501 c 3

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • gman
    Senior Member
    • Dec 2005
    • 676

    #1

    501 c 3

    Parents would like to form a booster club for school. Must they file article of incorporations/ organization and the 1023 to be recoginzed as an exempt organization.

    Is there any simplier way? No funds at this time to hire a lawyer to draw up these papers
  • Uncle Sam
    Senior Member
    • Jul 2006
    • 1462

    #2
    501c3

    Preparing Articles of Incorporation, filing it with the state, getting an EI #, then applying for exempt status on 1023 is the only legitimate way I know of forming a tax exempt entity.

    Yes - you CAN do it from a do-it-yourself kit from commercial places like Blumberg.com,
    and others - but wouldn't you rather have it done right by a person who is trained to set up right the first time?
    Uncle Sam, CPA, EA. ARA, NTPI Fellow

    Comment

    Working...