Step 1 of 3 33% Specialist EmailYou will be receiving an email about this recommendation. Client Name First Last Qualification For 1023 or 1023 EZWhat is the charity's home state?* State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyomingArmed Forces AmericasArmed Forces EuropeArmed Forces Pacific Is this the nonprofit's first time applying for 501c3 status?*501c3 - Nonprofit organizations formed exclusively for religious, charitable, scientific, testing for public safety, literary, educational, fostering amateur sports, or prevention of cruelty to children or animals that are exempt from paying federal taxes.YesNoWhat legal structure was the charity formed as?*LLC - A limited liability company (LLC) is a corporate structure where the members (i.e. owners) of the company cannot be held personally liable for the company's debts or liabilities. Limited liability companies are essentially hybrid entities that combine the characteristics of a corporation and a partnership or sole proprietorship. Nonprofit LLC’s can only have pre-approved 501c3 nonprofits as its members if they wish to apply for 501c3 status. Think of it as a group of 501c3 nonprofits trying to accomplish a bigger project and requesting 501c3 status for the bigger collective project. I have not formed my charity yetI formed as a Nonprofit CorporationI formed as an LLC or For-Profit CorporationFormed a business but I am not sure what structure I usedWas the charity revoked by the IRS for failure to file its tax returns?*Revoked – Organizations that do not file for three consecutive years of tax returns automatically lose their tax-exempt status. This means they are responsible for paying federal taxes unless they apply to have their 501c3 status returned.YesNoIs the charity planning to form a church, school, hospital, or offer housing programs or financial consulting?*YesNoIs grant funding going to be an important part of the nonprofit's income?*Grant - Grants are monies disbursed or given by government, corporation, foundation, or trust to 501c3 nonprofit organizations to implement its programs. These funds do not have to be paid back and are oftentimes larger than individual donors allowing nonprofits to have a larger impact on their local community.YesNoUnsureWill the organization earn more than $50,000 in either income and expenses per year for the upcoming 3 years?*Earn more than $50,000 - Gross receipts are the total amount of all cash, materials, and in-kind donations (i.e. the value of services offered to charity at no cost) the organization received from all sources during its annual accounting period, without subtracting any costs or expenses.YesNoUnsure Summary of QualificationsQualified For 1023*Your charity is required by law to use the 1023 application to become a 501c3 nonprofit. Also, there is a growing trend among grant funders to provide grants to 501c3 nonprofits that used the 1023 application. Using the 1023 application will give you the maximum access to grants.RecommendedQualified For 1023 EZ*Your organization qualifies to use the 1023 EZ application to become a 501c3 nonprofit. 1023-EZ form is the streamlined online version of Application for Recognition of Exemption Under Section 501(c) (3) of the Internal Revenue Code. Charities filing this form must have income and expenses below $50,000 per year for a minimum of 3 years.RecommendedConsultation Recommended*Based upon your answers it seems like your situation will require more professional consulting to determine your best option.RecommendedRequired: State Charity Registration*Due to the state that you live in, you are required to also file your charity registration with your state. Charity Registration form must be filed for charity to engage in any type of soliciting the public of such as fundraising events, grant writing, corporate sponsorship, accepting donations from websites, in-person requests, phone requests, or other methods of asking for donations. RecommendedNot Required: State Charity Registration*Due to the state that you live in, you are not required to file your charity registration with your state. Not RecommendedRequired: State Income Tax*Due to the state that you live in, you are required to also file for income tax exemption with your state. State Tax Exemption form must be filed in order to be exempt from paying your local state-level corporate and franchise taxes.RecommendedNot Required: State Income Tax*Due to the state that you live in, you are not required to file for income tax exemption with your state. Not RecommendedQualified for Sales Tax Exemption*Due to the state that you live in, you are qualified for a sales tax exemption with your state. Sales Tax Exemption form should be filed if a charity wishes to be exempt from paying your local sales tax on items used for the charity.RecommendedNot Qualified for Sales Tax Exemption*Due to the state that you live in, you are not qualified for a sales tax exemption with your state.Not RecommendedPhoneThis field is for validation purposes and should be left unchanged.