I'm still plugging away at the monstrous IRS form required to get our official nonprofit tax-exempt status, but I've made significant progress and hope to have it out in a couple days. In addition to the 14-page form & one 2-page schedule, I've written 7 pages (!) of narrative for the many "If you answered 'Yes', explain in detail" questions.
I've been asked why this is so important. Most grant foundations and donors require an organization to have IRS 501(c)(3) status in order to apply for funding. It's also required in order for us to use websites like Facebook Causes and JustGive.org to collect individual donations online.
-- Janissa
Wednesday, January 6, 2010
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