[HANASHIR:13170] Re: Non- profit 501?

[NeilNFW <NeilNFW...>]

Rahel,

The best advice I can give you (and not just because I am one) is to go see a 
CPA.  501(c)(3) approvals require a large amount of paperwork to be filed 
with the IRS.  You will need orginanizing documents, financial records and 
projections, a listing of your board of directors and their duties, as well 
as several other pieces of information.

Usually a good CPA will offer discounts to not-for-profit organizations, so 
you shouldn't be out too much in cost.  Also, remember that it is illegal to 
purport yourself as a 501(c)(3) or to solicit tax-deductible contributions 
until the IRS has ruled on your application.

Check out <A HREF="www.irs.gov">www.irs.gov</A>  as well as <A 
HREF="http://www.nhscpa.org/";>http://www.nhscpa.org/</A> to help you find a 
CPA.

Neil Weinstein, CPA
Bellevue, WA