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Each year, thousands of nonprofits are established in the United States. This third sector of our economy fills the underserved gap between business and government and is critical to the economic and social fabric of our country. Nonprofit founders often see a need and seek to address that need through a new nonprofit, but are sometimes unprepared for all of the intricacies of running an organization. Starting and maintaining a nonprofit can take a lot of time and resources. Once you create your new nonprofit, you will have certain obligations to fulfill in order to keep your organization alive and well.
While there are many things to do and consider when beginning your nonprofit, these are just five of the big bucket items to start with. Would-be nonprofit founders are well-advised to write a business plan for the nonprofit that covers all of these topics. A written business plan can be an effective tool for recruiting a board of directors and generating support for your nonprofit – financial or otherwise. The contents of a business plan can also be used to prepare the paperwork necessary to form and set up your nonprofit.
The preparation phase of forming a nonprofit is critical to the success of the organization and should happen or at least be well underway before any documents are filed with a state agency to create the nonprofit corporation.
When you are ready, The Geller Law Group can assist you with the paperwork involved in establishing your nonprofit and provide guidance on how to keep your nonprofit in compliance with all of the legal requirements governing such organizations.
The Geller Law Group provides advice and assistance to clients on a variety of legal issues faced by nonprofits and small businesses, including formation. If you wish to speak to a lawyer about your idea for a nonprofit, contact us to schedule a consultation.
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The information contained in this website is provided to users for informational purposes only and does not constitute legal advice, nor is the transmission or receipt of such information intended to create an attorney-client relationship between any Geller Law Group member and the user. Prior results do not guarantee a similar outcome. As legal advice must be tailored to the specific circumstances of each client and case, and laws are constantly changing, nothing provided herein should be used as a substitute for the advice of retained legal counsel. Your continued use of this website constitutes your acceptance of this disclaimer and acknowledgement that under no circumstances shall The Geller Law Group be liable for any direct, indirect, special, consequential or any other damages arising out of or in any way connected with use of this website.