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501(C)(3) NONPROFIT ORGANIZATION FORMATION

A 501(c)(3) nonprofit organization is tax-exempt, and its purpose is that of religious, educational, charitable, scientific, literary, testing for public safety, fostering of national or international amateur sports, or prevention of cruelty to animals and children. In contrast to loans, a 501(c)(3) nonprofit organization receive grants, aids, donations as a means of raising funds. Our attorneys will help you determine the right structure and provide all of the necessary services to help secure 501(c)(3) status and get your nonprofit started and prepare all organization documents.

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LEGAL FEE

Our fee structure is unique to us as we strive to tailor our services for each client individually. We adapt price standards that are capable of fluctuating for each client. Clients may retain us for one or all of the below steps/services.

We are happy to customize a proposal for yours during a consultation. Please see the below information.

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WHAT MAKES US DIFFERENT

At Tsang & Associates, we treat each client like a well-formed partnership and involve you in every step of the process. When assisting in 501(c)(3) nonprofit organization formation, we work together with you until you are satisfied with our services. By the end of our partnership, our goal is not only to help you find success but also to help you become an expert in your own case.

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CASE PROCESSING OVERVIEW

Step 1: Strategy Session for 501(c)(3) Nonprofit Organization Formation

This is the most crucial step for your 501(c)(3) Nonprofit Organization Formation. We will review all of the supporting documents to create a strategy, a customized checklist, and a timeline to serve as the guiding foundation for the entire case preparation.

Step 2: Form and document preparation and tax exemption

We will prepare all necessary forms and supporting documents to incorporate a Nonprofit Corporation with California Secretary of State. We will also apply for an EIN as well as federal 501(c)(3) tax exemption status with the IRS and FTB after three years of incorporation.

Step 3: Nonprofit mission statement and resume for partners

During this time, we will aid you in developing a proper mission statement for your organization as well as prepare other corporation documents, including resumes for managers.

Step 4: Draft bylaws

During this process, we will aid you in drafting appropriate bylaws for your Nonprofit organization that contain rules and procedures during holding meetings, voting issues, and elections.

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ADDITIONAL RESOURCES

Services

  • Name clearance and draft Articles of Incorporation;
  • Customized Articles of Incorporation;
  • Customized Bylaws and Conflict of Interest Policy;
  • Prepare Nonprofit Mission Statements and Resumes for Manager;
  • Implement initial board actions;
  • Federal Identification Number;
  • File Initial registration with California Attorney General’s Registry of Charitable Trusts;
  • File Statement of Information with California Secretary of State;
  • Apply for Federal Tax Exemption with the Internal Revenue Service (IRS);
  • Apply for California Tax Exemption with the California Franchise Tax Board (FTB).

Checklist

List the name of your corporation as well as two alternates in case the first is unavailable

  1. What’s the name of your organization?
  2. What types of nonprofit organization do you wish to incorporate?
  3. What is the organization’s address?
  4. How many Directors does the organization have?
  5. How many Officers does the organization have?
  6. Has the organization existed at least three tax years?
  7. How is the nonprofit organization going to raise funds?
  8. What is the budget for the organization?
  9. What is your conflict of interest policy?
  10. What are your compensation policies?

Limitations

501(c)(3) organizations are highly regulated entities. Strict rules apply to both the activities and the governance of these organizations. No part of the activities or the net earnings can unfairly benefit any director, officer, or any private individual, and no officer or private individual can share in the distribution of any of the corporate assets in the event the organization shuts down.

Further, lobbying, propaganda or other legislative activity must be kept relatively insubstantial. Intervention in political campaigns or the endorsement/anti-endorsement of candidates for public office is strictly prohibited.

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SCHEDULE A SESSION

Call or email us to set up your 1-hour consultation. Easily pay the $250 consultation fee over the phone or through our email link. If you would like to have a quick chat with our team before setting up the consultation, feel free to use the calendar on the right to book your 10 minute call.

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CORPORATE COUNSEL

In addition to 501(c)(3) nonprofit organization formation, we also specialize in other areas of corporate counsel. At Tsang & Associates, we are personally invested in your company and serve as a coach to your business. We advise your company on how to be the best, aid with legal services, and take care of logistics. As your business coach, we want your company to excel and experience growth. Check out our comprehensive services down below.

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LEGAL REPRESENTATION FOR YOUR BUSINESS

We will work directly for your business advising on legal matters and performing legal research. Paid for only upon demand to provide all legal adice to your company from day-to-day activities to risk mitigation.

START

Build the right legal foundation

FUND

Raise and protect your capital to propel your company

GROW

Scale your business to the next level

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HOW IT WORKS

A client trust will be opened and maintained solely for your business needs. Your business will qualify for service fee reductions when maintaining a $5,000 refundable deposit in your Escrow account.

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KEY BENEFITS

NO HIDDEN FEES

There are no hidden costs or fees, You will maintain a yearly $5,000 refundable deposit and gain access to premium and exclusive services. Other firms charge monthly fees, however, at our firm there are no hidden fees

LET US DO THE WORK

Our legal expertise allows you to focus on building and running a successful company. We do the legal heavy lifting and our years of experience help you navigate strategically the important legal and business decisions.

WE ARE DIFFERENT

We’re changing how legal services are provided. Our corporate counsel is designed to provide you with premium and exclusive resources at an affordable price.

Traditional law firms will charge you extra fees for drafting contracts or employee offer letters. At Tsang’s law, we are there for your business with premium services and no hidden fees.

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