NonProfit Formation

Get your Nonprofit up and running today

  • Make an Impact – Operate with a mission-driven purpose while benefiting from tax exemptions.
  • Eligibility for Grants & Donations – Access funding opportunities through grants and tax-deductible donations.
  • Legal Protection & Credibility – Establish a recognized entity with liability protection for founders and directors.
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Starting a Nonprofit Organization: Common Questions

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Nonprofits are unique in that they are able to raise capital through acquiring special grants, and that they can receive tax-exempt status. For charity organizations, or those focused on serving the greater good of their communities, it is usually the only logical choice of business structure.

There are no restrictions regarding who can form a Nonprofit organization.

As most Nonprofits are typically founded with the main goal of benefitting the general public, Nonprofits can become "tax exempt" entities. This means that they are free from paying a vast majority of the taxes that are levied on other types of organizations.
However, Nonprofits are not granted tax-exempt status automatically upon formation. After the organization is successfully formed with its state, it must file Form 1023 with the IRS to receive tax-exempt status. There may also be some state-level filing required to become tax exempt at the state level, depending on where your organization is located.

The typical rule is that Nonprofits must have at least three board members to receive tax-exempt status from the IRS. However, it is possible to form a Nonprofit with only one founder.

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