Our Process. Simple. Clear. Results.

THE PROCESS

1. CREATE/ESTABLISH A NON-PROFIT CORPORATION IN YOUR STATE

THE 501C3 PEOPLE DO THIS FOR YOU ENTIRELY. THERE IS A FILING FEE PAYABLE TO THE STATE WHERE THE CORPORATION IS ESTABLISHED. THAT FEE VARIES BUT IS LESS THAN $150 IN THE VAST MAJORITY OF STATES. WE WILL LET YOU KNOW WHAT YOUR STATE'S CORPORATE FILING FEE IS BEFORE WE BEGIN. THIS FEE DOES NOT GO TO US! WE ARE PAID ONLY FOR OUR LABOR.

WHAT IF YOU HAVE ALREADY CREATED THE NON-PROFIT CORPORATION IN YOUR STATE? THE 501C3 PEOPLE WILL REVIEW YOUR EXISTING CORPORATION DOCUMENTS ON FILE WITH YOUR STATE TO DETERMINE IF THEY MEET IRS STANDARDS. IF SO, THEN THIS STEP IS COMPLETE. IF NOT, THEN THE 501C3 PEOPLE WILL PREPARE AN AMENDMENT TO YOUR CURRENT CORPORATION DOCUMENTS THAT INCLUDES THE APPROPRIATE LANGUAGE THAT WILL MEET IRS REQUIREMENTS. NOTE: AMENDMENTS REQUIRE A PROCESSING FEE. FEES VARY BY STATE BUT ARE TYPICALLY IN THE 20 TO 50 DOLLAR RANGE FOR MOST STATES. 

FEES TO ESTABLISH A NEW OR AMEND AN EXISTING CORPOTATION ARE NOT PAYABLE TO THE 501C3 PEOPLE. THESE FEES GO TO YOUR STATE. YOU PAY THE 501C3 PEOPLE A FLAT FEE OF $249 OR $400 FOR THE ENTIRE PACKAGE. THAT’S ALL. 

2. PREPARE THE APPROPRIATE INTERNAL REVENUE SERVICE TAX-EXEMPT APPLICATION FORM. THE 501C3 PEOPLE DO THIS ENTIRELY FOR YOU BASED ON INFORMATION YOU PROVIDE TO US IN OUR QUERY FORM.

3. PREPARE SUPPORTING DOCUMENTS SUCH AS BYLAWS AND OPERATIONAL  POLICIES. THE 501C3 PEOPLE DO THIS ENTIRELY FOR YOU  BASED ON  INFORMATION YOU PROVIDE TO US IN OUR QUERY FORM.

4 .CLIENT ACQUIRES AN EMPLOYER IDENTIFICATION NUMBER (EIN) FOR THE ORGANIZATION FROM IRS IF ONE HAS NOT ALREADY BEEN ACQUIRED. THE CLIENT COMPLETES THIS SIMPLE PROCESS. THE IRS REQUIRES THAT EVERY ORGANIZATION APPLYING FOR TAX-EXEMPT STATUS HAVE AN EIN. THE CLIENT  ACQUIRES THIS BY GOING  ONLINE TO THE IRS WEBSITE. THE IRS CHARGES NOTHING FOR THE EIN. IT IS A FREE AND VERY SIMPLE PROCESS THAT TAKES 10 TO 15 MINUTES MAX BY FILLING OUT A FORM AND ANSWERING VERY BASIC QUESTIONS ABOUT YOUR ORGANIZATION ONLINE. YOU MAY ACCESS THIS FREE AND SIMPLE  PROCESS ONLINE AT irs.gov/ein  

AGAIN, WE DO NOT DO THIS AS IT IS QUITE SIMPLE, BUT IF CLIENT NONETHE LESS HAS QUESTIONS WE CAN BRIEFLY GUIDE YOU. 

5. REVIEW. WE REVIEW PREPARED DOCUMENTS

6. SUBMIT THE ENTIRE PACKAGE TO IRS (INCLUDING CORPORATION DOCUMENTS,  IRS APPLICATION FORMS, AND ALL SUPPORTING DOCUMENTS). THIS IS WHEN  APPROPRIATE FEES ARE PAID TO THE IRS (U S TREASURY). DEPENDING ON THE NATURE AND PLANNED SCOPE OF YOUR NON-PROFIT ORGANIZATION THIS FEE IS EITHER $275 OR $600. IF NEEDED, THE 501C3 PEOPLE CAN GUIDE YOU IN DETERMINING THE APPROPRIATE IRS FEE (ALSO CALLED A “USER FEE”) FOR YOUR ORGANIZATION. 

NOTE: IRS FEE IS NOT PAID UNTIL YOU ACTUALLY SUBMIT PACKAGE TO THE IRS. THIS COULD BE DAYS, WEEKS, OR SEVERAL MONTHS  AFTER THE PACKAGE IS FULLY PREPARED BY THE 501C3 PEOPLE. HOWEVER WE RECOMMEND SUBMISSION TO IRS WITHIN 30 DAYS AFTER WE COMPLETE  YOUR PACKAGE AS SOME INFORMATION INCLUDED IS TIME SENSITIVE. 

PRIOR TO STAGE 5, ANY LABOR FEES OWED TO THE 501C3 PEOPLE ARE PAID IN FULL. 

COST: THE SUPER INEXPENSIVE FEE CHARGED BY THE 501C3 PEOPLE IS $400 OR $249 DEPENDING ON THE NATURE AND SCOPE OF YOUR PLANNED ORGANIZATION.

INDEED, THERE ARE FOLKS CHARGING $1,000; $1,500; $2,000 OR MORE TO PREPARE FEDERAL TAX-EXEMPT APPLICATION PACKAGE. GOOD FOR THEM, BUT WE THINK THAT’S WAY TOO MUCH! WE HAVE A SIMPLIFIED, TEMPLATE BASED SYSTEM THAT HAS BEEN DEVELOPED OVER A DECADE. BY TEMPLATE WE MEAN THAT WE FOLLOW THE SAME FORMAT AND USE SIMILAR LANGUAGE FOR ALL OF OUR PACKAGES. SPECIFIC DETAILS ARE TAILORED TO EACH SPECIFIC ORGANIZATION’S NEEDS. OUR FORMAT/TEMPLATE HAS ENABLED THE 501C3 PEOPLE TO HAVE A VERY EFFICIENT, STREAMLINED PROCESS THAT ALLOWS US TO BE MUCH LESS EXPENSIVE. AND THE 501C3 PEOPLE HAVE NEVER HAD A TAX-EXEMPT APPLICATION THAT WE HAVE SUBMITTED FOR A CUSTOMER BE DECLINED OR NOT APPROVED BY THE IRS. NEVER. NOT ONE.   

FEES/COST BREAKDOWN

YOUR COST WILL INCLUDE THE FOLLOWING SPECIFIC ITEMS:

COST ITEM #1 

501C3 PEOPLE'S LABOR ($400 OR $249 DEPENDING ON ORGANIZATION TYPE). WE ARE PAID HALF TO BEGIN., THE SECOND HALF IS PAID WHEN WE FINISH. RECEIPTS ARE PROMPTLY PROVIDED FOR ANY/ALL PAYMENTS MADE TO THE 501C3 PEOPLE,  COMPLETION TIME IS 7 BUSINESS DAYS OR 20 BUSINESS DAYS BASED ON THE TYPE OF NONPROFIT ORGANIZATION YOU ARE ATTEMPTING TO ESTABLISH, WE PROVIDE YOU WITH A SPECFIC TARGET COMPLETION TIME BEFORE WE BEGIN. 

COST ITEM #2

CORPORATION RELATED FILING IN YOUR STATE (VARIES BY STATE BUT TYPICALLY BETWEEN $50 AND  $150 IN MOST STATES). AGAIN, THIS FEE IS PAID TO YOUR STATE (SECRETARY OF STATE OR CORPORATIONS DIVISION IS WHAT IT IS CALLED IN MOST STATES). THIS FEE DOES NOT  GO TO THE 501C3 PEOPLE.

COST ITEM #3

IRS PROCESSING FEE (ALSO CALLED A “USER FEE”):  $600 OR $275 DEPENDING ON NATURE/SCOPE OF YOUR PLANNED ORGANIZATION. THIS IS PAID TO THE IRS. THE IRS' PAYMENT PROCESS IS TOTALLY ELECTRONIC. CREDIT OR DEBIT CARD PAYMENTS ONLY ACCEPTED AND ARE PAID TO THE IRS VIA THE UNITED STATES TREASURY'S ELECTRONIC PAYMENT PORTAL CALLED PAY.GOV. THE 501C3 PEOPLE CAN SUBMIT THE IRS PROCESSING FEE FOR THE CLIENT. CLIENT PROVIDES IRS FEE AMOUNT TO THE 501C3 PEOPLE. A RECEIPT IS IMMMEDIATELY PROVIDED TO CLIENT. THE 501C3 PEOPLE SUBMIT ENTIRE PACKAGE PLUS FEES TO IRS. THE IRS PROVIDES PROOF OF PAYMENT DIRECTLY TO CLIENT. 

THE PROCESS REQUIRES NO OTHER FEES. 

COMPLETION TIME: 2 TO 7 DAYS FOR SMALLER SCALE ORGANIZATIONS

                                        7 TO 20 DAYS FOR LARGER SCALE ENTITIES

                                        (THIS DOES NOT INCLUDE IRS PROCESSING TIME)

CALL US ONE DAY SOON TO GET STARTED.