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> Establishing Non-profit Checklist
Establishing Non-profit Checklist
Legal Considerations
Determine the type of non-profit organization
Choose a unique name for the organization
Register the organization with the appropriate government authorities
Obtain any necessary licenses or permits
Strategic Planning
Develop a mission statement for the organization
Create a strategic plan outlining goals and objectives
Identify target beneficiaries or stakeholders
Establish a board of directors or governing body
Financial Planning
Develop a budget for the organization
Establish a system for financial record-keeping
Determine sources of funding, such as grants or donations
Consider establishing fundraising activities or events
Operational Planning
Develop policies and procedures for the organization
Recruit and train staff or volunteers
Set up office space and equipment
Develop a marketing and outreach plan
Compliance and Reporting
Ensure compliance with all relevant laws and regulations
Obtain tax-exempt status from the IRS
File necessary reports with government agencies
Maintain accurate records and documentation for audit purposes
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