What is a 501c3 organization? Learn what it means for a startup nonprofit to become tax-exempt

What is the difference between a 501c3 and a nonprofit? Did you know that every nonprofit is not a 501c3 organization? As a startup nonprofit, you should know the difference so you don't make any mistakes when you apply for tax-exempt status. This is video is 501c3 explained while addressing how to apply and what that means for your non profit organization.

In this video, learn how to apply for and maintain your tax-exempt status with the IRS. You'll learn why you have to go through 2 separate processes to become a tax-exempt organization (starting with the state and then the IRS). I will also talk about the forms required to get your 501c3 status.

If you want to learn more strategies to get up and running with your new or small nonprofit, please visit me on my Facebook page:

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★☆★ Read my blog on becoming a nonprofit:

★☆★ VISIT MY WEBSITE ★☆★

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[DMosleyCFS]

I'm subscribing, you definitely do an outstanding job with clarity and detail.

[nataliejune]

Very helpful video! Thank you for taking the time to explain 501c3 in a clear and concise way. Looking forward to reviewing your checklist!

[lmnifuq]

Hello, creating a non-profit in Texas. Truly appreciate you for creating this platform for upcoming businesses.

[cyndibarnett]

Thank you for making these information simple.

[HEIR.BRANDON]

Came across your page! Thank you so much for your info, just subscribed.

[trellholiday]

GREAT TUTORIAL THIS SISTER SHARED WITH US !!

[willievaughn]

THANK YOU SO MUCH, THAT WAS VERY AWESOME

[smileyhicks]

you already know, You are a Blessing !!!

[melindajones]

You have truly helped me I am starting grant writimg but I am trying to learn about the different forms needed for a nom profit businesd so we can stay within the law again thank you

[shaycooper]

I went to the IRS website and read the rules and I completed a test on that website on my knowledge from what I learned from the video they show you how to stay tax exempt so you won't get in trouble

[locsybrown]

Thank you, I really appreciate you sharing this information. Is there a limit that you can pay yourself and employees that work in your 5013c?

[kdh]

Thank you for this information! I think I’m more clear on obtaining a 501c3.
I do want to ask how do I get you to be my mentor. Even though I purchased the nonprofit workbook & board of directors toolbox, I’m still needing you! Lol🤦🏽‍♀️

[MsQuon-ruic]

I am from Syracuse NY. I just filled out your form

[tamikaarceneaux]

What is the difference in the forms 1023 vs. 1023z?

[yanglu]

@BossonaBudget, Thank you for creating this wonderful content. My question to you is should I apply for an LLC as well as the EIN for the Non-profit Organization that I would like to create?

[dina_]

Are the Board Members allowed to be paid a salary for their time or is it suppose to be volunteer only? I’m in CA.

[joenelson]

Do you cover the specifics of a
509 (a) (2)

[shawngormley]

Do you know of a company that will handle all of the paperwork and get your 501c3 from state to federal level?