applications leading to tax exempt status online. This will allow donors to receive tax related credit as a reward for giving to your cause. Students will also learn how to develop a project budget summary. This is important because many people are denied funding because their budget does not line up with their proposed projects. Additionally students will learn about the pros and cons of securing a fiscal sponsor and how to get one. NOTE: While the information learned will be quite useful, organizations that are absolutely certain that they will receive over $50,000 in each of the first 3 years of operation or churches that are not planning to house or operate social or charitable services may not be able to apply through this online method.
Since this is a follow up course from How to Build Your Nonprofit Startup- Part 1, Students should have completed the exercises from that previous course. They will need to have access to their assignment results. Students need to be able to type info in Adobe PDF files in order to complete assignments within the system. They have the option to download and print those documents as well for manual completion. Students should be able to download, save and retrieve downloaded files to successfully complete course assignments.
The Course Structure includes: video lectures, quizzes, along with hands on assignments.
This Course may be completed in a 3 hours over the course of the number of days that it takes to receive feedback from applications.
Keywords include: nonprofit, startup,tax exempt, 501c3, 1023, fiscal sponsor, fiscal sponsorship, EIN, Articles of Incorporation, Tax ID
Overview
Section 1: Start Here
Lecture 1 Course Overview - What is Covered
Lecture 2 Basic Budget Essentials for Nonprofits
Lecture 3 PRACTICE INSTRUCTIONS: Basic Budget Essentials for Nonprofits
Lecture 4 REAL WORLD PRACTICE: Develop a Project Budget
Lecture 5 Do It Yourself - Determining Your Eligibility
Lecture 6 REAL WORLD PRACTICE: Determine Your Eligibility
Lecture 7 Getting Your Name
Lecture 8 REAL WORLD PRACTICE: Getting Your Name
Lecture 9 Filing Incorporation Articles
Lecture 10 REAL WORLD PRACTICE: Articles of Incorporation
Lecture 11 Getting Your Tax ID Number
Lecture 12 REAL WORLD PRACTICE: Getting Your Tax ID Number
Lecture 13 Light on Accountability for Grant Makers
Lecture 14 The Fiscal Sponsorship Option
Lecture 15 REAL WORLD PRACTICE: The Fiscal Sponsorship Option
Lecture 16 Filing Your 1023 EZ Application Part 1
Lecture 17 Filing Your 1023 EZ Application Part 2
This Course is intended for Nonprofit start-ups who want to obtain their tax exempt status and those seeking to build a Human Services project. IMPORTANT NOTE: This online process is for those who DO NOT expect to receive more than $50,000 in the first 3 years of operation. The information and exercises are especially useful for those intending to apply for grants or seek funding.


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