Providing Lesotho's Children with Keys to the World

This is the story of our efforts to end the vicious cycle of poverty, disease, inadequate education, and early death
in a remote rural community in Lesotho, Africa, by providing quality education and life skills
to the young children there. Join us on our journey ...

Friday, December 25, 2009

the dreaded IRS Form 1023

The IRS form for getting tax-exempt status as a 501(c)(3) nonprofit organization, Form 1023, is incredible ... 14 pages of questions, many of which request very, very detailed "narrative" answers about past, present, and projected activities. Yikes!

This thing will take days to complete, and since we are just starting, it will contain lots of your-guess-is-as-good-as-mine answers. Project our annual gross receipts for the next three years?!?!!! I haven't a clue how successful we'll be at fundraising.

And filing fees are expensive! $400 for under $10,000 gross, $800 for over.

Time to stop complaining and wade in ...

-- Janissa